The Financial Aid Shopping Sheet

How does this work? The Virginia Community College System (VCCS) and NOVA Financial Aid have teamed up to roll out the Financial Aid Shopping Sheet for the 2013-2014 award year. The Financial Aid Shopping Sheet (PDF) is a consumer tool developed collaboratively by the Consumer Financial Protection Bureau and the Department of Education. The standardized form is designed to simplify the information that prospective students receive about college costs and their financial aid awards so they can easily compare award packages and costs to make informed decisions about where to attend school.

The Shopping Sheet pulls together essential information for the potential student. This includes the specific cost of attendance, a summary of awarded aid, and the FAFSA calculated Expected Family Contribution (EFC). Additionally, the Shopping Sheet includes loan repayment information, institutional loan default rates, and graduation rates. Putting this information in a standardized format will enable students and their families to make the most informed decision about college attendance.

To view your Shopping Sheet, log in to your My NOVA account >VCCS SIS: Student Information Center >Self Service >Student Center; scroll down to Finances >View Financial Aid >financial aid year (2014). Select NOVA Shopping Sheet.

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