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An award letter is typically made up of the following sections:
Within two weeks of receiving an award letter, you should inform your school whether you are accepting or declining the awards. You don't need to accept everything offered, but if you decline anything, the school typically will not replace it with other types of aid. Occasionally, Work-Study and loans are negotiable, but grants and scholarships are not.
If your or your parents' financial circumstances have changed since the completion of the FAFSA, it's very important to inform the financial aid office.
You are encouraged to explore all scholarship, grant and federal borrowing options before applying for a private loan.
PNC does not provide accounting, tax or legal advice. Any calculators provided are intended for educational and estimation purposes only, and their accuracy is not guaranteed. The calculators, and any results displayed, do not constitute the advice of, or reflect actual products, services, rates and/or terms available from PNC Bank or its affiliates, and nothing contained in the calculators shall constitute an offer or solicitation of a product or service by PNC Bank or its affiliates.
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