All Financial Aid Articles

‘Offer letter’ and ‘acceptance letter’ are two terms you will come across frequently while researching the college admission process. Many people use these terms interchangeably, which is not correct. An offer letter is not the same as an acceptance letter. Here are the vital distinctions between the two. What is an Acceptance Letter? An acceptance …

When you’re accepted into a college, they will put together a customized financial aid package for you. This is known as a college offer letter. Some colleges may call it a merit letter or financial aid award letter. Regardless of the exact name they use, all acceptance letters serve the same purpose. What’s included in an …

Financial aid may be the last thing on your mind when you’re in high school. You’re already juggling a lot. But the sooner you understand how financial aid works, the better. Here are 3 critical financial aid tips for high school seniors. Why it’s So Important to Start Exploring Financial Aid in High School College …

When a college accepts your application, they will send you an award letter (also known as an offer letter). This will detail the amount of money a school is willing to give you in financial aid. If you think you didn’t get enough financial aid, you can appeal for more. Just to be clear, you …

An award letter contains detailed information about how much financial assistance that college is offering you. It includes all grants, scholarships, student loans, and work-study programs that you’re being offered. Along with the breakdown of the different types of financial aid, the award letter also contains the respective award amounts. Reviewing award letters can be …

Filling out the FAFSA is the first step to getting financial aid for college. This is not an easy form to fill out but it’s absolutely crucial that you do it. Without the FAFSA you may lose out on certain types of financial aid. One of the more complex questions on this application is related …