<p>Again, I do not claim to know much about this, but I would assume there should be some sort of validation that the student needs the financial aid. In other words, let us say according to the college aid criteria, the student has to bring in say $10,000 a year, with the remaining $45,000 a year coming from the college through grants, scholarships, etc. At that stage, I think that student cannot claim that “I want to be let out of ED as I was expecting a full ride even though I can afford the amount that the college wants me to pay”</p>
<p>In other words, my assumption is that if the college cannot meet the demonstrated financial need, then you may be able to get out of ED and not because you did not like the size of the aid package or it was less than what you were hoping for. Is that assumption correct? In other words, ED is not an opportunity for a candidate to game system but the candidate has an “out” in genuine circumstances. At least that is the way it should be.</p>