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A financial aid appeal letter is a written request asking your school to increase the size of your aid package when it’s not enough to cover your costs of attendance.
The ISIR is also sent to state agencies that award need-based aid. Students can file an appeal with their college financial aid office in order to seek additional financial aid if their current financial situation is no longer the same as the financial information they provided on FAFSA (i.e. their parent recently lost their job).
Students can file an appeal with their college financial aid office to seek additional financial aid, though the information about the process is not always clear or available online. [ 13 ] [ 14 ] [ 15 ] SwiftStudent , a free service, provides template letters for college students.
Colleges or universities have the legal authority to lower the EFC if there are unusual circumstances, usually brought to the financial aid office's attention as the result of an appeal of a financial aid award. These circumstances include: [citation needed] Loss of employment; Loss of child support, alimony, etc. Separation or divorce
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Frank was an American technology company that helped students find free scholarship money through an online college financial planning platform. [1] Launched in 2016 by 24-year-old Charlie Javice, the software guided students through the online FAFSA (Free Application for Federal Student Aid) application, helping them complete more than 100 questions within a few minutes.
During the COVID-19 pandemic, the Seldin/Haring-Smith Foundation created a no-cost online service called SwiftStudent, to help students submit a financial aid appeal to their institution's aid office. [33] [34] [35] SwiftStudent was named a finalist in Fast Company's World Changing Ideas Awards. [36]
Federal Student Aid provides financial assistance to students enrolled in eligible programs at participating postsecondary schools (accredited four-year or two-year public or private educational institutions, career schools or trade schools) to cover the cost of education expenses, including tuition and fees, room and board, books and supplies ...