How to Break the Financial Aid Award Letter Code
Apr12

How to Break the Financial Aid Award Letter Code

To break the financial aid award letter code, Sallie Mae — the nation’s saving, planning, and paying for college company — recommends the following tips in the infographic below. See SallieMae.com/AwardLetters for more information about paying for college.

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Parent College Coach Tip #59: Don’t Be Fooled by the Award Letter
Apr03

Parent College Coach Tip #59: Don’t Be Fooled by the Award Letter

Don’t  be fooled by the financial aid award letter. Colleges use numerous tactics to make it appear that they are awarding aid but it’s not always so. Here are five ways that colleges might be trying to fool you. Colleges don’t back their admission offer up with money–if a college wants your student, they will back it up with a financial “reward”. No award indicates they are counting on your student declining their offer....

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