3 Ways College Financial Aid Letters Can Confuse Families — and What to Do About It
"Good news: your teen got into college! Bad news: now comes the heavy lifting of analyzing financial aid offers," Money.com reports.
..."Compare colleges’ costs, apples to apples: Create a spreadsheet to compare the net cost of different colleges side by side. Some financial aid letters will make this information easier to find than others. You may have to dig around on the college website.
To compare costs, Young recommends using a worksheet created by the National Association of Student Financial Aid Administrators. Williams recommends creating a free account with uAspire to use its cost calculator. With either, you can list colleges’ costs side by side and generate estimates before and after loans."
NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.
Publication Date: 3/21/2022
