Students often need to go into huge debt to be able to attend the college or university of their choice. They may receive tuition assistance from the government or from their college. The student needs to show why they need the money, what they plan to do with it and how it will be beneficial to their college career.
We all find ourselves in financial difficulty at some point in our lives. We then need to seek financial assistance. A request letter is the perfect way to ask for financial support and possibly reduce some stress.
The need for financial assistance can occur at any time.
Luckily, there are many organizations who can help. Unfortunately, not all organizations who purport to help people are honest. However, there are precautions you can take to make sure the organizations you are dealing with are trustworthy. Organizations that provide financial assistance should be reputable and have a track record of providing the service they are offering.
Be sure you verify the legitimacy of the organization before applying for assistance — this can help you avoid getting into further financial trouble.
4 things to include
Does your chapter of HTC recommend them? Do you know another family who has successfully received assistance from them? There may be eligibility requirements. Some requirements may include:.
The organization should have a privacy statement prominently shown on their website that explains how they use your information and how it is protected. This should also be provided within the documents you to obtain financial assistance. Some organizations will hire outside companies to process financial assistance applications. These companies should also offer privacy statements as well as guaranteed secure processing.
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Further, to prevent fraud, many organization will not pay the person requesting the assistance directly, but rather give payment to the vendor ie, landlord, electric company or provide the funds in a way that limits their use ie, gas cards. NEVER provide your bank so a nonprofit can deposit funds directly into your bank .
A kickback is when a company offers you a monetary incentive for using their product or service. This is illegal —for the company to offer, and for the person to accept. You should not be required to a contract or enroll in a program to receive assistance.
If you are offered money or goods in exchange for using a product or service, do not accept this offer and notify your local chapter or HTC immediately. There are many safe options for financial assistance. See below for a list of trustworthy sources that can help you in a time of need.
Protect your personal information. It is NOT acceptable to ask for: Social security Bank s Credit card s Verify their legitimacy Organizations that provide financial assistance should be reputable and have a track record of providing the service they are offering.
Standards are good. Some requirements may include: Proof of in-state residence Proof of treatment by in-state doctor or HTC Look for a privacy statement The organization should have a privacy statement prominently shown on their website that explains how they use your information and how it is protected.
You should not have to pay a fee or a contract No organization should ask you to cover a processing fee to receive aid. Assistance vs. Colburn Keenan Foundation :.