Financial Aid Award Letter Definition. An award letter provided via the web. A financial aid package is a collection of different types of financial aid from multiple sources.
Plus, there’s no standard format, so they can look different from one another. The award letter should also include: No two are the same.
An official document, issued by the financial aid office, describing a student’s full financial aid eligibility for the academic year.
It is intended to help you fill the gap between your ability to pay, your expected family contribution or efc, and college costs, or the cost of attendance or coa. A letter notifying a financial aid applicant of the types and amounts of aid being offered, responsibilities, and the terms and conditions of each award. After the office of student financial aid has received the fafsa results, you will receive an award letter outlining the financial aid for which you are eligible and explaining how to accept the aid. Log on to webadvisor and look under the “my documents” link to see if the financial aid office requires any additional forms.