This award letter comparison tool helps you compare and contrast the financial aid packages from the colleges that have admitted you. In particular, it highlights differences in the cost of attending each school. Additional information should include a list of grades. Mar 30, 2017 heres one more financial aid request letter sample. The office of student financial aid and scholarships has prepared the enclosed estimate of financial aid eligibility for the 20112012 award year. If any of the information in the table above is incorrect, please contact the office of financial aid in writing or via the ask the counselor service. Your letter may include grants and scholarships from the federal government, your state government, or the college itself. Because your award meets 100% of your cost of attendance, the receipt of aid from outside sources will require an adjustment to your financial aid package. It is based on data provided on the 20112012 free application for federal student aid fafsa. Financial aid award packages student financial services. Fafsa july 1, 2020 june 30, 2021 federal student aid. An award letter is a letter sent to somebody about qualification for something heshe has applied.
Financial aid officers name job title school address city, street zip code mr. Jan 28, 2019 evaluating an award letter the first thing to do when you receive an award letter is to identify the major cost components at the school and the major components of the financial aid package. It can be an academicrelated award letter or, a jobrelated award letter. Finaid calculators advanced award letter comparison tool. Student contribution 1,500 total financial aid package. Some may include information such as the students financial aid eligibility. Example financial aid award letters three sample financial aid award letters that outline various types of grants, loans, and work study typically available to illinois students. The mission of imperial valley college is to foster excellence in education that challenges students of every background to develop their intellect, character, and abilities. Get a better understanding of how to read a financial aid award letter by viewing this sample financial aid award letter provided by mefa as a college planning. Heres one more financial aid request letter sample. While i appreciate the financial assistance that has been awarded to me, i am contacting you to request. I am reaching out with the hopes that i might be considered for additional financial support. Financial aid case studydecoding financial aid award. It is an essential method of professional contact with the person who is selected for the award.
For those who qualify for needbased aid, the financial aid package usually consists of a grantscholarship, a student loan, and student employment. It also provides an ataglance comparison of other characteristics that may affect the students choice of college. You use the fafsa form to apply for federal student aid, such as grants, workstudy, and loans. Example financial aid award letter fostering success michigan. Estimate your bill using the suny award letter financial aid. Here are some resources weve gathered to help you understand your financial aid award.
You can use your phone for a calculator and for looking up the future loan payment amounts. Of course, there are famous billionaires who dropped out of college, but. This sheet is being provided in an effort to give students and parents a tool to compare costs and financial aid information. The consumer financial protection bureau cfpb and the u.
Understanding your financial aid office of financial aid. This is an estimate of your financial aid eligibility. Sample financial aid appeal letter baton rouge youth. For these, the letter should give details of why the applicant requires financial aid. Your financial aid award offered grants, loans andor federal workstudy. Financial aid award letter abbreviations and terms you should know this student was not offered scholarships, so the only gift aid listed is grants. An undergraduate award offer is based on a full years costs for a fulltime student. Understanding your financial aid award letter from williams sample total family contribution. The use of the shopping sheet is voluntary for schools.
Dear student, your application for financial aid for the award year 20172018 has been processed and all possible awards. Please use this guide to understand your financial aid award letter. The cost of attendance will probably increase every year, and may be 20% to 25% higher by the senior year in college. To receive federal student loans, you must be enrolled at least halftime which generally means taking at least six. Award office of university financial aid sample university, 199 state street, 4th floor, city, ma 02009. We have asked his grandparents and uncles to help, but they to unfortunately are not able to help pay the tuition. Understanding your financial aid award letter from williams. Sample athletic financial aid agreement letter renewal. My family has some concerns regarding our ability to meet our financial obligations at insert college name here.
If i receive a federal grant or some other scholarship or financial aid including earnings from a job. How to read a financial aid award letter washington post. The cost figures should include tuition and fees, room and board, books and supplies, transportation and personal expenses. Some student financial aid sources have online applications, but some require an application be sent through the mail. Estimate your bill using the suny award letter financial aid office, moot hall 230, 0 elmwood ave.
