<p>“CC gave me a mix of grants, awards, work-study and loans; K gave me a merit scholarship.”</p>
<p>Run the two packages through this calculator and see if there is a difference. [FinAid</a> | Calculators | Award Letter Comparison Tool](<a href=“Your Guide for College Financial Aid - Finaid”>Award Letter Requirements - Finaid) Remember, work-study is money that you have to find a job for and then earn, and loans are money that you have to pay back. It is possible that one package is structured in a way that will be more favorable for you. Call and ask whether the packages will stay essentially the same for all four years, or if the portions that are work-study and loans will increase. Also, find out if you need to maintain a certain GPA to keep any merit scholarships.</p>