Apply for Student Loan due to Financial Reason
[Here briefly describe on sample application letter format for student loan due to financial problems or related reason. You should show particular reason with formal manner. You can modify this format as your requirement.]
Date…
The manager,
Institute name…
Institute Address…
Sub: Application for Student Loan due to Financial Reason
Respected sir,
With due respect, I would like to tell you that I have got to know that you are providing study loans to students, sir I am applying for MBA (Degree name) but as you know it’s an expensive course and as I belong to a middle-class family, I cannot submit my semester fee, my fee is (Amount of money) per semester. My financial details are attached with this form which includes my utility bills, my rental agreement, job letter, ID card. (show your actual problem and situation).
Sir I request you to consider my request and provide me the study loan to support my studies. I shall be really thankful for this act of kindness, looking for a positive response from your end. Thanks,
From,
Name…
Contact no…
Address…
Another format,
Date…
The manager/CEO,
Institute name…
Institute Address…
Sub: Request for Student Loan
Respected Principal/Dean,
I want to say that I have secured my admission at the University of (Institute name) in (Subject and department name). I successfully completed my Bachelors in (Subject name) with majors in (Major area name). My passing percentage has been 80/90% in general. However, due to some nationality issue, I am unable to secure a scholarship for the masters at your university. (show your actual problem and situation).
Dear sir, as you know that the educational, as well as living expenses, are very huge in an amount at this university and also I belong to a third world country due to which I would not be able to bear expenses of this university all by myself. I have been a brilliant student throughout my student career and I am very eager to study at the University of (Institute name). Keeping in view my all the problems and hurdles, you are kindly requested to issue me a student loan so that I may continue my journey of knowledge.
I all full hope that you will allow the finance department to grant me a student loan in order to bear my educational expenses. I shall be thankful to you for this favor.
Yours sincerely,
Name…
Contact no…
Address…
