<p>a school gave me amazing financial aid with only $1800 in loans. i don't know if i can depend on working this summer to cover some of the remaining EFC, and my mom can't pay the entire thing herself. can i reserve my spot in the school knowing i might want to change the amount in loans, or do i have to get it adjusted before? </p>
<p>With my son, he accepted them. Then when he found he earned enough to not need it, he cancelled it when he arrived on campus. If you reject the loans, you might not be able to get them back if need be.</p>
<p>I’m not trying to reject them, I’m potentially trying to get them increased</p>
<p>Yes you can accept the offer. You can increase the loan amount later, just notify the financial aid office. You can only borrow up to 5500 total your freshman year to cover your EFC.</p>
<p>Is the school claiming to have met your need with only $1800 in loans? Is it a subsidized loan? I believe the amount of subsidized loans could be limited by the school’s COA, max subsidized would be $3500.</p>
<p>@BrownParent good to know, but they wouldn’t decrease the grant money or anything would they?</p>
<p>@annoyingdad Yes, my need is supposed to be met with this. It’s a Perkins loan. </p>
<p>You’re not likely to get an increased amount in Perkins loans. Funds for those are limited at each school. If there weren’t any direct loans in the package what has been said about the limit for those should still be the case.</p>