Appealing Your Award Letter
With this year’s FAFSA and financial aid delays, many students and families have found themselves scrambling to get the information they need to make decisions about paying for college. Once you’ve received your award letters from colleges, you may be wondering, “Can I ask for more money?” The answer is yes! While it is not a guarantee, you can submit a financial aid award appeal, especially if your family’s financial situation has changed, or if you feel a mistake has been made.
Who Can Submit a Financial Aid Appeal?
Appeals are most often successful when a significant change affecting the student’s financial situation, such as the death of a parent, serious illness, job or income loss, or divorce, has occurred. However, any student who has received an insufficient offer of financial aid is eligible to appeal. If you have received a more generous offer from another college, for example, you can appeal for more aid also.
When Can I Submit My Financial Aid Appeal?
Generally speaking, you can begin to prepare your appeal as soon as your financial aid offer letter arrives. A school may not have a specific deadline by which appeals must be submitted, but this is definitely a case in which the early bird gets the worm. Schools only have so many financial aid dollars to distribute each year; as such, the earliest-received appeals have a greater chance of approval.
In addition, students who experience a significant change in financial circumstances at any time – whether prior to the start of or during the school year – should not hesitate to appeal for additional financial aid when that happens.
What Do I Need to Appeal My Financial Aid Award?
The process by which parents and students may appeal financial aid offers differs for every school. In addition, the types of documentation required for an appeal vary based on the underlying reason(s) for the appeal.
Your first step in the process should be to investigate whether the college has a specific timeline or process you need to follow. Many schools, especially larger colleges and universities, publish information online regarding their appeals processes. You may also need to call the financial aid office directly. For your appeal to be successful, it is extremely important to comply with the school’s specific procedures for evaluating appeals, including providing all the necessary documents and information. Depending on the nature of your appeal, here is what you may be asked to provide:
- Documentation of a change in financial circumstances, perhaps related to death of a family member, serious illness, loss of a job or other income, or divorce or separation;
- Documentation demonstrating unmet financial need, perhaps in the form of a family budget;
- Documentation of academic progress or achievement, such as letters of recommendation, school transcripts, or coursework certificates; and/or
- Documentation of a more attractive financial aid package offered by another school.
How Do I Submit a Financial Aid Appeal?
After you have researched the school’s appeal process and gathered the documentation that you need, it is time to initiate the appeal process with the school directly. Some schools specify exactly how appeals should be submitted via email or other electronic process. Unless your school specifically instructs otherwise, we recommend calling the financial aid office to initiate the appeal process.
Below are a few effective tactics that you can utilize in effort to successfully obtain the financial assistance that you need:
- Clearly state your goals and the rationale for your appeal; have the necessary supporting documentation on hand to bolster your case. Speak assertively but non-confrontationally.
- Get creative: request non-tuition forms of financial aid and explore other potential ways to receive additional support. Can the college provide assistance in the form of increased work-study hours, additional grants or scholarships, or subsidized room and board?
- Treat the financial aid officer as a partner and potential advocate, rather than as an adversary. Make a concerted effort to really listen to and understand what the administrator has to say.
You are unlikely to receive a decision on your appeal during the first discussion – but make sure to ask the administrator about the next steps in the process. You’ll want to know exactly how and when to follow up with the financial aid officer.
How Do I Follow Up on a Financial Aid Appeal?
Of course, the most important steps to take at this stage are those specified by the financial aid officer with whom you spoke. Follow up in a timely manner after submitting your appeal with an email or phone call. It is important to adhere to the timeline and preferred communication method as specified by the school’s financial aid office.
What is the Likelihood of My Financial Aid Appeal Being Approved?
You may be questioning if appealing your financial aid award is even worth the trouble, or wondering how often financial aid appeals actually get approved. In general, the type of college will determine your likelihood of getting more aid. Ivy League and other very selective universities are unlikely to consider an appeal without significant changes to a student’s financial profile, whereas small private universities may have more wiggle room.
What Happens If My Appeal is Approved?
If your financial aid appeal is approved, then you will receive a new offer that includes more or additional forms of financial assistance. The choice is yours whether to accept the revised offer or not.
What Happens if My Financial Aid Appeal is Rejected?
If your financial aid appeal is rejected, you will need to consider other options to cover the costs, such as private student loans.
If you have questions about paying for college and how to find additional funding, reach out to our College Counselor to set up a one-on-one discussion.