Many of the country's high school seniors are learning their academic fates--and their parents' financial ones--as colleges send out acceptance letters. Most families have until May 1 to pick their school, and for the half of students who get some form of financial assistance, the aid package a school offers will play a big role in that choice.
The offer a student receives is determined by two factors: the school's financial-aid formula and how badly the school wants the student. So how do you sort out hard-to-compare offers? Is it possible to persuade a school to offer more? Where do you...
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