College Financial Aid Award Letters Fall Far Short of Being Clear, Comparable, and Consumer-Friendly
New Analysis Highlights Need to Standardize Award Letter Elements

December 11, 2017
The Institute for College Access & Success

A new analysis released today by the Institute for College Access & Success (TICAS) reveals major shortcomings in the financial aid information that colleges are sending to students. Cost in Translation: How Financial Aid Award Letters Fall Short details how the vast majority of almost 200 award letters analyzed by TICAS failed to communicate critical information to prospective college students, and provides examples of the most problematic elements of those letters.