Hello,
I am applying to UPenn and am considering Early Decision. I am a unsure about how the financial aid works into the application process:
What happens if my family is overestimated in their ability to pay?
If I am accepted and the aid is not enough, will I be forced to take a student loan?
Can you get out of ED if you cant pay?
how do you prove you cant?
Is there a down side if you do back out (blacklist, etc.)?
Yes I am contacting the financial aid office, but I wanna get as much info as possible.
Thanks.
I am applying to UPenn and am considering Early Decision. I am a unsure about how the financial aid works into the application process:
What happens if my family is overestimated in their ability to pay?
If I am accepted and the aid is not enough, will I be forced to take a student loan?
Can you get out of ED if you cant pay?
how do you prove you cant?
Is there a down side if you do back out (blacklist, etc.)?
Yes I am contacting the financial aid office, but I wanna get as much info as possible.
Thanks.