<p>Lets imagine a situation.A person gets accepted ED to a college but college does not give loans and that person does not get a scholarship,financial aid and doesnt get loans from bank.What to do then?Dont go to college and go to the army?:(</p>
<p>This person is then the poster child for why you don’t apply ED if $ is any sort of issue at all.</p>
<p>This person goes to his/her local community college or public rolling admissions university after finding out from his/her guidance counselor the proper steps for terminating the ED agreement.</p>
<p>Hmmmm…
What about recruited athletes?Lets say tennis.Do they get some kind of scholarships?</p>
<p>Usually not full scholarships.</p>
<p>Iron, my guess is OP has already done. My advice – contact schools admin office and discuss with them. Worse case, maybe they will let you out of ED (did you apply any state schools, some have rolling admissions, you may have to lower your sights). It is not army v. college (although I have nothing against army, but you have more choices). Talk to your GC TODAY.</p>
<p>What if he got some money from scholarship but its not enough to cover full 4 years(or 1 year at least).Can he still somehow go to the ED college or he will have to withdraw?</p>
<p>If you can’t come up with all of the money, you can’t go. It is that simple. This happens to people every single year. Not everyone manages to scrape together enough scholarships, financial aid, personal funds, family money, loans, etc. to pay for the college/university that they dreamed of attending. </p>
<p>It is OK to feel sad about not being able to attend your first choice college/university, but it certainly is not the end of the world. Take another look at your budget, and consider your other options.</p>
<p>Wishing you all the best.</p>