MONEYWATCH
Financial aid awards: 4 things you need to know
March 09, 2012
March 09, 2012
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(MoneyWatch) This is the season for financial aid awards. Colleges and universities across the country are dispatching financial aid letters like these to families of high school seniors, as well as returning college students.
Unfortunately, many of these award letters are terribly confusing. It almost seems as if some letters are intentionally confusing because if parents can't decipher an aid award, they won't know if a school is stiffing them.
To prevent this from happening, here are four things to look for when reviewing a financial aid letter:
1. Check for grants and scholarships
This money doesn't have to be repaid, so
Unfortunately, many of these award letters are terribly confusing. It almost seems as if some letters are intentionally confusing because if parents can't decipher an aid award, they won't know if a school is stiffing them.
To prevent this from happening, here are four things to look for when reviewing a financial aid letter:
1. Check for grants and scholarships
This money doesn't have to be repaid, so
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