When Will My Financial Aid Letter Arrive?

Featured Stories

Filter By Categories

After you’ve submitted your Free Application for Federal Student Aid (FAFSA) and colleges have reviewed the information on it, you will receive a financial aid award letter from all the schools to which you’ve been admitted. Your financial aid award letter will detail how much financial aid you will receive and what it will consist of—that is, whether the money will come from grants, scholarships, work-study, or loans. (If this sounds confusing, check out Edmit’s article on reading and evaluating your financial aid award letter.)  It will also include information such as the school’s Cost of Attendance (COA) and your Expected Family Contribution (EFC).


Although there isn’t a set date on which colleges mail out their financial aid award letters to prospective students, most colleges send them out around the same time they send out their admission offer letters—March and April for Regular Decision applicants. “The timing can vary from college to college, however,” says the U.S. Department of Education, “depending on factors such as the date you submitted your FAFSA and the number of FAFSAs the college received.” Your financial aid award letter is based on the information provided by your FAFSA, so a delay in submitting your FAFSA might mean a delay in the arrival of your letter.


Note that the timeline for Early Decision applicants is different: Early Decision applicants, who apply early to their first-choice college and commit to attend the college if admitted, receive their offers of admission and financial aid award letters simultaneously, usually in mid-December. Keep in mind that applying Early Decision means that you won’t be able to compare award letters to see which school will give you the best deal.


For a more exact timeline, Edmit recommends that you consult your college’s website, which will have specific dates and deadlines pertaining to your application.

Sign up for updates

Popular Tags

Financial Aid and Scholarships* Cost of College* paying for college financial aid FAFSA grants and scholarships Student Loans* Saving for College* federal student loans college tuition 529 plan cost of attendance expected family contribution college financial planning financial aid award Salary and Career* private student loans taxes college savings plan room and board on-campus housing merit scholarships college expenses federal financial aid merit-based financial aid private universities public universities budgeting for college edmit hidden gems parent PLUS loan college applications college costs edmit team living expenses CSS profile education expenses financial need income application fees financial aid appeal off-campus housing career loan forgiveness affordable college college majors loan repayment student loan assistance work-study application fee waivers choosing a major degree programs edmit scholarship institutional aid SAT choosing a college in-state tuition net price prepaid tuition plans private scholarships repayment plans ACT budget college search college visits free tuition international students internships need-based financial aid need-blind colleges qualified higher education expenses retirement savings southern colleges standardized testing tuition discount tuition guarantee tuition payment plans 401k UGMA UTMA applying to college college ranking systems college spending credit score discretionary income education savings accounts fees full ride scholarship grants health insurance options investment ivy league schools liberal arts degree meal plans midwestern colleges need-aware colleges out-of-state tuition saving school-based scholarships state aid student loan debt western colleges 568 presidents group Inversant MEFA asset protection allowance best price campus life college advisor college credits college deposit college transfers concurrent enrollment cost by region cost by state crowdfunding dorms early decision educational expenses esports fee waivers financial literacy for-profit universities fraternities and sororities full tuition gap year graduate school home equity loan income share agreements line of credit lists medical expenses medical school military benefits new england colleges non-profit universities out-of-state students percent need met private college consultant small business state schools student bank accounts student organizations title IV schools travel expenses tuition decreases tuition increases tuition insurance tuition reciprocity undocumented students