Everything in life seems to involve some sort of process. Whether you are looking to buy a house, planning a vacation, writing a report, or cooking dinner, anything that is worth doing will entail a requisite number of steps accompanied by varying measures of invested time.
While providing students a quality education is a top priority for colleges and universities, it’s important to remember that at the end of the day, colleges operate like corporations. And just as a corporation looks after its assets and investment shares, colleges also make decisions that will benefit their bottom line.
If you think choosing the best BBQ sauce for tonight’s dinner is difficult, consider the magnitude of stress associated with a decision process where you are presented with over 4,000 choices from which you must narrow your selection down to under ten.
In Parts one and two of this series, I discussed the types of gift aid and loan options that you will find on the “typical” financial aid award letter. I use the word “typical” loosely in this context mainly because there are no standardized formats that institutions have to abide by when designing their award letters.