Hat tip to NGPF Fellow Charles Kafoglis for pointing to this resource at FinancialAidLetter.com (and thanks to my friend Kim Clark for producing it!). This site decodes financial aid award letters from six colleges and grades each one based on their level of transparency. Here is an example on how they decoded one of these letters:

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Note that while these letters date back to 2007 sadly, despite best efforts, these award letters are still often are confusing, full of jargon, and not standardized across colleges.

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This will be a good resource to share with your students before embarking on NGPF’s latest new product, The Fine Print, which includes several Award Letters for your students to analyze!