Advanced Award Letter Comparison Tool
This Award Letter Comparison Tool helps you compare and contrast the financial aid packages from the colleges that have admitted you. In particular, it highlights differences in the cost of attending each school. It also provides an at-a-glance comparison of other characteristics that may affect the student's choice of college.
Please use annual figures when completing this form.
Please supply as much information as possible. If you do not have some information, just leave the corresponding input field blank. You will find it helpful to have your award letters in front of you when you are completing this form. Not all of this information will be available on every award letter, as some colleges include unsubsidized Stafford Loans, PLUS loans and private education loans on the award letter, and some do not. This tool distinguishes between the different types of aid, whether included in the financial aid package or not, to make an apples-to-apples comparison possible.
Try to use figures that are as close as possible to your actual costs. For example, if one college has a figure for textbooks or travel that seems low, substitute a more accurate estimate. (Note that travel costs will vary from college to college depending on the distance from home to school.) Likewise, specify the cost of the specific housing and meal plan options you would choose at each college.
Figure for student health insurance should be included only if the student is not covered under an existing health insurance plan, such as a parent or spouse's health insurance plan.
The college characteristics are to some extent ad hoc, allowing you to assign your own meaning to the characteristics. Where a specific meaning is intended, clicking on the characteristic name will yield a popup window that provides an explanation of the possible values.
The Simple Award Letter Comparison Tool is similar, but compares only the financial aspects of the financial aid packages.
If you are comparing only two colleges, leave the third college name blank.
|Home | Loans | Scholarships | Savings | Military Aid | Other Types of Aid | Financial Aid Applications | FAFSA
Answering Your Questions | Calculators | Beyond Financial Aid | Site Map | About FinAid®
Fastweb College Scholarships
|Copyright © 2018 FinAid Page, LLC. All rights reserved.
Mark Kantrowitz, Founder