<p>Hey everybody, I'm gonna apply for ED2 to a college which will provide full-need financial aid package to all admitted students. But I'm afraid that loan in the package may be too much and my parents will not be able to afford it. In that case, can I break ED agreement? Should I keep applying for ED2?</p>
<p>Does anyone know, please? The deadline is 1 day away</p>
<p>It's better not to apply ED if you have doubts about a school's aid. You should be able to get a good read from calculators and by looking at what percentage of need the school meets and whether or not they cap loans.</p>
<p>If finances are an issue, do not apply ED period. Apply either EA or Regular Decision and then see what type of financial package the college offers.</p>