The financial aid process can be overwhelming before starting your first year of college, especially if you aren’t aware of how it works. After filling out the FAFSA and being accepted into a school, you will be presented with an award letter from your chosen school(s) with details around the different types of federal, state, and university-specific aid you are awarded. It will also outline your contribution expectations and will help you learn whether you will need additional funding to attend that school. The infographic below, provided by Citizens Bank, breaks down how to read and interpret this award letter so you can make the most informed decision possible when selecting a college to attend.
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