Accepted ED - Financial question

<p>I got a post card from them a few days back and it says that if I am admitted to ED then I will be bound to go if I am ABLE. So I know that I that NYU gives crappy Financial Aid, will I be able to opt out of admission if they dont give enough??</p>

<p>Sorry for any grammar mistakes - typing from an itouch....
thanks in advance!</p>

<p>Yes, if you can’t afford it you can back out of your ED agreement.</p>

<p>Yes, you may back out. However, I don’t think you’ll know about merit awards until after the enrollment deposit is due.</p>