<p>Okay, I know where to find the EFC, but how do you figure out how much each COLLEGE awards you?</p>
<p>It will come with your acceptance letter.</p>
<p>Every college financial aid department has their own policies and priorities. As a result, financial aid award packages can be highly variable from college to college.</p>
<p>Technically, if a college promises to meet 100% need, then they will award you their Cost of Attendance (which may or may not include books, fees, travel costs, etc) less your EFC. This package will in most cases included some types of loans and work-study.</p>
<p>Crystal clear, isn't it?</p>
<p>I understand that, but the colleges that I applied to (public universities, and I'm OOS) do not promise to meet 100% of my finanial need.</p>
<p>I already received acceptances to these colleges, and I was wondering if they will send a different letter/email/check online/etc to tell me how much financial aid I will receive.</p>
<p>All financial aid offers come from the schools and are determined by the school. Their aid offer is based on their COA (cost of attendance) which is unique to each school, your EFC, and their individual policies. Each school will send their own letter as the aid offer will be different at each school. Some schools may also post it online. You would have to check with each school. </p>
<p>We knew my daughter's from checking it online well before we ever got a letter. I don't think the even sent a letter her sophomore year but I think they did for her freshman year.</p>
<p>Often these financial aid offers arrive a few days/weeks after the acceptance is received. Check with that school's financial aid office for more information. It might even be on their website (i.e. the timing for mailing financial aid packages).</p>
<p>They mail them all at the same time? The school's deadline for FASFA is in March, unlike most schools who had the deadline of February 15th. So, I'm going to be waiting until they send out all the packages together, or do they send them out individually?</p>
<p>I know this is specifics, but I was just wondering in a general sense.</p>
<p>They send them individually. Each school has their own financial aid office that calculates the aid individually and mails it and/or posts it online it their own school website individually. They have nothing whatsoever to do with each other.</p>
<p>Thanks very much for the information :) It was so fast, too :P</p>