How accurate is the estimated financial aid offer?

Got a financial aid award offer from my top school and I was wondering how accurate the packages are? It says the funds are an estimate–does this mean they aren’t guaranteeing the grants/scholarships that I was provided? Will the rate actually be lower/higher? Thanks :slight_smile:

The funds are an estimate based on the information you/your parents provided. If there are no adjustments or errors it should be fine. If there are adjustments you can call the school and talk through why they occurred.

@“Erin’s Dad”

Okay, thank you

Most schools have not set their tuition and fees for next year yet. Therefore, FA awards are estimates until actual costs are determined and announced.