News Release

Contact

New Financial Aid Shopping Sheet Helps Students Know Before They Owe

Statement of Rich Williams, U.S. PIRG Higher Education Advocate, on the release of the Department of Education model financial aid form:
For Immediate Release

“The good news today is that students have one tool to help keep skyrocketing student loan debt in check.  

“College students need to understand how much college costs and how much they will owe after graduation.  However, financial aid award letters often make it hard for students to answer these questions. 

“Creating a standard form will help colleges create award letters that allow students and families to better understand and compare ways to pay for college.  The form prioritizes the most affordable ways to pay for college which will help millions of student avoid more expensive and risky options like private student loans. 

“Colleges should include the new financial aid shopping sheet in their financial aid award packages to provide students and families a more clear and quick way to understand college costs.”

# # #

U.S. PIRG, the federation of state Public Interest Research Groups, is a non-profit, non-partisan public interest advocacy organization.

Follow us on Twitter and Facebook.

Join Our Call

Tell your representative to stand up for our democracy, and amplify the voices of small donors in our elections.

Support Us

Your donation supports U.S. PIRG’s work to stand up for consumers on the issues that matter, especially when powerful interests are blocking progress.

Consumer Alerts

Join our network and stay up to date on our campaigns, get important consumer updates and take action on critical issues.
Optional Member Code