Tips for Interpreting Award Letters

September 10, 2017
The Institute for College Access & Success

Affordability is a key issue for many students and families when choosing which college to attend, and financial aid award letters are crucial tools for determining which colleges are within reach and how to cover their costs. It can be daunting to review award letters, which come in different formats and present information in myriad ways – some clear and helpful, and others confusing or misleading. These tips will help counselors and the students they work with avoid common mistakes when trying to understand and compare award letters.