Patent ID: 7062462

Claim:
A method of providing a user with education financing information, comprising the acts of: maintaining an electronic site on a computer network to which the user may connect; receiving at the electronic site, financial award information concerning a potential student of an educational institution, the financial award information originating from an entity other than user, the financial award information including an award which may be used by the student to attend the educational institution, wherein the award comprises funds taken from at least one loan; sending data to the user over the network for presenting at least one electronic screen which contains the financial award information; sending data to the user over the network when requested for presenting at least one electronic screen which contains cost projection information, the cost projection information including loan repayment information for the at least one loan; and sending data to the user over the computer network for presenting at least one electronic screen which includes an input field operable to receive a command for transmission over the computer network indicating that the user wishes to at least one of accept, decline, and defer a decision on, the award.