EdCost

How to Compare Financial Aid Award Letters 2026

Sources & Methodology
  • College Board, Trends in College Pricing
  • Federal Student Aid (StudentAid.gov)

All figures are estimates based on publicly available data. Use the linked calculators to model your own situation.

Related Calculators

Frequently Asked Questions

What is the best way to compare aid offers?

By net price - cost of attendance minus grants and scholarships - not by the size of the headline award.

Are loans free aid?

No. Loans must be repaid with interest and should be subtracted from the value of an offer, not counted as free money.

Can I appeal an aid offer?

Yes. Schools often reconsider offers if you share a stronger competing award or report changed financial circumstances.