How Financial Aid Letters Often Leave Students Confused and Misinformed

The financial aid award letters that colleges send to prospective students can be confusing: Many mix grants, scholarships and loans all under the heading of "Award," "Financial Assistance," or "Offered Financial Aid." Some schools also suggest loans in amounts that families can't afford. Full Story »

Posted by Pamela Hogle - via ProPublica
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Posted by: Posted by Pamela Hogle - Oct 16, 2012 - 12:48 PM PDT
Content Type: Article
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Edited by: Pamela Hogle - Oct 18, 2012 - 7:38 AM PDT

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Tarria Watley
4.2
by Tarria Watley - Feb. 2, 2013

I do feel that this is very good journalism. However, personally I disagree with the article. Being a first generation college student I feel as though things may be difficult to understand whereas others are not. When aid is awarded it names the loans and scholarships that are offered and in my case it clearly named the loans as loans and the grants as grants and the scholarships as scholarships. One should exactly which scholarship money they earned and many other funds are more than likely government issued. In other cases for people who are unsure, there are financial aid workshops around the community in churches schools and even some universities that can clarify ay misconceptions that a person may have. Students should be ... More »

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