From the isir, and sometimes, a secondary institutional application if required by the school, the financial aid officer fao will determine your eligibility for programs from the institution, federal government, or other sources of aid. Acceptance letters are rolling in and thousands of families are wrestling with the decision of where they can afford to send their kids. In order for an undergraduate student to graduate in four years, you must take 5 courses, or 15 credits, per semester. The award letter students who are awarded search for education and elevation through knowledge seek, federal workstudy fws, federal supplemental educational opportunity grant fseog, federal perkins loan fpl or aid for parttime study apts will receive an award letter from the financial aid office. Financial aid award letters provide information for just one year. Dear student, your application for financial aid for the award year 20192020 has been processed and all possible awards. Thank you for assisting with my application for financial aid for the insert year school year. Sample financial aid award letter massachusetts educational. Check the schools website or publications, or contact the schools financial aid office for more information on the terms and conditions of gift aid such as renewability in future years and self help aid. Award office of university financial aid sample university, 199. These are gift aid or free funds, which means that you dont have to repay them. You can read more about the different categories of financial aid here.
In order for these awards to help a student as much as possible, it is our policy to replace students need. Your award package is an estimate based on your projected enrollment status for the abovereferenced academic year and is subject to change due to variety of factors, some of which are detailed below. Example financial aid award letters financial aid award letter in. We have no idea what the total cost of attendance is just by looking at the award letter. When you fill out the free application for federal student aid fafsa you will receive a summary of your information, your student aid report sar. The isir contains the financial information that you reported on the fafsa. It is a single page that presents the most important information at a glance in a consistent, comparable format. The financial aid award letter provides cost and financial aid information for just one year. Webinar resources comparing financial aid award letters. Evaluating an award letter the first thing to do when you receive an award letter is to identify the major cost components at the school and the major components of the financial aid package. All students who apply for financial aid are given an aid package. Financial assistance is based on the free application for federal student aid fafsa and the cost of attendance coa at sauk valley community college.
Financial aid award letter pacific lutheran university. Below is a sample financial aid offer, which includes the following types and sources of aid. Understanding your financial aid award letter from. I was thrilled to get my acceptance letter a few weeks ago. This letter is emailed to each students zonemail email account after all required forms and documents required. The final page of the award notification is the financial aid shopping sheet. In order for these awards to help a student as much as possible, it is our policy to replace students need based loans and workstudy first. If you submitted a free application for federal student aid fafsa and were approved for financial aid, every school that accepted you will send you a financial aid offer. It is an essential method of professional contact with the. Powerpoint presentation get the pdf version of the slide show presented in the webinar.
You can also view detailed information on financial aid policies, including how and why your aid could be adjusted, minimum gpa requirements, and what happens to your aid if you withdraw. Terms of athletic grantinaid my financial aid will cover the following percent of a full grant. Sample financial aid award letter cssfinancial aid profile. A financial aid award letter will explain how much, and what types of financial aid your school has offered you. Notify financial aid services if this information is not correct on your award letter. Apr 01, 2015 how to read a financial aid award letter. None private alternative and state no no usually student with creditworthy parental. Aid offers usually only cover one academic year at a time, and amounts offered may change from year to year. Writing a simple financial aid request letter with sample. There is no standard format for financial aid award letters, making them difficult to interpret and to compare and contrast.
Understanding your financial aid award letter from williams sample application for financial assistance has been and financia academic year, including travel to and from grant book estimate loan your family contribution package combine to cover the full cost of attending williams. Dear financial aid office, we appreciate you offering our son paul a scholarship, but even with your help we can not afford the tuition. Getting a college education is becoming more and more expensive, but it is essential for people who want to have a toppaying career. So, use these sample financial aid letters as templates for your successful financial aid letter. How to read your financial aid award letter edvisors. Additional information should include a list of grades, extracurricular activities and any other. A good financial aid request letter can make or break a request for financial aid. Your school may present this to you as a financial aid offer, financial aid package, or financial aid letter. The number of credits you take, your residency status, and grade level are used to determine your aid eligibility and affect your offer. In addition, most states and colleges use information from the fafsa form to award nonfederal aid. Financial aid case studydecoding financial aid award letters. How to read and evaluate a financial aid award letter.