How do I compare Bucknell financial aid packages with other colleges?

I’m trying to decide between Bucknell and a few other schools, and the aid letters all look different. Some mention grants, loans, and work-study in different ways, so it’s hard to tell which offer is actually better.

I want to understand the best way to compare Bucknell’s aid package with other colleges in a fair, accurate way.
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Compare Bucknell’s offer by calculating each school’s true net cost for one year, then separating free money from money you have to earn or repay. At Bucknell, the parts to focus on are Bucknell grant or scholarship aid, federal or state grants, loans, and work-study, all measured against Bucknell’s full cost of attendance.

Start with the school’s total cost of attendance, not just tuition. For Bucknell, that means tuition, housing, food, fees, books, personal expenses, and travel. Then subtract only grants and scholarships first. That gives you the amount your family would need to cover through savings, current income, payment plans, loans, or student earnings.

Next, list loans and work-study separately instead of treating them like discounts. A federal loan lowers the bill now, but you still repay it later. Work-study is not an upfront tuition reduction either; it is eligibility to earn wages through a campus job, and students do not automatically receive that amount unless they work the hours.

A clean comparison usually uses four lines for each college: total cost of attendance, total grants and scholarships, total loans, and work-study. Then calculate two numbers: net price after free aid, and immediate billed cost after free aid. If one school includes more travel or personal expenses in its budget, note that so you do not confuse estimated indirect costs with the amount billed by the college.
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