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Guide to Financial Aid Letters + Examples

StandOut College Prep

Congratulations on receiving your financial aid award letter! No matter where you are heading, your financial aid award letter is a crucial document that can make or break your decision to attend a particular college or university. So, let’s dive in and explore the different parts of your financial aid award letter!

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Higher Ed Experts Foresee Enrollment Decline Due to Botched FAFSA Rollout

BestColleges

Low-income students and those from minority backgrounds will likely be the most affected. Declines are even more pronounced for students coming from low-income or high-minority schools. High-minority school 32.2% -33.3% Low-minority school 38.6% -23.1% Decision Day is typically May 1 for most universities.

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Brown Reinstates SAT/ACT Requirement

BestColleges

The university's announcement also includes news on its Early Decision and legacy admissions policies, both of which they'll maintain, at least for now. This new policy will trigger an "increase in applicants from schools with which the admissions office is unfamiliar and who present transcripts that are more difficult to interpret."

ACT 98
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Republican Senator, Representative Introduce Bill to Enforce Ban on Affirmative Action

BestColleges

The new bill also seeks to shape financial aid and on-campus research programs to adhere to the Supreme Court ruling. Affirmative action policies have been in place in the United States since the '60s and have provided opportunities to women and minority groups in all aspects of life, including employment, housing, and education.

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Are the SAT and ACT Still Relevant for College Admissions?

Solomon Admissions

Financial Aid: Colleges use SAT and ACT scores to determine eligibility for scholarships and financial aid, which can make a significant difference in a student's ability to afford college. Test Optional: More colleges are adopting test-optional policies, which allow students to apply without submitting test scores.

ACT 87
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2023 Niche Spring Survey of Juniors

Niche

With the upcoming Supreme Court decision around using race in admissions looming this summer it’s important for colleges to proactively find ways to maintain their gains through incentives for low-income and first-generation students, among whom underrepresented minorities are overrepresented.

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Weekly Update: February 13

DC College Counseling

COLLEGES AND UNIVERSITIES RESPOND TO NEW TIMING OF FAFSA DATA Problems with the rollout of the new Free Application for Federal Student Aid (FAFSA) have been widely reported, and have created major problems not just for students and families, but also for colleges and universities around the country.