My mortgage lender says they need an acceptance letter, not an offer letter. I have no clue the difference, and google has not been helpful.An offer letter refers to the information package you receive regarding financial aid and what institutional aid you qualify for at the particular college. The offer must contain conditions or terms. An offer can be accepted or denied or there can be a counteroffer. Acceptance. In this case, probably wait for a few days, as you may not receive an instantaneous reply from the organization post your acceptance mail. Hey guys, I have been admitted into the Letters and Sciences at UMD instead of the CS Major I wanted. How and when will I know if I was accepted into the School of Business? What should my next move be? Answers to frequently asked questions about transfer application platform and components such as standardized test scores and recommendation letters. Also…