Accepted ED but not withdrawing applications

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My son withdrew and declined other EA offers when the financial package of his ED offer was settled. However, it was a dragged discussion with a lot of drama at home because the school played hard ball and kid really wanted to go. I even had him apply regular. We waited until written official confirmation of adjusted financial offer was uploaded to the school portal to decline and withdraw others, not trusting phone or email conversation. This got us passed the deadline. I can see how some parents maybe still be in similar position. I agree ED accepted kids with financials settled should step aside for the sake of their colleagues. I have also heard of kids that have continued to apply to many schools despite ED financials being settled. This is just wrong.

how was the school playing hard ball?

Financial aid formula is a black box in each school. You start to ask about the details of how things are imputed from IRS tools and odd stuff shows up. Aid offer kept potentially increasing and decreasing in phone conversations depending on who talked to. Finally they said a consolidated offer letter would be sent but it did not arrive before the deadline. Had to accept and wait for the formal offer to be uploaded.

I believe you had a hard time if it but it’s supposed to be much easier. You file the FAFSA and/ or CSS and get an Expected Family Contribution percentage . The college then makes up the difference. You can anticipate this by using the Net Price Calculator. If the NPC has you paying 100% and you can’t afford it then you shouldn’t be applying.