<p>Yesterday, I found out that I got a full academic scholarship to Loyola University New Orleans,which covers tuition, room and board. Since I am low-income, money means everything when it comes to making my decision. But I'm still waiting to hear back from eight other schools in April. A lot of people have been telling to just take the full-ride but I still want to see about other schools, just in case. And I think I still have till May 1st to accept it...right? </p>
<p>Any advice? I just don't want to move too fast without answering "what if?"</p>
<p>If you do not have to accept or reject Loyola’s offer until May 1, you have time to wait on the other results. A true full-ride is hard to beat, but you may have other offers that come reasonably close. When all the offers are on the table, run the numbers here [FinAid</a> | Calculators | Award Letter Comparison Tool](<a href=“Your Guide for College Financial Aid - Finaid”>Award Letter Requirements - Finaid) and then see what you think.</p>
<p>Congratulations on Loyola, and best wishes for the rest of your apps!</p>
<p>if you are not under the gun to make a decision right now, and Loyola is not your “dream school”, I vote that you wait for the other offers to come in.</p>
<p>In my humble opinion, based on the fact that you received a full-ride academic scholarship, one can assume with reasonable certainty that you possess above average deductive reasoning abilities at the very least. That being the case, what do you think you should do? Even an idiot like myself knows what to do in this case.</p>
<p>Is there any reason for you to commit right now? It sounds like you have every reason to wait; even though you got a great offer you might as well wait to make sure you don’t get a better one. Congrats on your full ride! :)</p>
<p>You owe it to yourself to examine your choices. Friends say things like they would just take it and be done, but you need to look at all of your options. Gook luck. I hope you get much more good news.</p>