College Decision Time Is Around The Corner - Are You Ready To Appeal the Financial Aid Award?
Even it is the end of April, some students might still not make a
final college choice. One factor to push a decision over is the financial aid. If
this college would offer a little more, you think, I would definitely go there.
But is it possible to request more financial aid? Here are some tips to appeal
the financial aid.
It is preferable for the family to contact the financial aid
officer in person, if possible. If this is not possible, then writing an award
letter appeal may be necessary. When writing this appeal letter though, the
family should be specific.
The letter should always be addressed directly to the financial
aid officer that signed the award letter. The letter should clearly state the
reasons for the appeal, request a specific amount of money, and include any
specific documents regarding the appeal. The award letter appeal also has a
better chance of success if the student has a talent (academic, athletic,
musical, etc.) that the college can use to fill its enrollment needs. This
special talent should also be mentioned in the appeal letter to the financial
aid officer.
Once the letter and all supporting documentation is received, a
review is completed and a decision is made by the financial aid officer about
possible adjustments. The review of your appeal may take several weeks. If the
appeal is approved, the financial aid officer will send you a revised financial
aid award letter indicating the changes that have been made. If the appeal is
denied, a letter from the financial aid officer will be sent to you with an
explanation as to why the appeal was denied.
Tips to Appeal an Award Letter
- Determine how much the college
was short of your 100% of the financial need
- Determine the “true cost” at
each college and decide which award letter is best
- Determine if there are “special
circumstances”
- Use the admissions office,
coach, or other college officials to assist in the appeal.
- Appeal in person, if possible
- If an appeal in person is
impossible, make the appeal by letter
- Always send adequate documentation
of the special circumstances
- Never use the words “negotiate”
or “match” in the appeal letter
To learn how we can help
you, please call us at 408-247-9000 or Email us at info@bayspectrum.com