Your financial aid award letter may include an offer of grants, scholarships, work-study and student loans. Here’s how to understand your letter. WSJ Barron's MarketWatch IBD.

Justin Halverson with Great Waters Financial suggests breaking down a financial aid award letter -- by loans, scholarships and grants -- to fully grasp what's being offered to you.

If you received a financial aid offer that falls short of your needs, you're not alone. On average, first-year college students only have about 71% of their financial needs met by their initial ...

It was born out of the College Cost Transparency Initiative, a task force involving 10 higher education associations, to try to make financial aid letters more standard, clear and accurate.

FAFSA delays: Student financial award letters won't come in March. Normally, schools would be getting student financial data now, but it won't be to them until March, delaying student letters.

Grants are awarded after completion and submission of the Free Application for Federal Financial Aid (FAFSA) and based on a family’s financial situation. Grants are funded by state and federal sources ...

An award letter can be used to prove that you are eligible for benefits. “A Social Security award letter helps a person to better understand their entitlements and what steps they have to take ...