Case Western Reserve University loan

Colleges and Universities A-Z Case Western Reserve University
1

Hello, everyone! I’m an international student and I just got accepted to CWRU under ED 2. However, I have a problem with my financial aid package.

When I checked the financial aid package I received this morning, I saw that the loan increases each year from 3k to 7k because the tuition increases too. My need has been met, but I have to repay extra 20k to CWRU after graduation. This is a huge amount of money that my family can’t afford. One of my family’s member will undergo some medical treatments from this year, so our budget decreases.

I’m wondering if I have any chance to decrease the loan, or even decline the offer (though it’s ED).

Also, I wonder whether other college increases the loan or the grant if their tuition increases.

2

How did you see the tuition and loan increase? I only see for the next year.

3

Yes, you can decline. No college can force you to attend for any reason.

I made a thread ([link](http://talk.collegeconfidential.com/college-admissions/1914880-what-exactly-are-the-consequences-of-breaking-an-early-decision-agreement-p1.html)) last year asking about the consequences of breaking an ED agreement. From what I understand, you might have trouble getting into other colleges if it looks like you could have afforded the school and just backed out of ED because you didn’t want to go there anymore. If you’re being honest about not being able to afford it, you should be okay.

4

Also they may be assuming that you will get a job after graduation and you can make payments on that 20K.