Paying for College

Decoding Financial Aid Letters

Those of you who were honored with Early Decision or Early Action acceptances last month have already received (or will be receiving) your preliminary financial aid packages. These exciting and much anticipated documents usually take the form of a letter. Sounds simple, right? Not so fast there . . .

For the uninitiated, these letters can be not only confusing but also sometimes deceptive. If you have received your financial aid letter and are still wondering what all of it means to you and you bank account, there's good news for you. A very helpful public-affairs-related site, aptly named, is available to help.

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