<p>I have already accepted Cal Poly’s offer of admission (Regular Decision) and was set on attending Cal Poly till now. I realize that it is a binding contract but I just received my financial aid summary from San Jose State today. If I choose to attend Cal Poly, I’ll need to loan out 8k a year (Family’s annual salary = 24k), whereas if I attend San Jose State, my yearly cost is completely covered. A 32,000 (possibly 40,000) loan would have a huge impact on my family. Would this be a valid reason for me to be able to cancel my SIR to Cal Poly? Thanks in advance</p>
<p>No problem. You aren’t bound to a college when you apply regular decision.</p>
<p>You can take out around 6K a year as a student loan, so the burden to repay would be yours, not your family. Your student loan would be repaid over 10 years, I believe, so the monthly payment isn’t astronomical. Get a good job after graduation and should be no problem. Earning another 2K a year, summer and term work shouldn’t be too hard. So, I see Cal Poly as doable.</p>
<p>The question comes down to; Is it worth it? IMHO, Cal Poly offers more potential for you than SJ State. Will you take advanatage of it? Only you can answer.</p>
<p>shot you a pm</p>
<p>@CalPolyBMED, if you want to cancel the SIR that you already sent, you should send an email to admission office.</p>
<p>question: was the sir the accept button and emergency contact info form on their site?</p>
<p>I applied early decision (which is binding, sort of) and was accepted and remember reading that a financial situation rendering you unable to pay or some other circumstance like yours is an excuse to cancel admission. That being said you were regular decision, so either way I wouldn’t worry.</p>