ED upenn..only 15k of financial aid?

Paying for College
1

<p>i did early decision to upenn and got accepted into LSM. they gave me 15k of financial aid which means..i have approximately another 35k to pay out of my own pocket. is it worth it??</p>

2

<p>What do you think? Since you applied ED, apparently you must have thought U Penn was worth whatever you'd have to pay.</p>

3

<p>^^im in a similar sit with my ED school but i have faith it will work out. Try negotiation...it works, believe me...it works..Call the finaid office directly and let them know what the situation is. They may asks for your parents W-2 forms for verification.</p>

4

<p>If you apply ED, the idea is that you will attend the school. Their finaid award is what they feel they need to give you to attend, not what YOU hope or think is the right amount. I have to say...your ED application does not give you much leverage as you are obligated to attend that school. What possible motivation would they have to negotiate with you? You will not have other finaid packages to present to them...or even other acceptances because you were required to withdraw ALL other college applications and acceptances upon receiving your ED acceptance. You certainly should apply for outside scholarships which might help you. Also, get a job NOW and start banking the money to offset some of your school costs. Summer employment will also help. Some students in your shoes even work more than one job so that they can earn more money. If you want U-Penn to happen, you can make it happen...but it will take some work.</p>

5

<p>the drawback of ed O.o</p>

6

<p>When you applied to Penn, you must have completed PROFILE only which would have a lot of estimated numbers. If your actual numbers come out lower, there will be room for discussion with the financial aid office. Also any developments that may have occured since the app was completed can be brought up. You certainly can APPEAL a decision, and if there are some hard numbers that support the appeal, you might get a revision, but otherwise, Penn has not been a school to negotiate its package with students and their families.</p>