Fact vs. Fiction Archive

Fiction:
Most schools are willing to negotiate financial aid awards.

Fact:
Because most colleges adhere to strict award guidelines, it’s very unlikely that a student who receives a favorable award letter from one college will be able to use it to negotiate an adjustment from another. A student may be able to get an adjustment if the family’s financial condition didn’t translate to the application—for example, if the family has faced unusually high medical expenses. Be sure to justify your request for a review by including detailed medical costs and payment documentation.




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