Award notifications have come under scrutiny for a lack of clarity and for causing students to misunderstand the financial aid packages they are being offered. To ensure students have access to clear information about the financial obligations of enrolling in postsecondary education, the NASFAA Board of Directors voted to support policies that would mandate certain elements and common terminology to be included in institutions’ award notifications.
Publication Date: 9/10/2018
Issue Brief: Financial Aid Offers
Packaging & Aid Notification: 2025-26
Improving Financial Aid Offers
Senators Call for Financial Aid Transparency From Institutions, Loan Servicers
Report: The Biggest Barriers to Higher Ed Enrollment Are Cost and Lack of Financial Aid
Report: FAFSA Rollout Disproportionately Affected Low-Income Black and Latino Students
"How Many Students Did We Lose?" Aid Offices Fear Enrollment Repercussions After Rocky FAFSA Rollout
Poll the Pros: 2024-25 Aid Offers
Poll the Pros: 2024-25 Aid Offers Results
Glossary of Terms for Financial Aid Offers
Aid Offer Comparison Worksheet
Aid Offer Comparison Worksheet
College Cost Reduction Act Coverage
ED Announces 2024-25 FAFSA Inflation Adjustments, But How and When Remains Unclear
Part 1 Deep Dive: Foxx’s College Cost Reduction Act Includes Financial Aid Offer Provisions
Hundreds of Colleges and Universities Commit to Student Cost Transparency
College Cost Transparency Initiative
GAO: Institutions Are Not Providing Clear and Standard Information in Financial Aid Offers
House Republicans Introduce Financial Aid Offer Legislation
Pandemic Still Impacts College Pricing and Student Aid, Annual Report Finds
Student Aid Offer Model: Dependent Student (with notes)
Student Aid Offer Model: Graduate Student (without notes)
NASFAA Survey: Students Are Learning Their Financial Aid Eligibility Sooner, Thanks to Early FAFSA
NASFAA Survey on Aid Offer Format and Timing
NASFAA Survey on Aid Offer Format and Timing
Lawsuit Alleges Over a Dozen U.S. Universities Illegally Collaborated to Limit Financial Aid
FSA Issues Guidance On How Financial Aid Offices Should Treat Name, Image, and Likeness Compensation
ED Reissues Recommendations for Institutional Aid Offers
Parent PLUS Loan Packaging Comes Under Scrutiny
Award Notification Software Provider Specifications & Contacts
Media Inquiries Spur Schools to Re-examine Aid Offers for Clarity
New Report Aims to Design Better Financial Aid Offer
2021 Will Test Us. Here's How Rethinking the Aid Offer Will Help Us Through
NASFAA Issue Brief: Financial Aid Offers
Ongoing Study Shows Targeted College Aid Boosts Student Enrollment and Reduces Debt
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