How to Read Your Financial Package Letter
Written by The LCU Blogging Team on Tuesday, November 7th, 2017 in Financial Aid
FAFSA: check! College applications: check! Once you’ve submitted your FAFSA and college applications, the real fun begins.
Acceptance letters will start rolling in and are usually followed closely by a financial aid package. Remember, you will receive a financial aid package from each school where you are accepted, not directly from the “FAFSA people.” Each school prepares your financial aid package based on the results of your FAFSA.
Financial aid packages are a bit different from school to school. Here’s how to read and decipher the information you’ll receive.
Cost of Attendance
The first portion of your financial aid package will outline the Cost of Attendance or COA.