Committing Before Receiving Financial Aid Offer

If I were to commit before receiving my financial aid package, could they offer less knowing that I already committed?

Yes if they are not a meets need school.

Are you having to commit now but they never gave you aid #s. Call first thing Monday. They must have.

Unless you are going regardless you can’t make a decision without.

I made the mistake of hitting the commit button because I wanted to be able to move onto housing applications and next steps. The deadline to commit is not until June 1 so I regret that. My EFC is 0 and I’m relying heavily on financial aid so I’ll definitely have to withdraw if the award isn’t large enough.

Is it a meets need school? Do u have affordable options as u need one by tomorrow as back up ?

It’s a UC and I don’t believe it’s a meets need school. I do have affordable backups.

Make sure you don’t let the deadline for an affordable school pass. Then call UC right away. Are you in state ? Out of state won’t come close to meeting need. In state. Call first thing Monday.

Will do, thanks

UC’s do not meet need and you can back out if you find your financial aid package is insufficient however, you will lose your enrollment deposit. Have you gotten any FA packages from other UC’s since they should be similar?

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My financial aid for all of the UC schools is delayed due to an error. I don’t expect to hear back for 2+ weeks. @Gumbymom Do you think that commitment status effects the offer?

*affects

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I assume you are in state ?

If you have affordable schools you better accept one ? U could always pull out and go to a Jc $0 efc does not mean affordability.

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No, accepting the offer will not affect your FA package for the UC’s. If you ran the NPC for the school, it should be close.

Awesome. Thank you so much!

Yep, I’m in-state. I’m transferring from JC now. I am definitely making sure I have an alternate. Thank you for your help!

@Gumbymom

I know you can’t predict financial aid…but would an instate student with $0 EFC….would the Calgrant, Pell, Direct Loan…and what is it blue and gold maybe…cover the instate COA for a student.

@Tracinglines have you run the Net Price Calculator for the college you selected? Is that net cost OK?

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An EFC of $0 for an in-state transfer student will usually see around $26,000 in gift aid and around $10-11,000 in self help which includes Work study, Federal student loans and possibly any family or student savings contribution.

@thumper1 I feel like if I am able to get creative and find some form of affordable alternative housing, I will be comfortable with the amount on the NPC.

Inexpensive housing in CA is hard to come by.