Question About ED?

<p>If I applied ED and financial aid and got accepted, and I am not satisfied with the financial aid package, am I still binded to that college or am I allowed to apply to other colleges during regular decision? </p>

<p>If I do not accpet the ED, then can I apply RD for the same school again? </p>

<p>Thx in advance.</p>

<p>1) Yes, unless you can prove that the financial aid package makes it impossible for you to attend (I don't want to graduate with $20k in debt is not a good enough reason, FYI) AND the college refuses to change your package.</p>

<p>2) No.</p>

<p>And as an international student would you qualify for fin aid anyway? Or as a Canadian are you not considered international?</p>

<p>At some schools, Canadians are not admitted as part of the international pool, however I don't think that you are treated as a US citizen when it comes to financial aid.</p>

<p>"To this end, Penn employs these policies for U.S., Canadian and Mexican citizens and permanent residents:
Need-Blind Admission
The Office of Admissions reviews admission applications without regard to whether the student is applying for financial aid.
Penn Meets Full Need
Penn meets 100% of a student's demonstrated financial need </p>

<p>Doesn't this mean that some universities like Penn meet full demonstrated financial need for Canadian students? (or do they not meet full needs in actual practice?)</p>

<p>Realize that schools guaranteeing to meet full financial need are the one ones determining what your need is and how it will be met. For instance, Penn may think that your parents can pay $30 k a year, and Penn may give you a financial aid package of $5,000 grant (scholarship) and $15,000 a year loan.</p>

<p>If your parents feel they can't pay $30 k a year or you don't want to take out a $15 k yearly loan, tough luck. Penn still would say it has met you financial need, and you wouldn't be able to back out of ED because of not liking your loan package.</p>

<p>This is yet another example of why -- if finances are a concern-- you shouldn't apply ED.</p>

<p>I agree with you Northstarmom but I'm a little concerned with the whole withdrawing apps thing. Why would they say that if you got accepted ED you should withdraw all applications to other colleges? I mean, what if you got accepeted, then found out you can't pay due to unreasonable FA and have to look forward to another college. But then you already withdrew all other applications to colleges, meaning your apps are disqualified from consideration.</p>

<p>Now you have no colleges to look forward to because you withdrew them</p>

<p>Like how does that work?</p>

<p>They say that you should withdraw all other applications because you've promised to go to the ED school if admitted.</p>

<p>"I mean, what if you got accepeted, then found out you can't pay due to unreasonable FA and have to look forward to another college. "</p>

<p>A good reason not to apply ED if finances are a concern.</p>

<p>hmmm.......convoluted but I get it. Thanks NM</p>

<p>Well, I'm sure of my ED school && finance
Mom && Dad will cover it</p>