Financial Aid Negotiation for an ED Admit (and a word of advice!)

Paying for College
1

<p>I applied and received acceptance to a college through their early decision program so I'm essentially tied in with attending. I have already accepted and paid a deposit as well. I have not yet received a FA package but once I do, is it even worth it trying to negotiate? I had to withdraw my other applications due to the ED process so I have no basis for FA comparison. What do you guys think?</p>

<p>Please note:
Fortunately, the school I applied to for ED is a relatively affordable state school so I am not digging myself a hole here. My curiosity is based off of the hope to eliminate the need for additional loans to cover the remaining balance of my college expenses.
I'm sure others out there however may not be in the same position. For this reason, I just want to mention now that in the case that you are an ED applicant, hold off on withdrawing from your other school options until your school says you absolutely have to! Keep your options available to be sure that you are not financially stuck between enormous debt or not attending college.</p>

2

<p>I’m curious what state school has binding early decision.</p>

3

<p>You did not have to retract your other apps until you received your FA offer. You can decline an ED admission if you can’t afford it.</p>

4

<p>I think that you should plan now for a gap year, reconsider your options, and apply for fall of 2014. You do not have to accept the situation you are in as the “only” option.</p>