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In this video, the presenter discusses using a fee waiver cover letter template for submitting a fee waiver application to the Home Office. The cover letter serves to explain the reasons behind the application, highlighting that each case is unique based on individual circumstances. The presenter emphasizes the value of including a cover letter with any application, specifically in this context, to articulate reasons for seeking a fee waiver, such as financial hardship or specific personal situations, like having children or applying individually. The template aims to aid applicants in effectively communicating their situation to the Home Office.