Discover Student Loans Introduces Easy Way to Help Families Understand and Compare Financial Aid Packages
11 Aprile 2017 - 5:37PM
Business Wire
Students and parents see side-by-side
comparisons of award letters to determine their share of college
costs
Discover Student Loans introduces a new Award Letter Comparison
tool that will help families compare financial aid packages side by
side. The free interactive tool will provide personalized results
so users can easily understand total cost of attendance, which
schools are offering the most financial aid and the costs a family
will be expected to cover.
“Discover Student Loans is committed to helping families
navigate the college financing process, and our Award Letter
Comparison tool simplifies a crucial step toward making a final
college choice,” said Mike Boush, president of Discover Student
Loans. “Award letters differ from school to school and don’t always
follow the same template. We're helping families easily compare
award letters so they can make informed decisions and determine
what works best to meet their education financing needs.”
In three easy steps, families can compare financial aid packages
from up to five schools using key information from each school’s
award letter. The tool provides a detailed breakdown of the amount
a family would need to pay for each school after factoring in
grants, scholarships, work-study and federal student loans. The
results are displayed in easy-to-read graphs to standardize award
letters in different formats and make comparison easier. The tool
is mobile friendly and results can be saved or printed for future
reference.
The comparison tool adds to a number of existing tools and
resources from Discover Student Loans that can help parents and
students manage costs associated with college and answer key
questions as families navigate the planning and paying for
college.
For more information on the Award Letter Comparison tool from
Discover Student Loans, please visit
www.discover.com/student-loans/award-letter-comparison-tool.html
For more information about Discover Student Loans, please visit
www.discover.com/student-loans.
About Discover
Discover Financial Services (NYSE: DFS) is a direct banking and
payment services company with one of the most recognized brands in
U.S. financial services. Since its inception in 1986, the company
has become one of the largest card issuers in the United States.
The company issues the Discover card, America's cash rewards
pioneer, and offers private student loans, personal loans, home
equity loans, checking and savings accounts and certificates of
deposit through its direct banking business. It operates the
Discover Network, with millions of merchant and cash access
locations; PULSE, one of the nation's leading ATM/debit networks;
and Diners Club International, a global payments network with
acceptance in more than 185 countries and territories. For more
information, visit www.discover.com/company.
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Discover Financial ServicesSusan J.
Villalobos224-405-5344susanvillalobos@discover.com@Discover_News
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