Comparing your financial aid offers can be difficult, since your awards may vary in the type of aid given. You may want to use the Compare your awards tool at the College Board website to get a side-by-side comparison of the quantity and quality of your aid awards.

The goal is not to figure out the best ‘deal’, but to figure out if your educational choice if affordable to you and your family. Also consider the type of financial aid. Financial aid in the form of grants and scholarships (which you do not have to pay back) is better than loans (money you have to pay back). The information needed to complete the worksheet is available with the financial aid offer you have received from the schools you are considering. You should do this calculation for each college.

Compare Your Awards

School 1 School 2 School 3
College Name

Cost of Attendance

Tuition and Fees
Room and Board
Lunch at School
Books and Supplies
Transportation
Personal Expenses
Total Cost of Attendance

Financial Aid

Pell Grant
TAP Grant
Grants and Scholarships
Loan1
Loan2
Total Financial Aid
Total Cost of Attendance
– Total Financial Aid
= Total Expenses