Use one or more of the educational loan request letters below as a source of inspiration for creating an effective educational loan request letter.
#1 - Educational Loan Request Letter
2390 Heart Lane
Minerva Park, Ohio 43080
November 25, 2014
Huntington National Bank
7070 Worthington Galena Rd.
Westerville, Ohio 43081
Attn: Student Loans/Lending Department
Dear Lending Department,
I have been a customer of Huntington National Bank for 3 years and my family has done business with your bank for more than 30 years. I have decided to peruse my education at the Ohio State University. I want to have the full college experience and life on campus. The cost of an education from such an Ivy League school is expensive and I would like to look to you for financing. For my freshman year, I expect costs to be somewhere between $21,000-$25,000.
My parents are generously willing to co-sign for my loans. They have excellent credit ratings, as do I. While most people use the student loan companies, we decided to use a bank that could finance the loan and use the equity in my parent’s home as collateral. I completed the application for student loan assistance and have attached it for your review. Please take a minute and look through everything and make sure we have filled it out correctly.
I would like to speak to you further regarding this matter. I am available anytime on my cell phone at 614-288-0987. I would like to have this secured before the winter quarter begins, as I am slated to start at that time.
#2 - Educational Loan Request Letter
January 10, 2015
Paras Education Trust
78 Sierra Lane
Las Vegas, NV 89541
Dear Sir or Madam,
Enclosed is my application for student loans for my 2014-2015 college year. I am currently enrolled in Liberty University in the Psychology classes and want to stay on campus. My desire is to be a licensed counselor that can help children through all the tragedies and hardships that they must face in today’s world. As a career oriented person, I have wanted to be a school guidance counselor since I was a child. I have always been fascinated with the psyche and problems concerning the matters of the brain.
Without this loan, I will not be able to attend school. My parents make good livings, but they just have enough to pay for necessities. Carrying the financial burden for college just isn’t in the cards for them. I have a meager job at a fast food restaurant, but this won’t pay the costly prices of today’s education. I have attached bank statements and my last pay stub for verification of the need of this loan.
I know if your company takes a chance on me, I will do my best to ensure that everything is paid in a timely manor. It is my intent to not only take my college courses, but I want to excel in all my studies. If you have any questions, you can reach me at 614-879-5214.
By Andre Bradley