{"id":19169,"date":"2017-04-25T15:23:31","date_gmt":"2017-04-25T19:23:31","guid":{"rendered":"https:\/\/www.tun.com\/blog\/?p=19169"},"modified":"2023-10-17T14:46:19","modified_gmt":"2023-10-17T18:46:19","slug":"financial-aid-appeal-letter","status":"publish","type":"post","link":"https:\/\/www.tun.com\/blog\/financial-aid-appeal-letter\/","title":{"rendered":"Financial Aid Appeal: How to Make Your Case and Get More Money"},"content":{"rendered":"<p>[alert-announce]*Financial Aid Appeal is not just for incoming freshmen; students of all grades can appeal their financial aid packages any time during their college years.*[\/alert-announce]<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span style=\"color: #333333;\"><b>Acceptance letters come with a price tag. <\/b><\/span><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">That\u2019s not a surprise.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">But what may come as a surprise to many students and families is that colleges are <em>more likely than you think<\/em> to say \u201cyes\u201d to your request for more aid. And that&nbsp;is exactly what a financial aid appeal is &#8212; a request for help.<\/span><\/p>\n\n\n\n<p><strong><span style=\"color: #003366;\">Before you appeal your financial aid package, though, here are&nbsp;three things to remember:<\/span><\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><span style=\"font-weight: 400;\">You are not entitled to more aid (or even the aid that\u2019s already given to you). Colleges don\u2019t <\/span><i><span style=\"font-weight: 400;\">have to<\/span><\/i><span style=\"font-weight: 400;\"> give you more aid; heck, they don\u2019t even have to accept you!<\/span><br><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">A financial aid appeal is not so much a negotiation as it is a \u201creconsideration\u201d on their part. <\/span><br><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">As obvious as it sounds, it is the responsibility of the student to initiate the appeal. <\/span><\/li>\n<\/ol>\n\n\n\n<p class=\"has-cyan-bluish-gray-background-color has-background\"><span style=\"font-weight: 400;\"><em><strong>Note to Parents:<\/strong> <\/em>While you can &#8212; and should, if possible &#8212; assist your child through this process, please do NOT write the letter for them &#8212; colleges will not look at this favorably!<\/span><\/p>\n\n\n\n<p><strong><span style=\"color: #003366;\">If you&#8217;re wondering why&nbsp;colleges would give you more money, here are two obvious answers:<\/span><\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><span style=\"font-weight: 400;\">They want you&nbsp;(which is why they&#8217;ve accepted you). And if they want you to attend their school,&nbsp;they would be willing to give you the means to do so. <\/span><br><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Colleges accept a certain number of applicants each year, and their job is not finished&nbsp;until the accepted students enroll in their institution; while they can always reach out to the waitlisted candidates, they will try their best to get the accepted students to enroll first.<\/span><\/li>\n<\/ol>\n\n\n\n<p><span style=\"font-weight: 400;\">So as long as your request is reasonable, colleges or universities will likely<\/span><i><span style=\"font-weight: 400;\">\u00a0<\/span><\/i><span style=\"font-weight: 400;\">consider your request for more aid!<\/span><\/p>\n\n\n\n<div style=\"height:27px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center\"><span style=\"color: #003366;\"><strong>Here is a Sample Financial Aid Appeal Letter:<\/strong><\/span><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"800\" height=\"1200\" src=\"https:\/\/www.tun.com\/blog\/wp-content\/uploads\/2017\/04\/Sample-Financial-Aid-Appeal-Letter.png\" alt=\"\" class=\"wp-image-19190\"\/><\/figure>\n<\/div>\n\n\n<h1 class=\"wp-block-heading\"><span style=\"font-weight: 400; color: #333333;\"><strong>So &#8230; how do you go about writing a financial appeal letter?<\/strong> <\/span><\/h1>\n\n\n\n<p class=\"has-cyan-bluish-gray-background-color has-background\"><strong>Firstly, for need-based aid (or the reconsideration of it), contact the Financial Aid Office.