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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 financial aid 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).
What is a financial award letter?
A financial aid award letter will explain how much, and what types of financial aid your school has offered you. Your school may present this to you as a financial aid offer, financial aid package, or financial aid letter.
What information is listed in a financial aid award letter?
What's in a financial aid offer Financial aid offers usually contain this information: Cost of attendance (COA), an estimate of what you can expect to pay for one year of school. This includes tuition and fees, room and board, books and supplies, transportation, and even personal expenses.
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 long until I get my 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.
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