<p>I submitted my deposit to Univ. of Penn. to attend The Wharton School of Business. And I’ve already said no to the other schools where I was accepted. </p>
<p>Unfortunately, my parents applied for loans and were rejected because their debt/income ratio is too high. I have no other cosigner option. Realistically, I don’t know how I’d be able to pay for it without having loans. What do I do? Will I have to go to community college now as its too late to enroll in my other safety schools?</p>
<p>you must now consult</p>
<p><a href=“http://www.sketchyloanshark.com%5B/url%5D”>http://www.sketchyloanshark.com</a></p>
<p>but you may be out of luck if they deny you. You could always transfer to Wharton from CC if financial situation improves. As you were admitted, it won’t be difficult to transfer. </p>
<p>If you explain the situation to the schools you already said no to, they may be willing to take you. It depends.</p>
<p>Another, more drastic option: Sell your family into slavery.</p>
<p>I was in a similar situation about a month ago. I was very lucky in a way that my college gave me a lump sum of grants. I like to think that they offered me the fin aid, b/c they wanted me… but in reality I called and talked(begged) to my fin advisor on daily basis, which I suggest you do now. The process isn’t all that formal, and if they sense that you are in need of help, they will help you out.</p>
<p>Depending on your college. Some don’t give a crap about you or your problems (ex. NYU).</p>