\ufeff<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\"><span style=\"color: #003366;\"><b>Here are the steps you should take to request more aid:<\/b><\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><b>1. Research the grants and scholarships available, as well as the guidelines for appeal processes. <\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">Go to the financial aid section of your school\u2019s website, or simply Google \u201c(School Name) Scholarships and Grants\u201d to find the page. Each school has different sets of scholarships and grants, programs and awards, and policies. Some scholarships\/grants are available to all students, and some have very specific and limiting criteria. The appeal processes also differ from school to school. Check to see if there are specific forms you need to fill out before contacting the&nbsp;school. It is <em>your<\/em> responsibility to learn about the different options and requirements, so do your part before asking for help! And remember, there are merit-based scholarships as well as need-based ones.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><b>2. Find the right contacts<\/b><span style=\"font-weight: 400;\">&nbsp;(see the department listing on the school\u2019s website).<\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span style=\"font-weight: 400;\">If you can, appeal <\/span><i><span style=\"font-weight: 400;\">in person <\/span><\/i><span style=\"font-weight: 400;\">(make sure to make an appointment first!). According to Steven Sirot and David Slater, cofounders of <\/span><a href=\"https:\/\/cbrg.info\/\"><span style=\"font-weight: 400;\">College Benefits Research Group<\/span><\/a><span style=\"font-weight: 400;\">, &#8220;The effort to meet in person shows interest on your part and can carry more weight than a letter. Remember, it&#8217;s more difficult to refuse someone in person than on paper.&#8221;<\/span><br><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">If you\u2019re writing by <\/span><i><span style=\"font-weight: 400;\">email<\/span><\/i><span style=\"font-weight: 400;\">, address a specific person (or people) who work in the office. Rather than sending multiple emails to different people, you should send one email to multiple recipients. That way, everyone in the office is informed about the case (or at least has a record of the request), and the most appropriate person can get back to you. Another good idea is to request a follow-up appointment with a financial aid offer, either in person or&nbsp;over the phone. <\/span><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><b>3. Provide all the necessary information <\/b>(<i>like your current status of award and any forms you filled out<\/i>)<b> and explain your financial situation\/circumstances. <\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400; color: #333333;\">[<span style=\"color: #ff0000;\">MUST SEE<\/span>: <a href=\"https:\/\/www.tun.com\/blog\/email-etiquettes-how-to-email-your-professors\/\" target=\"_blank\" rel=\"noopener noreferrer\">Email Etiquettes<\/a>]<\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Since you received your financial aid package, have you or your family experienced a <em>drastic life change<\/em> that has impacted your financial status (e.g., &nbsp;loss of a job, pay cut, disability\/injury\/death, unexpected high medical expenses, etc.)?&nbsp;<span style=\"font-weight: 400;\">If so, definitely highlight these. <\/span><br><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">If there was no major life change but you still feel that the financial aid award is inadequate, write a sincere letter that demonstrates your need for more aid and also your willingness (and humility) to ask for help. But first, assess&nbsp;the fairness of your&nbsp;financial aid package&nbsp;by comparing it to&nbsp;the historical financial awards of the college (<\/span><a href=\"https:\/\/bigfuture.collegeboard.org\/pay-for-college\/college-costs\/how-to-get-the-best-estimate-of-your-college-costs\"><span style=\"font-weight: 400;\">Percentage of Need Met<\/span><\/a><span style=\"font-weight: 400;\">).<\/span><br><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Also indicate the <\/span><i><span style=\"font-weight: 400;\">expected family contribution<\/span><\/i><span style=\"font-weight: 400;\">. How much can you and your family pay out of pocket, yearly? Be realistic but don\u2019t lie &#8212; if you know that you can pay about $5,000 a year, don\u2019t say that you can only pay $1,000. This isn\u2019t a pity party.<\/span><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><b>4. Prepare documentation of financial information.<\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">After reviewing your appeal letter, the financial aid office can exercise \u201c<\/span><a href=\"http:\/\/www.finaid.org\/educators\/pj\/principles.phtml\"><span style=\"font-weight: 400;\">professional judgment<\/span><\/a><span style=\"font-weight: 400;\">\u201d granted by Higher Education Act Section 479(a)[\u201cHEA\u201d] and decide to&nbsp;award you more financial assistance. You may need to provide evidence of your financial standing before a decision is made,&nbsp;so have these documents ready.