Alert April 17, 2012

CFPB Launches College Financial Aid Comparison Tool

The CFPB launched a new prototype Financial Aid Cost Comparison Tool. The new web tool enables consumers to compare the price of college by allowing consumers to input financial aid information received from colleges and any scholarships received, and also adjust for family contributions. The Financial Aid Cost Comparison Tool is part of the CFPB’s wider focus on the private student loan market.  Click here for the CFPB press release, here for the Cost Comparison Worksheet, and here for information on the tool.