Early Decision and Financial Aid

<p>I'm considering applying ED to Cornell but I was worried that if I got accepted I wouldn't be able to afford the financial aid package. How difficult is it to decline an ED acceptance if its not enough?</p>

<p>If you have enough reason and show financial documents it shouldn't be hard. Explain the reasoning (with evidence) and you'll get out of it. Their FA office is really nice and understanding.</p>

<p>Btw, I was in your position last year...then applied...and got exactly what I needed. Any less and I wouldn't be able to attend. But hey, it usually works out for the best.</p>

<p>i don't think you can decline. i don't know if this is true, but i heard that if you ED but then decline, then that university will notify all others so you don't get accepted anywhere else.</p>

<p>that's not true. but you definitely have to make a case for your self.</p>

<p>Cornell meets full need. The problem is what they consider to be your full need may not be your parents full need. Other schools may have different ways of determining EFC (estimated family contribution) and how much in grants vs loans, so other schools maybe more or less affordable. By applying ED to Cornell you are giving up your option in comparing FA from different schools. If you need FA then think hard about applying ED to any school. Cornell is pretty good with FA, but you may be able to get full merit aid from another school. As long as Cornell can meet your full need, then ED is technically binding.</p>

<p>oldfort's given the best summary of the situation.</p>

<p>I'll just offer you my own personal experience: I applied ED and got all the aid I needed. Cornell is pretty fabulous with aid.</p>

<p>Suzalicious...Completely agree with you. But i still know for a fact that you can get out of it. I had a friend who did it las year...it's rare though</p>