Award Letters
Surprise! Your financial aid award letter doesn’t make sense. Here’s how to measure your true cost of college.
Getting college acceptance letters is a huge relief. It’s no longer a guessing game. Once you’ve celebrated, expect another piece of the puzzle to arrive. Your financial aid award letter. Trouble is, they’re not as straightforward as an acceptance letter. Either you’re in or not. With award letters, colleges tend to use their own vocabulary,…
7 Tips to Unraveling Financial Award Letters
Award letters are notoriously complex. They’re riddled with finance terms and non-standard abbreviations. You’re left thinking, “So what do I REALLY owe?” It’s with good reason, but the process becomes far less convoluted when you break down the individual pieces. Master the formula. As you sift through these award letters, it’s important to figure out what financial…
Financial Aid Awards: Can You Spot the Differences?
Seniors: Your applications are complete. Admission and financial aid offers are starting to come in. It can be confusing to decipher exactly what portion of the awards are free and which come with a cost. On average private colleges discount 46% of college tuition for first-year applicants. Wow, it sounds like a decent chunk of…