What Is a Financial Aid Offer?
When you apply for financial aid to help cover the educational
expenses at the colleges you're considering, the financial aid
offices will let you know what you're eligible to receive.
The colleges will send you a financial aid offer that shows your
estimated eligibility for federal and state aid programs. Remember
to read your offers carefully and weigh all of your options.
*Note: Food and housing estimates are based
on a student living in a traditional dormitory with a roommate and
participating in a 20-meal-per-week plan. Many institutions offer a
wide variety of food and housing plans, and costs may differ from
those in the sample financial aid offer.
What is Cost of Attendance?
Cost of Attendance is the estimated total cost of attending a
college for one year. This amount includes tuition, fees, food and
housing, books, supplies and travel expenses. The amount of your
federal aid can't be greater than your total cost of
attendance.