<\/span><\/p>\n\n\n<p>[divider]<\/p>\n\n\n\n<p class=\"has-cyan-bluish-gray-background-color has-background\"><strong>Secondly, to increase your chance of receiving more aid, also contact the Admissions Office.\ufeff<\/strong><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Reaching out to the Financial Aid Office is only half the work; s<\/span>tudents should also reach out to the Admissions Office. The Admissions Office, as the name suggests, is concerned with admitting students who they believe will better their institution (like you!). They will want to help you as much possible.<\/p>\n\n\n\n<div style=\"height:27px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<p>[adthrive-in-post-video-player video-id=&#8221;nIciSgwr&#8221; upload-date=&#8221;2023-10-17T18:31:00.000Z&#8221; name=&#8221;How to Write a Financial Aid Appeal Letter&#8221; description=&#8221;TUN sits down with Megan Walter, a policy analyst with the National Association of Student Financial Aid Administrators (NASFAA), for tips on how students should write their financial aid appeal letter.&#8221; player-type=&#8221;static&#8221;]<\/p>\n\n\n\n<div style=\"height:34px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center\"><span style=\"color: #003366;\"><b>Here are the things you should include in your (separate) letter of appeal to the Admissions Office:<\/b><\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><b>1. Ask them if there are ways for you to get additional aid, or if they can increase the amount of your current merit aid(s).<\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">According to college aid experts, <\/span><a href=\"https:\/\/www.usnews.com\/education\/best-colleges\/paying-for-college\/articles\/2016-04-18\/5-strategies-for-appealing-a-college-financial-aid-package\"><span style=\"font-weight: 400;\">a typical increase in merit aid is between $1,000 and $5,000<\/span><\/a><span style=\"font-weight: 400;\">. The admissions officials may not be as informed about the financial aid processes, but they can give you information about additional scholarships or grants you may qualify for. Also, be sure to ask if the aid is renewable. You don\u2019t want to assume that you will receive the aid amount each year, when in reality it&nbsp;is a one-time award. This is especially important, as tuition will likely increase each year while the amount of aid will either stay the same or decrease. <\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><b>2. Mention a competing offer. <\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">Colleges are not an exception when it comes to<\/span><span style=\"font-weight: 400;\">&nbsp;\u201cmatching the price.\u201d Do you have a better offer from another college?<i>&nbsp;<\/i><\/span>Mention the amount the competing college is offering you (or simply indicate that it is more than what you\u2019re being offered at the target school), and make it clear that you would prefer to attend the target school if additional aid is given to you.&nbsp; An additional&nbsp;pro tip&nbsp;(that I\u2019ve used in my appeal letter to Fordham University which got me an additional $7,000) is to let the&nbsp;college know that&nbsp;if you don\u2019t get additional aid, you will have to choose another college.&nbsp;I don\u2019t remember the exact wording I used in my letter of appeal, but it was something like this: \u201cI\u2019d love to attend Fordham University, but without additional aid, I\u2019m going to have to choose X University, where I am offered $Y in scholarship.\u201d And it worked! I received an additional $7,000 in scholarship for all four years, which saved me&nbsp;$28,000!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><b>3. If you\u2019re not pressed for time, don\u2019t make the deposit until they get back to you.<\/b><\/h2>\n\n\n\n<p>Even if&nbsp;you\u2019re committed to the college, you shouldn\u2019t&nbsp;say so! Making the deposit before you receive&nbsp;a response to your&nbsp;financial appeal will only lower your chance of receiving more aid because the college will rightly assume that you will attend the college whether or not they&nbsp;give you&nbsp;the additional aid. Instead, let the college know, by NOT making the deposit, that your decision to enroll will depend on whether or not you get more aid.<\/p>\n\n\n\n<p class=\"has-cyan-bluish-gray-background-color has-background\"><strong>After you have done your part, wait patiently but act diligently.