The good news is in! Your child received his or her acceptance letter(s). Next, what you were waiting for - the college financial aid award letter. Lots of parents are surprised to see what the school offered and sometimes were expecting to contribute less to tuition costs than indicated on the financial aid award letter. If you fall under this category, and have had a significant change in income status due to the pandemic or other contributing factors, you don’t have to just accept the award as it. The award letter is just an offer. You can accept, decline, or appeal any part of the financial aid award.