Oct 12, 2022 By Susan Kelly
Financial aid specialists agree that appeals are rarely successful. However, students who take the time to construct an appeal letter carefully have a much better chance of receiving additional financial aid to cover their educational expenses.
In some cases, students who get an award letter from a college may have a period in which they can appeal the aid package they were offered. There are scenarios in which an appeal letter requesting additional financial aid could decrease the total amount the student receives.
He argues, "Families should not assume that the financial aid award letter is final and cannot be challenged." "The first red flag is if the financial aid offered is an unattainable evaluation of your ability to pay. The financial aid office may have overlooked some detail while determining your total help amount."
It is recommended that parents write an appeal letter on behalf of their dependent student if they are dissatisfied with the financial aid package that has been extended.
A significant shift in a family's ability to pay for college must often be demonstrated to financial aid authorities by giving proof or new information. If your family has decided that appealing your financial aid decision is the best option, consider the following advice.
It is recommended to contact the financial aid office beforehand. To be more precise, give concrete instances. Amass necessary paperwork. Keep it brief and polite, and try to avoid lying. Send in your appeal for financial aid in the proper format. It would help if you contacted the government's aid department first.
What happens if you want to appeal? Your decision varies from school to school. While some schools only demand a letter of appeal, others also want students to fill out a form. This is why it is strongly advised that before a student takes any action toward an appeal, they contact the financial aid office at their intended institution of higher learning.
Situations involving needing and receiving aid in the form of money are never alike. Kantrowitz warns that even if two families experience the same set of circumstances that make it difficult to afford college, they shouldn't assume that their appeal will have the same result. Colleges and financial aid offices have a lot of leeways to decide how to respond to appeals.
According to Megan Coval, the National Association of Student Financial Aid Administrators' vice president of policy and federal relations, "schools are permitted to apply what is called professional judgement."
"We enjoy the leeway given to schools, and we think the current system works effectively. There are a wide variety of circumstances in which students may file an appeal or request that professional judgement be applied, so making the process more uniform or rigorous runs the risk of making it too one-size-fits-all. So we think that's in the hands of the financial aid office and the student," she says.
Appeal outcomes might be influenced by how families present their financial information. Experts advise that in their appeal letters, parents detail the precise situations influencing their ability to pay for college, perhaps in a bulleted list. Financial aid directors will appreciate a concise, bulleted list that summarises the family's circumstances and makes it simple to provide further information if needed.
According to advisors, providing evidence of the appeal's circumstances is crucial. Students and their families might expect a response from the financial aid office asking for supporting paperwork if it was not included in the appeal letter.
According to Kantrowitz, third-party documentation is superior to that provided by families. A paid medical bill or pay stubs and W-2s demonstrating a decline in income would be appropriate examples of supporting documentation.
There is room for more letters, including those from family members. Still, letters from insurance agents or doctors familiar with the family's condition are more likely to be taken seriously. Hunt insists that "it's not just narrative." "Have it confirmed in writing for added credibility. They won't believe you until you prove that the situation has changed or that the information they were given is incorrect. Inchluding documents for scho;arship
Hunt suggests including documents of competing for scholarship offers with the appeal letter if the student feels they have been unfairly treated.