Receiving an admission decision is an exciting moment for any student. But the excitement doesn't end there. Soon after, you should receive your financial aid award letter, which will provide you with the types, amounts, and sources of financial aid you can receive during an academic year. Typically, you will receive your award letter shortly after receiving your admission decision, or a few days later.
This gives you time to compare your options and make the best possible decision. If you haven't received your concession letter yet, it's best to contact the university's financial aid office for more information. Most universities send offers of admission between the end of March and the beginning of April. Your financial aid letter should arrive soon after and will include the types, amounts, and sources of financial aid you can receive during an academic year (your “financial aid package”). Once you receive your award letter, you can use an award card comparison tool to view your bids from one block to another.
Unfortunately, there is no standard format for award letters, making them difficult to interpret, compare and contrast. This can be a challenge for students who are trying to make the best decision for their future.
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