Net price is the total cost of attending one year at a post-secondary educational institution, minus any financial aid a student might receive. Net price usually depends on the annual family income of the applicant. Usually, individuals who have a higher family income are required to pay a higher net amount, too. Simply put, the family income of the candidate is a key factor in determining the net amount.
At KUFL, the average net price is estimated to be $36,437, which is the amount students will pay if their annual family income is less than $30,000.
For individuals whose income is between $30,001 and $48,000, the net price is the same ($36,437). However, the University lists an Expected Family Contribution (EFC) of $8,479.
For individuals whose income is between $48,001 and $75,000, the net price is the same. However, the University lists an Expected Family Contribution (EFC) of $28,406.