<\/strong><\/p>\n\n\n\n<p>Don\u2019t expect to hear back the day after you\u2019ve emailed the Financial Aid and Admissions Offices; give them a solid week or two&nbsp;to respond. If you\u2019re pressed for time, send a follow-up email or call the offices to request further assistance. Make sure to apply&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.tun.com\/blog\/email-etiquettes-how-to-email-your-professors\/\" target=\"_blank\">Email Etiquette Tip #7<\/a>&nbsp;when you follow up.<br><\/p>\n\n\n\n<p>Once they respond, it&#8217;s your turn to act again.<i> <\/i>Provide\u00a0whatever documents they require and follow all of their instructions diligently. Make sure to thank them for their assistance, and go get that money!<\/p>\n\n\n\n<p><\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p><strong>RELATED ARTICLES:<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.tun.com\/blog\/nitroscore-affordability-calculator-for-college-students-parents\/\" target=\"_blank\" rel=\"noopener noreferrer\">NitroScore: The Affordability Calculator Every College Students and Their Parents Need<\/a><\/p>\n\n\n\n<p><a title=\"Nitro FAFSA Guide: Free Tool for Students and Parents\" href=\"https:\/\/www.tun.com\/blog\/nitro-fafsa-guide-free-tool-for-students-and-parents\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Nitro FAFSA Guide: Free Tool for Students and Parents&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:833,&quot;3&quot;:{&quot;1&quot;:0},&quot;9&quot;:1,&quot;11&quot;:4,&quot;12&quot;:0}\">Nitro FAFSA Guide: Free Tool for Students and Parents<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Acceptance letters come with a price tag. That\u2019s not a surprise. But what may come as a surprise to many students and families is that colleges are more likely than you think to say \u201cyes\u201d to your request for more aid. And that&nbsp;is exactly what a financial aid appeal is &#8212; a request for help. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":19174,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[661,662,4,12,671,686,606,586,228],"tags":[],"class_list":["post-19169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ace-college","category-ace-high-school","category-student-discount","category-favorites","category-financial-aid-ace-college","category-financial-aid-ace-high-school","category-financial-aid","category-school-hacks","category-student-guide"],"aioseo_notices":[],"uagb_featured_image_src":{"full":["https:\/\/www.tun.com\/blog\/wp-content\/uploads\/2017\/04\/writing-letter.jpg",830,553,false],"thumbnail":["https:\/\/www.tun.com\/blog\/wp-content\/uploads\/2017\/04\/writing-letter-216x144.jpg",216,144,true],"medium":["https:\/\/www.tun.com\/blog\/wp-content\/uploads\/2017\/04\/writing-letter-300x200.jpg",300,200,true],"medium_large":["https:\/\/www.tun.com\/blog\/wp-content\/uploads\/2017\/04\/writing-letter.jpg",830,553,false],"large":["https:\/\/www.tun.com\/blog\/wp-content\/uploads\/2017\/04\/writing-letter.jpg",830,553,false],"1536x1536":["https:\/\/www.tun.com\/blog\/wp-content\/uploads\/2017\/04\/writing-letter.jpg",830,553,false],"2048x2048":["https:\/\/www.tun.com\/blog\/wp-content\/uploads\/2017\/04\/writing-letter.jpg",830,553,false]},"uagb_author_info":{"display_name":"Yoora Park","author_link":"https:\/\/www.tun.com\/blog\/author\/yoora\/"},"uagb_comment_info":0,"uagb_excerpt":"Acceptance letters come with a price tag. That\u2019s not a surprise. But what may come as a surprise to many students and families is that colleges are more likely than you think to say \u201cyes\u201d to your request for more aid. And that&nbsp;is exactly what a financial aid appeal is &#8212; a request for help.&hellip;","featured_media_src_url":"https:\/\/www.tun.com\/blog\/wp-content\/uploads\/2017\/04\/writing-letter.jpg","_links":{"self":[{"href":"https:\/\/www.tun.com\/blog\/wp-json\/wp\/v2\/posts\/19169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tun.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tun.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tun.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tun.com\/blog\/wp-json\/wp\/v2\/comments?post=19169"}],"version-history":[{"count":0,"href":"https:\/\/www.tun.com\/blog\/wp-json\/wp\/v2\/posts\/19169\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tun.com\/blog\/wp-json\/wp\/v2\/media\/19174"}],"wp:attachment":[{"href":"https:\/\/www.tun.com\/blog\/wp-json\/wp\/v2\/media?parent=19169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tun.com\/blog\/wp-json\/wp\/v2\/categories?post=19169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tun.com\/blog\/wp-json\/wp\/v2\/tags?post=19169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}