Financial Aid Calculators | St. Lawrence University Financial Aid

Financial Aid Calculators


  • Net Price Calculator - Provides an early approximation of estimated educational expenses
  • FinAid - "The Smart Student's Guide to Financial Aid"

There are several financial aid need analysis calculators available for students and families to use as a planning tool. These calculators typically use the need analysis formula called Federal Methodology or FM. FM is the formula approved by the U.S. Department of Education each year to determine eligibility for Federal Student Aid Programs. Links to these calculator options are at the top of this page.

The St. Lawrence University Net Price Calculator provides an early approximation of estimated educational expenses. Estimates are based on 2018-2019 packaging parameters and are subject to change. The NPC is for estimating purposes only and is not an official application for financial aid. St. Lawrence University employs a holistic evaluation process, taking into consideration all elements of a student's application before making admissions decisions. Since the calculator cannot provide us with the same level of detail, it is necessarily less predictive. The NPC is not intended for use by graduate, transfer, readmitted, continuing, international or part-time students, who should instead contact the Financial Aid Office for more information.

The FM formula will result in what is called your estimated Expected Family Contribution (EFC). The EFC result is the starting point for what schools use to determine Federal student aid and in some cases, institutional resources for which you may be eligible.

For example, if you use one of the FM calculators to determine that your estimated EFC is $8,500, then at a school whose cost is $55,000, your demonstrated financial need would be $46,500 (cost minus EFC). The school’s financial aid office staff will try to find you $46,500 of various financial aid resources to meet that need. It is important to note that at St. Lawrence University, we try very hard to meet 100% of need for all students, but due to the number of students in need of assistance, we do not reach that goal all of the time.

While we are not allowed to provide a student their financial aid award results before our published deadlines (NCAA regulations prohibit member colleges from this action), you may decide to try out a calculator as a planning tool.