Can I reduce loan amount AFTER I accept it?

<p>I find my total award has exceeded the actual cost, but I don't know if the award will stay the same because of an estimated NJ TAG award that can still change due to varies state budget, and the estimation won't be finalized until late july. </p>

<p>Can I accept the current loan amount by signing the master note, but when august hits ( when term bill arrives, and i find that I am in excess ) and then reduce my loan amount then? Or once you take the loan amount that was awarded, it is the final, you HAVE to take it? Or Can I reduce it after I accepted it.</p>

<p>Yes, just notify financial aid or enter the partial amount you would like.</p>