A must read article for all of you concerned with college costs.  As acceptances roll in this week, you need to know to look at a financial aid package and do the math.  This article in today’s Wall Street Journal is an excellent primer for the task.

This article walks you through how to do the math and come up with the actual numbers.  Additionally, families should know that financial-aid packages aren’t set in stone.  You can go back to a college and ask for your request to be reviewed.

What if you still don’t get enough aid to attend school?  You can still apply to other schools. Some schools—typically private liberal-arts colleges and large public universities—accept applications for the fall after the letters for general admission have gone out.