<p>I was e-mailing the FA officer of a large OOS state college on a different matter, and in passing she mentioned that their college sends out financial aid packages to transfer students in summer. (Freshmen get FA info by the end of March.) </p>
<p>Is this typical?? Some of my other colleges will require an answer on whether I want to attend or not by the first day of May . . . I'm scratching my head over how I'm going to choose if I don't know the FA info of some of my schools by then.</p>
<p>All the transfers I know didn’t even know if they got into their new colleges until summer. If you don’t know your FA, then I don’t see how you could choose that school, unless you have the money to pay for all of it.</p>
<p>You could look at the acceptances you have in hand in April, decide which of them is your first choice, and then confirm with that college that you’ll attend (they’ll probably expect a deposit of a few hundred dollars). Then you can wait and see how the FA works out with the later schools. If you get a better deal, or a preferable option, at that point you can decline the school you deposited with and choose the preferable option. Yes, you will probably lose that original deposit, but if you look at it as insurance you may decide it’s worth the expense.</p>
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<p>Wow, I hope my other colleges send accept/reject letters before that! (I applied to seven, have one acceptance so far, waiting to hear from the other six. It will be a moot point if OOS State U doesn’t accept me, ha ha.)</p>
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<p>Wow, I didn’t realize you could decline after making the deposit! What you say makes a lot of sense. I might lose the deposit, but it would be worth it if a different university had a FA package that would save me thousands of dollars a year. </p>
<p>I think I can breathe again now. ;)</p>
<p>Every college each year has a small percentage of students who deposited that for one reason or another do not end up matriculating. It comes with the territory.</p>