Reply to What happens if you ED and then back out?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][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]

You can get out of ED for financial reasons. If they don't offer you enough $$, you can say you can't afford it, and need to withdraw your ED. It happens. You'd have to prove it, possibly. [/quote]

That’s about need based aid, not merit.[/quote]

You can just say you can’t pay. They can’t force you to go and you won’t be sued. People back out for other reasons too (illness, mental health, etc).  [/quote]

They can't force you to go, but if they disagree with you that you can't pay, they can inform all of their overlap colleges that they are not releasing you from the ED contract. Those other colleges will not allow you to matriculate.[/quote]

And they certainly won’t accept you if your net price is the same as your ED school. [/quote]

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