In the Media
3 Ways College Financial Aid Letters Can Confuse Families — and What to Do About It
March 21, 2022
By Joanna Nesbit
"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."
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