November 23, 2020 Ahmad Raza

HOW TO THOUGHTFULLY APPEAL A FINANCIAL AID OFFER

HOW TO THOUGHTFULLY APPEAL A FINANCIAL AID OFFER
“While not guaranteed, it is sometimes possible to make a “Financial Aid Appeal” to a university and have your financial situation reexamined. Financial appeals should be made to the one school, if given the right financial aid package, you would definitely attend. Your appeal not only should ask the university for flexibility, but also show your flexibility regarding your family’s contribution.
How likely is it that colleges and universities consider an appeal? It usually depends on whether there are still funds remaining in their financial aid budget. This process will differ depending on the institution, so check the school’s website or contact the financial aid office about the process for appeal.
What is considered a reason for appeal?
Errors in original information
Recent change in employment or income
Change/increase in support of other family member(s)
Exceptional medical expense
What’s often not considered a reason for appeal?
Wanting more financial aid, not simply needing it
Using another institution’s financial aid offer to try and negotiate
Fluctuations in exchange rates
When you’re appealing your financial-aid package, you should be ready to show why the original package did not meet your family’s demonstrated need. This can be done by submitting supporting documents and explaining the situation in writing. To show your commitment to making this work, we recommend that you try to meet the school “half way.” “
~ Extract from A Step-By-Step Financial Aid Guide For International Students by Tiffany Knight and Emily Dobson
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