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Reply to "What happens if you ED and then back out?"
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[quote=Anonymous][quote=Anonymous]Not OP, but I wish we could also withdraw. Mostly bc we got zero merit from the school my DD was accepted to ED. And plenty of merit aid from the other schools she was accepted to -- but I realize that is the risk we took, but still sucks. We thought there would be a little merit at least and now we will need to take out a loan. [/quote] The one loophole is financial. You are not forced to take out loans. If you cannot afford this school without loans but something that you can afford without loans has come through, you can turn down the ED. Before I did that, though, I would call the ED financial aid office and see if they can offer you something.[/quote]
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