Hi everyone! I'm a high school junior planning on applying early decision to one of my top choice schools. I am a bit stressed, though, because I'll be needing some financial assistance to afford college. Can you get out of early decision for financial reasons if the aid package isn't enough? Or would I be trapped in a potentially tough financial situation? Thanks for your help!
Hi there! I completely understand your concern about the financial aspect of college. It's great that you're thinking about this early on.
Yes, you can back out of an early decision commitment if the financial aid provided doesn't meet your demonstrated financial need. In this scenario, most schools won't hold you to the commitment because they understand that financial constraints play a massive role in the decision-making process for many families.
I'd recommend that you reach out to the financial aid office of the school you're considering for early decision and discuss your situation with them. This will give you a better idea of what aid may look like for you. Additionally, be sure to utilize resources like CollegeVine, College Board's Net Price Calculator, and FAFSA to estimate your financial aid package.
Best of luck with your application process, and remember, there are always options available!
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