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How do I calculate my award letter?
Identify the total cost of attendance for each college and university. Beware of costs that aren't listed on the award letter. Add together all the gift aid listed on the award letter. Subtract the total amount of gift aid from the total cost of attendance.
Where can I find my FAFSA award letter?
Final | Financial Aid Applications | Award Letters. After you submit your application for financial aid, you will receive a financial aid award letter from the college(s) to which you applied, typically in early to mid-April. This letter spells out the details of your financial aid package.
Where can I see my FAFSA award?
The best way to check your FAFSA application status is to log in to your FAFSA account online or by calling the Federal Student Aid Information Center's toll-free number: 1-800-433-3243. To check your FAFSA status, you'll need your name, Social Security Number, date of birth, and your FSA ID (Federal Student Aid ID).
How long does it take to get a financial aid award letter?
Applicants who submitted the FAFSA online should receive email about how to access the SAR in 3-5 days. If you did not include an email address on your FAFSA or you filed a paper FAFSA, you should receive your SAR by mail in 7-10 days. After you receive the SAR, your FAFSA may be selected for verification.
How do I get my FAFSA money?
Understand the Process. Know How Assets Are Counted. Pay Attention to Your Income. Complete the FAFSA and File Your Applications as Soon as Possible. Fill Out the FAFSA Correctly. Appeal the Award. Inform the College if Your Circumstances Change.
How do you read an award letter?
Identify the total cost of attendance for each college and university. Beware of costs that aren't listed on the award letter. Add together all the gift aid listed on the award letter. Subtract the total amount of gift aid from the total cost of attendance.
What is an award letter from college?
Award letters also known as Financial Aid Award Letters/Packages break down exactly how much your college education will cost you. It also includes various ways to help you finance that education through loans, grants and scholarships with the help of your state, the school, and the federal government.
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