Alert November 27, 2012

CFPB and Department of Education Announce College Adoption of Financial Aid Shopping Sheet

The CFPB and Department of Education announced that over 500 colleges and universities have committed to adopting the Financial Aid Shopping Sheet. The Shopping Sheet provides a standardized award letter allowing students to more easily compare financial aid packages and make more informed decisions on where to attend college. It is expected that the participating colleges and universities will begin using the Shopping Sheet for the 2013-2014 school year.