What is a Title IV letter?
Title IV is a term that refers to federal financial aid funds. Federal regulations state that any federal funds disbursed to a student’s account in excess of allowable charges must be delivered to the student (or parent in case of an undergraduate PLUS loan.)
How do I write a special circumstances letter for financial aid?
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 appeal financial aid denial?
To appeal for more financial aid for college, follow these steps:
- 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.
What does financial aid suspension mean?
Financial Aid Suspension is a status assigned if you fail to meet the minimum SAP policy requirements. Your financial aid will be terminated or suspended until you meet the minimum satisfactory academic progress standards or win an appeal.
Which is an example of a special circumstances?
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.
How do I write an appeal letter?
Follow these steps to write an effective appeal letter.
- Step 1: Use a Professional Tone.
- Step 2: Explain the Situation or Event.
- Step 3: Demonstrate Why It’s Wrong or Unjust.
- Step 4: Request a Specific Action.
- Step 5: Proofread the Letter Carefully.
- Step 6: Get a Second Opinion.
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.
Can you get FAFSA back after suspension?
You can also regain your financial aid after suspension if you address the SAP problems, like your GPA or completed number of courses toward your degree. As a student, you are responsible for: Filing your own FAFSA or making sure your parents file your FAFSA.