Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

New Tool Helps Students Find Their Best College Deals by Deciphering Otherwise Confusing College Financial Aid Offers

Just in time for college acceptance season, College Raptor® launches a best-in-class solution to help families compare the true costs of different colleges.


News provided by

College Raptor

Jan 21, 2021, 07:00 ET

Share this article

Share toX

Share this article

Share toX


IOWA CITY, Iowa, Jan. 21, 2021 /PRNewswire-PRWeb/ -- So you or your child got accepted into multiple colleges? Great!

Except - as most quickly realize - the language in college financial aid offers is often complex and confusing. Each college structures its letters differently, which can make the process of comparing offers challenging.

Using artificial intelligence, Raptor ‘reads’ each offer letter, compares it with the student's financial circumstances, and provides an accurate report of net price and estimated debt at graduation.

Post this

College Raptor's new Offer Letter Comparison Tool sorts through the clutter. Simply upload the letters, and College Raptor does all the hard work: highlighting the grants and scholarships, actual net price, loans, and out-of-pocket costs.

"We founded College Raptor to create transparency around the true cost of college - a critically-important concern of students and parents," said Bill Staib, CEO and co-founder. "Our Offer Letter Comparison Tool enables each family to get an accurate comparison before finalizing their college decision."

A college discovery site that utilizes next-generation artificial intelligence, College Raptor already helps millions of parents and students discover great college options. Raptor® matches colleges to students' goals and clarifies each school's actual net price - which is often significantly different from the "sticker price."

Why is a Tool to Understand Offer Letters Important?

Understanding offer letters is essential because these documents detail the school's scholarships and grants and often give hints about the net price. Colleges vary in how they format their financial aid offer letters. It can be frustrating for families to try and decipher them all. That's where Raptor's new offer letter comparison tool comes in handy. The tool extracts vital information and displays it in a clear, easy to understand way.

Knowing each school's cost, the amount of scholarships and grants, and potential debt can greatly influence a student's choice. The offer letter comparison details which schools are affordable to a student and which may be too pricey.

What Sets Raptor's Tool Apart

"Raptor's Offer Letter Comparison tool is quick, convenient, and easy to use. Students can upload their offer letters from their phone, tablet, or desktop. They can even text their offer letter to us!" says Staib. "Using artificial intelligence, Raptor 'reads' each offer letter, compares it with the student's financial circumstances, and provides an accurate report of net price and estimated debt at graduation. Our system also suggests whether a student's projected debt load is reasonable for the amount of salary they are likely to earn upon graduation."

Students can focus on the results rather than waste time finding data and trying to compare definitions across offer letters on their own. They also maintain control of their personal information and can easily redact any sensitive data.

Perhaps best of all, the tool is free to use.

Check it out at https://www.collegeraptor.com/compare-college-offer-letters/.

What are school counselors saying?

On the importance of comparing offer letters, Carla Choate, Counselor of Beebe High School in Beebe, Arkansas, had this perspective: "I think understanding the college award letter is critical. So many of my students are first-generation college students, and hearing the word scholarship makes them think they have no cost to go. But, of course, that is hardly ever true, and when they realize that, it's often so far into the college decision-making process that it's too late. The more transparent a school can be in the amount of the scholarship, how and when it will be disbursed, and what they must do to meet renewal requirements, the better. The same goes for what the student's cost will be. I applaud College Raptor for making an easy-to-use solution to simplify and improve the college shopping experience."

Brett Karkosh, Counselor of Mount Vernon High School in Mount Vernon, Iowa, says, "College Raptor's Offer Letter Comparison tool is a great way for students to compare price tags for colleges when narrowing down their decision for college. Many students face financial barriers that prevent them from going to college or fear college debt. As with any financial decision, it's important to compare the cost and make sure students weigh out their options before making a final choice. Awards letters give students the financial data to help make this decision and compare scholarships, grants, and financial aid."

About College Raptor, Inc.

College Raptor® leverages artificial intelligence to empower students, parents, counselors, and colleges to make informed college planning and financing decisions. Raptor® is the only college search platform that enables students and families to discover quality, affordable college options based on personalized financial aid estimates, academic match, and campus fit at every four-year college in the country. As a result, students and their families find cost-effective, academically-appropriate college options that prepare them for their lives and careers. For more information about College Raptor, visit CollegeRaptor.com.

Media Contact

Grant Cooper, College Raptor, +1 (319) 849-7101, [email protected]

Twitter, Facebook

SOURCE College Raptor

Related Links

https://collegeraptor.com

Modal title

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.