Financial Aid Checklist for Decision Time!Posted on Mon, 04/07/2014 - 13:05
It's decision time! Your financial aid award letters will usually arrive with your letters of acceptance, or soon thereafter. Even though you will be celebrating and contemplating your choices, you will also need to be focused and diligent about evaluating your financial aid offers. College advisor Alice Kleeman is back with advice and answers for your questions during this important time.
· You will often receive financial aid offers (also called "financial aid packages" or "financial aid award letters") with your admit letter or shortly thereafter. Review these offers carefully. Ask questions at your College and Career Center or Guidance Office if you don't understand your letters.
· Colleges vary tremendously in their cost of attendance, present their costs in different ways, and offer different amounts of financial aid in different combinations. This can make it difficult to understand which combination of price and student aid award is best. Here are some tools for comparing financial aid awards:
US Department of Education College Affordability and Transparency Center