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Understanding Your Award Letter

Help with understanding your Award Letter

Welcome to Franklin University’s Understanding Your Award Letter page. We understand that navigating financial aid can be challenging so we offer the graphic and video below to provide assistance.

Applicants and students who apply for financial aid from Franklin University will receive an official award letter electronically via a myFranklin account at my.franklin.edu (for current students) or a myTools account at mytools.franklin.edu (for applicants). The award letter is issued to show the amount and what types of aid you may be eligible for within a particular term or academic year.

Your Award Letter

Watch the video below to get a guided explanation of the award letter. We recommend you have your award letter with you for reference while watching the video.

Sample Award Letter

Use the example letter as a resource to help you understand Franklin University’s award letter and to assist you with preparing for your next steps in accepting and receiving your financial aid awards.

Download Sample PDF >