Cross posted from the We were proud to work with the Department of Education on this Know Before You Owe Project.
By Arne Duncan
I am pleased to announce that more than (.xls), enrolling more than 2.5 million undergraduate students (thirteen percent of all undergrads), have committed to adopting the during the 2013-2014 school year.
The adoption of the Financial Aid Shopping Sheet is a big win for students already attending these institutions and those who are considering enrolling. The Shopping Sheet provides a standardized award letter allowing students to easily compare financial aid packages and make informed decisions on where to attend college. Students and their families now have a clear, concise way to see the cost of a particular school.
The Obama administration introduced the Shopping Sheet in July, and to coincide with the release, I to college and university presidents asking them to adopt the Shopping Sheet as part of their financial aid awards starting in the 2013-14 school year.
I applaud the institutions that have agreed to adopt the Shopping Sheet, and hope more colleges and universities follow their example in offering students and families an easy-to-read award letter that delivers the bottom line on college costs.
Learn more about the Shopping Sheet , and, if you’re an institution interested in adopting the Shopping Sheet for your students, or have questions about adopting it, please contact [email protected].
Arne Duncan is Secretary of Education.