Financial Aid Award Letters: DECODED (FAALD)
Learn “How To Decode, Understand, and Compare Colleges’ Financial Aid Award Letters.”
Are you trying to figure out what each college has awarded you in financial aid?
Are you trying to figure out if you received enough financial aid to help you pay for a particular college?
Are you worried that you have not received enough financial aid for college?
Are you trying to determine which college you should attend based on each college’s financial aid award letter?
Welcome to the Financial Aid Award Letters: DECODED Course!
We all know that your financial aid award letter is very important. But how important? No one tells you that the college you choose to attend based on the financial aid awarded to you is a very important financial decision for you and your parents to make. Rather than feeling anxious about having enough financial aid to pay for college, you should feel empowered through learning how to make a smart college choice based on the financial aid awarded to you from each college – after completing this course.
Many students fail to truly understand their financial aid award letters, and then they make a bad decision by choosing a college that they cannot afford to attend based on the financial aid awarded to them. Once they cannot pay their college’s tuition, fees, and books (not to mention room and board), their classes will be cancelled; and most of them will have to return back home or work and have their dreams deferred. You should avoid this scenario.
The Financial Aid Award Letters: DECODED Course (FAALD) will help you decode (understand) each college’s financial aid award letter, calculate each college’s out-of-pocket costs, estimate your student loan debt for each college, and help you make a smart college decision.
After completing this course, you will be able to decode each college’s financial aid award letter to determine:
- What have I been awarded in financial aid?
- Did I receive enough financial aid to help me pay for each semester or quarter?
- How much do I have to borrow in student loans?
- Can I really afford to attend this college?
WHAT WILL I LEARN?
- What is a financial aid award letter?
- How to decode and compare your financial aid award letters.
- How to calculate and compare each college’s out-of-pocket costs.
- How to estimate each college’s student loan debt.
- How to Appeal Your Financial Aid Package.
- Reviewing your Financial Aid Appeal’s Result.
- Why you should report outside awards.
- How financial aid is disbursed.
- How to avoid losing your financial aid.
- How to renew your financial aid each school year.
- Basic understanding about financial aid required. (Sign up for Free Financial Aid Workshop, if needed)
- A computer (PC or Mac), tablet or mobile device with Internet access is required.
- Internet access is required.
- Headphones or speakers are required to hear the audio.
- A PDF viewer and/or a printer to view and/or print out the supporting materials.
WHO IS THE TARGET AUDIENCE?
- This course is for high school students, parents, and anyone (i.e. Educators, Guidance Counselors) who wants to learn about decoding colleges’ financial aid award letters, regardless of their previous experiences.
- This course is for high school seniors that applied for college admission to various colleges, and who are waiting to receive a financial aid award letter from each college.
- It’s perfect for first-generation students with zero financial aid experience.
- It’s also great for anyone who does have some experience with understanding financial aid award letters, but not all.
- If you want to take ONE COURSE to learn everything you need to know about decoding, understanding, and comparing financial aid award letters, take this course.
Sign up for the Financial Aid Award Letters: DECODED Course to allow us to show you how to decode and understand what each college has and has not awarded you in financial aid.
- Lectures 10
- Quizzes 2
- Duration 1.3 hours
- Skill level Beginners, Parents
- Language English
- Students 417
- Certificate No
- Assessments Yes
Step 2: Personal Assessment Module
Step 7: Financial Aid Award Letters Module