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[quote=Anonymous][quote=Anonymous][quote=Anonymous]For all the sanctimonious outrage above about “what’s wrong with turning down an ED for financial reasons”, why can’t you understand that when you sign the agreement and turn over your financial picture to the school, you are supposed to be telling the truth about your finances.

If nothing material changed (and no PP, your prayers for a raise next year do not count), you’re a total jerk and you’ve basically LIED. Both YOU and the school have agreed on what would be feasible. If nothing changed except “just kidding, I don’t want to go anymore”, then your kid deserves to be blacklisted from all colleges.[/quote]

No one is talking about not telling the truth about their finances. No one is talking about a kid not wanting to go anymore. We are talking about not having enough money to go. Reasons include: not getting the FA that you hoped for, not getting a scholarship from somewhere else, not getting merit aid, a family member not being able to help when you hoped they would etc etc. It turns out you can’t afford the school so you use the clause that releases you from the commitment for financial reasons.[/quote]

You should check with the college if “not getting merit aid” is a reason to get out of an ED agreement. Most schools do not look at merit aid as financial aid. It is free money given to whomever they choose.[/quote]

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