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Financial Aid Situation Analysis

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Financial Aid Situation Analysis
Thanks for the financial aid offer of $9,170.00. I appreciate the offer and the faith Georgia Institute of Technology has placed in me by giving me this financial aid award because every dollar helps in bridging the college financing gap. I do realize that the award covers only 18.75% of the total cost ($48, 896.00) of attending Georgia Tech. After the Great Recession of 2008, my parents relocated to India which is why they are not able to support my college tuition expenses. Their software business revenue has dropped to 5% of the pre-recession levels. In addition, the currency exchange rate of USD = INR 65 is quite unfavorable when converting Indian Rupees to US Dollars. My parents lived, worked and paid taxes in US for 24 years, and created local jobs in their software company. My father lived and worked in the Dunwoody area in his early career. …show more content…
My EFC as estimated by FAFSA was 300 USD, so please review this detail and correct it. I have not requested a Federal Direct (Stafford) Student Loan as a first preference.
I really want to be a part of the Georgia Tech student body. So, I formally request you to reconsider the financial aid offer, increase the financial aid funding and waive the tuition fees. Without additional funding, my dream and aspiration of attending Georgia Tech will be shattered. While we have submitted all relevant documents, if you need any additional details, please do let me know.
Thanks again for taking the time to review my application and the submitted documents. I look forward to meeting you on Georgia Tech campus to thank you in
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