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(GEN-13-05) Subject: Implementation of Financial Aid Shopping Sheet

Publication Date: January 30, 2013

DCL ID: GEN-13-05

Subject: Implementation of Financial Aid Shopping Sheet

Summary: This letter provides guidance on the implementation of the Financial Aid Shopping Sheet.

Dear Colleague:

On July 24, 2012, Secretary Arne Duncan posted an open letter to college presidents asking for the voluntary adoption of the Financial Aid Shopping Sheet. On July 25, the U.S. Department of Education (Department) published Dear Colleague Letter GEN-12-12, releasing the Shopping Sheet format and requesting institutional commitment to use this format. As of December 2012, nearly 600 institutions have committed to adopting the Shopping Sheet. The Department is continuing its work with institutions and software developers to provide guidance regarding the implementation of the Shopping Sheet.

This letter contains a set of frequently asked questions (FAQs) on the implementation of the Financial Aid Shopping Sheet for the 2013-2014 school year. The FAQs clarify the intent of the Shopping Sheet and how it can be used in an institution’s financial aid award process, identifies additional tools the Department will supply to aid implementation efforts, and explains the information available to the general public on the Department’s Web site.

We encourage you to review the FAQs. If you have additional questions regarding the Shopping Sheet, please send an e-mail to ShoppingSheet@ed.gov.

Additionally, more information on the Financial Aid Shopping Sheet is available at: http://www2.ed.gov/policy/highered/guid/aid-offer/index.html.

We thank you for your continued consideration in adopting the Shopping Sheet for the 2013-2014 school year.

Sincerely,

David A. Bergeron
Acting Assistant Secretary
for Postsecondary Education

Last Modified: 01/29/2013