Financial aid letter is written for getting some help in your academic pursuit. It is the best way in completing one's education, provided the person is truly interested in completing it and do not come from a well-to-do family. You can also apply for a financial aid if your family is not able to bear your tuition expense. The college may grant you the aid if you fit in their criteria. However, you must not expect that everything necessary for your education will be covered in the aid. If you feel the aid would not suffice for taking up the education, you can appeal to the financial aid counselor and explain him or her how the financial aid is less and why you need it more.
Steps to write financial aid letter:
Present your situation clearly. This part of the letter would be crucial in deciding whether your appeal would be considered or not. Show actual figures and number that can speak about your financial position. The college may have used your parent's income in deciding the initial assistance. Show them how the income gets disbursed in meeting other essentials of the family. Convince them that unless there is an increase in your parent's income, they cannot pay for your education.
Before the college suggest you to take an education loan, explain it from your side why fetching a loan is out of question. If there is any mortgage, or previous loan your parents are paying, include it.
Remember, whether to accept or deny your appeal will solely rest with the committee. However, you must not leave the hope and try to convince them by being humble and grateful to what they have done for you.