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You've got your big envelope! You've been accepted to your choice school - awesome!
Now comes the the next big step: figuring out your financial aid package. It's important to understand the responsibilities of accepting different types of financial aid such as grants, loans, work-study, and scholarships. However, those financial aid award letters can be downright confusing.
Need a little help figuring out what exactly your letter says? Verified Advisor and financial aid consultant, Justin Munio, gives some insight on what your financial aid award is. Read more...Photo: Christopher S. Penn