Nitro Knowledge. Your Guide to Paying for College.
You may have thought your financial aid award letter would answer one burning question: how much does this school cost? But, as you may have noticed, many schools don’t include the cost of tuition in financial aid award letters.
On top of that, your financial aid allocations can be ... confusing. Can you imagine buying anything else in life without knowing the price, or what kind of discount you might be receiving? Probably not.
Did you get your financial aid award letter yet? Was it good news or bad news?
For some lucky families, the search for college funding ends here. However, you may find that — like many others all across the country — there's a gap between what you've been offered in aid and how much is going to be due on your final bill.
Are you concerned that your financial aid award doesn't reflect your current financial circumstances? If so, you're not alone.
When you apply for aid through the Free Application for Federal Student Aid, or FAFSA, the federal government is very specific about which tax returns parents and independent students should submit.