Financial aid offers sent within a few weeks of acceptance

Q: Our high school senior has applied to 10 colleges. We’ve submitted our FAFSA and PROFILE forms already. When do we find out how much money the schools will offer us in financial aid?

A: With few exceptions, you should hear from every college regarding your student’s admission status – acceptance or denial – by the first or second week of March. Shortly thereafter (within a week or two) you’ll receive individual letters that will contain the financial aid awards from every school that offers your student admission.

There may be some schools that send an e-mail instead, so be sure to have your student monitor that as well. This assumes that your FAFSA and/or PROFILE forms were submitted on time and approved…Read the full article

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