4 GOOD EXCUSES FOR A FINANCIAL AID APPEAL

When your student receives their college acceptance letter, there’s typically a financial aid award letter right alongside it.

Here’s what your student needs to know about good excuses for a financial aid appeal, as well as how to appeal a financial aid denial and what to do if an appeal is rejected.

1. A SIGNIFICANT CHANGE IN YOUR FINANCIAL SITUATION

Usually, this means showing that there’s been a substantial drop in the household’s income. However, that can manifest in several ways.

2. ANOTHER SCHOOL OFFERED MORE

In some cases, students can leverage the financial aid offers made by other schools to increase their awards at their top-choice colleges.

3. A RECENT AWARD, HIGHER TEST SCORE, OR OTHER SIGN OF INCREASED MERIT

Many colleges offer a combination of need-based and merit-based financial aid.

4. EVIDENCE OF AN ERROR

While colleges are usually careful about calculating financial aid packages, that doesn’t mean mistakes can’t happen.

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