Financial aid horror stories-how bad can it be?

<p>akhila, no, there is no way for you to wait til April! It's pretty sad that you'd even consider doing that. Do you not remember signing the E.D. agreement which said that if you were accepted that you would attend? This is exactly the reason that people should seriously think through the decision to apply E.D. It's Early Decision for a reason, it's binding because the school tells you early whether or not you're accepted and then you don't need to worry about waiting til spring. </p>

<p>When accepted E.D., you are expected to withdraw any other apps immediately. A list is circulated among a large group of colleges of E.D. acceptees so not withdrawing apps means that you are taking a real risk. If NYU finds out, your acceptance is rescinded and if any other college finds out what you've done, they will not consider your application. </p>

<p>The F.A. estimates which you guys have received are estimates but it's rare that they will change much when the official FAFSA forms go through. It's also rare that NYU will increase the amount. It amazes me every year when so many people are surprised. NYU is famous for this and you really should have known that, going in.</p>

<p>OK, this is what I've been trying to tell my parents forever. For some reason my parents seem to think that there is no harm in not withdrawing my other applications. They keep telling me that I can pay the $300 deposit for NYU and then tell them I don't want to go, in april. They say they have talked to several people; one of my cousins never withdrew his applications and never got into trouble and said it was no big deal. So my parents are expecting me not to withdraw, but I think they are wrong. My parents are ALWAYS EXTREMELY confident that they are right! But they havent gone to college in the US...what do they know? First they told me to send in a bunch of extra recommendation letters to my school, then they told me to send in copies of all my awards and certificates - basically they dont know anything about the college process here and they dont listen to me when I tell them they are wrong! It's so annoying.</p>

<p>Is it possible at all for me to reject NYU's offer? Right now? If I never put the $300 deposit, I don't have to go right?</p>

<p>Thanks, matt, for your help</p>

<p>Akhila,</p>

<p>If you got into NYU ED, not withdrawing your other apps is HIGHLY unethical. Remember this is ED, not EA or SCEA. You signed a legally binding contract. Even if you don't withdraw your other apps, if other colleges were to find out you got into NYU ED, they would auto reject you, nevermind the fact that NYU would of course rescind their acceptance. I would urge you not to do this. You probably shouldn't even post stuff like as there may be admissions officers browsing this board (though I'm not sure how they'd connect you to your CC screen name unless Akhila is your last name or somthing). </p>

<p>I do think you can withdraw from NYU ED for financial reasons and apply to other schools, but then your spot at NYU is of course gone and there is no reapplying RD.</p>

<p>Ok, thank you.
Now, I just have to convince my parents to do the right thing.</p>

<p>akhila, as ABirch says, it's unethical. You need to make your parents understand this. You, they, and your guidance counsellor signed a BINDING agreement. If you didn't want to abide by the rules, then you had no business applying E.D. Tell your parents this. Whether or not your cousins did this or not is hardly the point. If they're unethical, does that mean you have to be, too? So they didn't get caught, people do things unethical and illegal all the time and may not get caught but does that make it right? No. </p>

<p>You're messing with your college education here. Are you willing to take the risk of not having ANY college to go to? How are you planning on getting the other apps completed and recs from your teachers or guidance counselor? Surely THEY know you applied E.D. Your guidance counselor will be impacted by this, too and it may influence future applicants from your high school. If you speak to NYU and let them know you can't afford it, they won't be happy but at least you'll be honest and they'll probably release you from E.D. but you will not be able to apply Regular Decision, and they will certainly be in touch with your school. Do the right thing.</p>

<p>Ok guys, don't worry, I'll withdraw my other apps. :D I was just wondering if there is any possibility, or any other option. Thanks for your advice!</p>

<p>when do you find out if you received any merit aid or scholarship? I received my acceptance yesterday, but don't know if I received any money. I didn't apply for Financial aid. I don't think my family qualifies.</p>