The average net price, as defined by the federal government, is the average amount students require to pay to attend a university after subtracting aid. Iowa state university determines the net price of family income on family income range or income group. The net price can change, depending on the amount and scale at which a student's total family income falls. Depending on the financial aid available, the net price may vary, and the financial assistance provided may either be less or more than the overall average costs incurred during the program. However, Iowa state university's average net price is $14,643.
Annual family income ranging from $0 to $30,000 has a net price of $9,801, which is significantly less than the median average price, which is $13,908 and considerably lower than the net price of $14,643. The students and family whose annual family income range is $30,001 to $48,000 has an average of $10,419. Whereas, the net price for the annual income range of $48,001 to $75,000, which is the median annual income range, is $13,908, which is slightly lower than the average net price per program. The student whose annual income range is $75,001 to $110,000, the average is $16,898, and the family whose annual income is $110,000, and above the average is $18,468.