Sample Application Letter for Education Loan

Renee Cheswick
2390 Heart Lane
Minerva Park, Ohio 43080

November 25, 2015

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.

Sincerely,

Renee Cheswick

Sample educational loan letter

January 10, 2016

Paras Education Trust
78 Sierra Lane
Las Vegas, NV 89541

Dear Sir or Madam,

Enclosed is my application for student loans for my 2015-2016 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 555-123-5214.

Sincerely,

Lisa Tuttle

Educational loan letter

To,
THE MANAGER,
ABC bank,
City.

Respected Sir,

SUB : Request for sanctioning Educational Loan.

I had availed loan for my engineering course for the past two years(2008 and 2009) in your bank(AC NO:-LO12345).

Currently, I am doing my third year. I am having 4 arrears during the first two years. I have written those four arrears along with my fourth semester examination. I am convinced that I will clear all my arrears in the examination. I wrote during the month of April 2010.

Do kindly grant me loan for my further education. Herewith, I enclose the duplicate copies of my first,second,third semester mark sheet along with my bonafide certificate.

Enclosure :
1.Mark sheet of previous semesters.
2.Bonafide certificate.
3.College letter.

Yours faithfully
(your name)

Educational loan letter

To,
THE MANAGER,
ABC bank,
Delhi.

Respected Sir,

SUB: Request for sanctioning Educational Loan.

I had availed loan for my engineering course for the past two years (2008 and 2009) in your bank (AC NO:-LO12345).

Currently, I am doing my third year. I am having 4 arrears during the first two years. I have written those four arrears along with my fourth semester examination. I am convinced that I will clear all my arrears in the examination. I wrote during the month of April 2010.

Do kindly grant me loan for my further education. Herewith, I enclose the duplicate copies of my first, second, third semester mark sheet along with my bonafide certificate.

Enclosure :
1. Mark sheet of previous semesters.
2. Bonafide certificate.
3. College letter.

Yours faithfully
(your name)

With the help of this sample letter you can draft your own. I hope this will help you.

Bank loan letter for business

Dear sir,

Sub : Request for a loan - reg.

Recently, I have undergone a training in making moulds conducted by Small Scale Industrial Training Institute, Chennai. As I am a diploma holder in Mechanical Engineering and have undergone a special training in making dies and moulds from CIPET, Chennai, I am interested in establishing my own industry.

I have enclosed a detailed proposal. However, in brief I would like to say that this is a project of Rs.1 lakh. I have got a shed of my own and a cash for Rs. 50,0000/-. I have to buy machines for moulding and casting. The estimated of those machines is also attached. 

With this, I have enclosed all the documents pertaining to this scheme. I request you to sanction the amount needed for buying machines and installing them.

An early approval would help me

Yours faithfully
xxxxxx
dd/mm/year

Encl:

1. A blue print of the shed.

2. The purchase deed.

3. Quotations of machine.

4. A copy of the detailed proposal with estimated budget.