When it comes to financial aid, you should know that a college’s initial offer isn’t set in stone. You can appeal this offer if it doesn’t enable you to afford the school.
However, simply appealing an offer is no guarantee it will improve.
When a college evaluates an appeal, several different factors might come into play. These include your family’s financial situation, the aid offers you have received from other colleges, and your academic record.
The way you approach the appeal is also very important.
What differentiates a successful approach from an unsuccessful one? In a recent segment on "ABC World News with Diane Sawyer," financial aid expert Kal Chany, walked a family through a successful appeal. To see his approach, check out the segment below.
Want more advice from Kal? Check out this article on the ABC News site.
And, for the most detailed advice on how to navigate the financial aid process to your best advantage, check out Kal’s book, Paying for College Without Going Broke.