Seriously love Penn, but I’m a bit concerned about financial aid. IK Penn is relatively good in terms of providing aid, but I’m weighing the pros and cons of applying ED, so wanted to ask if anyone has been through the process of renegotiating aid or having to (sadly:( ) break their ED commitment after admission. What was your experience like?
You can appeal / renegotiate the FA if you can justify it. You can get out of ED contract if you think the FA is not enough. This also means that you give up the opportunity to attend Penn. In real terms, Penn is too good to give up easily. There is no guarantee that you can get in a school at the same level with Penn during RD round.