Financial aid letters are provided by institution to gives information about the college's cost of attendance, grants, scholarships, work-study opportunities and loans which the student is eligible to receive.
- A typically Financial aid letters includes cost of details such as tuition fees, room, books, transportation, personal expenses etc.
- Usually, an institution will send an Aid letter to an applicant after 1-3 months after they receive the FAFSA information from the Federal Department of Education.
In conclusion, i will be able to determine which cost from two higher education institutions is affordable by comparing the figures stated on the letter provided by the institution.
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