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Financial Aid Offers Often Don't Share The Full Cost of College

Monday, December 5, 2022
Financial Aid Offers Often Don't Share The Full Cost of College

Financial Aid Offers Often Don't Share The Full Cost of College

Paying for college is one of the biggest financial decisions students and their families make. In FY 2022, the Department of Education provided $112 billion in federal student financial aid to more than 10 million students. But there are concerns about whether students are receiving from colleges all the information they need about college costs in these financial aid offers. We find out more from GAO's Melissa Emrey-Arras.