How do I compare financial aid packages from different schools?
When comparing financial aid packages, look at the cost of attendance and how much you will need to borrow in loans for the year. Multiply that amount by 4 (number of years needed to graduate). This is the approximate total loan debt for your education at that institution. Use this number for comparison purposes; but keep in mind, your financial aid package is not the only thing that you should use to determine which school to attend. You should also consider overall quality of the school, the degree program you are interested in, housing, extra-curricular activities etc.
