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Decoding Financial Aid

Although receiving financial aid is a promising answer to many who would otherwise be unable to afford higher education, the prospect of decoding financial aid letters and terminology can be daunting. Here, you’ll find tips and tricks on how to interpret, decipher, and translate the often-complicated world of financial aid.

How to Fill Out the FAFSA

How to Fill Out the FAFSA

“The Free Application for Federal Student Aid (FAFSA) allows students to apply for more than $150 billion in grants, loans, and work-study funds. Check out this video for info about the FAFSA and the resources available to help fill out this important application.” – Federal Student Aid, a department of the Office of the U.S. Dept. of Education

Visit StudentAid.gov/fafsa for more

Resources That Can Help

 

 

 

 

These resources can help you untangle the complicated process of applying for financial aid.

decoding financial aid letters

This series by NPR uncovers the complexities of financial aid award letters and explains how to read and understand them.
NPR Special Series: Paying for College

federal student aid glossary

A handy resource for deciphering the acronyms and financial terms used in federal student aid programs.
Federal Student Aid Glossary

how to choose the right student loan for you

This comprehensive resource breaks down the process of choosing a student loan in 3 easy steps.
Student Loans: Choosing a Loan That’s Right For You