Tag: financial aid letter


College financial aid letters leave students, parents confused

Posted on May 12th, 2015

"Knowing exactly how much college is going to cost should be as simple as knowing how many calories there are in a slice of bread." -- Al Franken (D-Minnesota)

A recent article from the Hechinger Report addresses a problem many of our clients face: confusing financial aid award letters from colleges. Full of technical jargon, abbreviations and often misleading information, many letters leave families unsure of how much college will actually cost, which makes it difficult to compare letters from different schools. Financial aid ‘awards’ […]

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How to compare financial aid award letters

Posted on April 25th, 2013

Comparing financial aid letters from different colleges can be confusing. It’s hard to know exactly what you’re paying for, what your final sticker price will be, and whether one offer is better than another. The College Abacus helps solve this problem, allowing you to compare the real cost of colleges after all aid has been applied.

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