Business, Legal & Accounting Glossary
An award letter is the documentation sent from a college or university to the student that details for how much financial support the student is eligible.
A means of notifying successful financial aid applicants of the assistance being offered. The award letter usually provides information on the types and amounts of aid offered, as well as specific program information, student responsibilities, and the conditions which govern the award. Generally provides students with the opportunity to accept or decline the aid offered. (See Financial Aid Notification)
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This glossary post was last updated: 4th April, 2020