What is a good reason to appeal financial aid?
1. You don’t always need a compelling reason to appeal. Conventional wisdom says that you must have an excellent reason to successfully appeal a disappointing financial aid award, such as a job loss, a death, a divorce, large medical bills or other special circumstances.
What should I write in my financial aid appeal?
Your financial aid award appeal letter should include the following:
- An address to a specific person.
- A clear “ask” and a specific “why.” Ask the office to reconsider, then offer a clear-cut reason why you need more aid money.
- Details of any special circumstances.
- Appropriate documentation.
- An exact amount.
How do I get my financial aid back after suspension?
In most cases, you need to repay the excess loan amount to regain your financial aid eligibility. You can pay it back all at once, or, if doing so would be a hardship, you can set up a repayment plan. Once you’ve repaid the amount, you will be able to get federal aid.
How do you ask for financial aid?
How to Appeal for More Financial Aid
- Call the college financial aid office to ask about the appeals process.
- Identify the special circumstances that affect your ability to pay for college.
- Write an appeal letter.
- Don’t ask for a specific amount of money.
- Be polite, as there is no appeal beyond the college financial aid administrator.
How do I ask for more financial aid for grad school?
The best time to ask if additional funding has become available is a few weeks before final exams. Go to the financial aid office and ask if any additional funds have become available. But don’t stop there; make it known that you are willing provide any information needed to be considered for these extra funds.
What is a special circumstance for financial aid?
Your special circumstance may be one of the following: You are unable to provide parental information. You are homeless or at risk of being homeless. You are seeking an unsubsidized loan only.
What qualifies as a special circumstance?
Below are examples of situations that are considered to be special circumstances: Loss or reduction of employment, wages, or unemployment compensation. Loss of untaxed income or benefits e.g. Social Security benefits or child support. Separation or divorce.
What are unusual family circumstances?
Examples of an “unusual” family circumstances: However, examples might include abusive family situations, severely dysfunctional families, or families who have broken up because of substance abuse. The parent’s unwillingness to assist a student, though, will not solely be used for a dependency override.
Can I get financial aid without my parents?
If you are not independent, do not qualify for a student dependency override, and cannot convince your parents to provide their information for the FAFSA®, you can file without it. It’s better to file a FAFSA® without your parents’ information than to skip the FAFSA® altogether.
What disqualifies you from a Pell Grant?
If a college student’s GPA drops below the minimum qualification of 2.0, she will lose her eligibility for federal grant funds, including her Pell Grant. Until she brings her GPA back up, she won’t be able to qualify for a federal grant. One caveat — if her GPA is just below 2.0, the grant is still cut off.