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COMPARING FINANCIAL AID PACKAGES
You may have your own system, but here’s a simple template to help you organize the information as you compare your financial aid packages. Adapt it to your own situation, fill in the amounts, and compare your options.
Total Financial Need (from Student Aid Report, SAR) =
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School #1 | School #2 | School #3 |
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Cost of tuition, room, board, fees, personal expenses |
$ | $ | $ |
| Scholarships/Grants |
$ | $ | $ |
| Subsidized Stafford |
$ | $ | $ |
| Unsubsidized Stafford |
$ | $ | $ |
| Perkins |
$ | $ | $ |
| Other loans |
$ | $ | $ |
| Work-Study |
$ | $ | $ |
| Total aid offered |
$ | $ | $ |
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| Total amount you and family will pay
(subtract aid from total cost) |
$ | $ | $ |
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For more helpful tips and proven strategies from students and recent grads on applying for financial aid, understanding and comparing financial aid packages, maximizing your offer, managing your money at college, staying out of credit card debt, and much more, buy the Students Helping Students® guide titled GETTING THROUGH COLLEGE WITHOUT GOING BROKE, available at bookstores and online stores, such as Amazon.com.
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