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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. 

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Can't decipher the award letter from your school's financial aid office? Here are some of the most commonly used abbreviations and what they stand for.

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Most high school counselors recommend that students apply to five to eight colleges. Unfortunately, those college application fees can add up.

But there’s good news: you can request application fee waivers if your financial situation meets certain criteria.

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As a former high school counselor, I can tell you how emotional springtime can be for parents of seniors. If that’s you, know that it’s not uncommon to experience pride, excitement, fear, panic, and utter confusion on a daily basis.

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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.

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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.

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