Understanding Financial Aid Award Letters

So you—or your child—got accepted to college. Congratulations! But now the financial aid award letter arrives. What does it mean? How much aid are you really receiving? What if it’s not enough? Will you have to pay it all back? This discussion aims to clear up some of the many mysteries about financial aid letters. In this episode NACAC’s Mary Stegmeir welcomes three experienced and knowledgeable guests to break down what the financial aid letters say and how to apply that information in real life. Tristen Black, associate director of admissions at the University of Oklahoma, Ja’Niah Downing, associate director of admission at Purdue University, and Rachel Fishman from New America in Washington, D.C.

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