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Effect of accepting admission offer on financial aid

wahoo8895wahoo8895 0 replies2 threads New Member
My son is eager to accept his admissions offer to his first choice school. However, we are currently appealing the financial aid offer. If we go ahead and put down the deposit and accept the offer, will this have a negative effect on our financial aid appeal?
4 replies
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Replies to: Effect of accepting admission offer on financial aid

  • coolguy40coolguy40 2881 replies8 threads Senior Member
    Never commit to anything you can't afford. It never ends well.
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  • SarripSarrip 702 replies25 threads Member
    Just say that you win the appeal and more aid is granted for freshman year. My fear in these situations is what will sophomore years aid look like. Suppose you don't win an appeal next year. I have to say that DD20 did get some offers that really made me a little nervous because it appeared that she was being offered much more aid than we believe that we qualify for. If they did not match it for future years we'd be in trouble and would either have to take out loans or transfer her.
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  • brantlybrantly 4228 replies75 threads Senior Member
    Sarrip wrote: »
    Just say that you win the appeal and more aid is granted for freshman year. My fear in these situations is what will sophomore years aid look like. Suppose you don't win an appeal next year. I have to say that DD20 did get some offers that really made me a little nervous because it appeared that she was being offered much more aid than we believe that we qualify for. If they did not match it for future years we'd be in trouble and would either have to take out loans or transfer her.

    In a case like this, you have to get it in writing that the award will be the same in subsequent years if your financial circumstances remain materially the same.
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