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Accepting Financial Aid Offer??

Discussion in 'Pre-Medical - MD' started by njmd55, Mar 25, 2007.

  1. njmd55

    njmd55 Member 2+ Year Member

    308
    7
    Jun 4, 2006
    Hi guys
    I just received a financial aid package from one of my schools and it says that i have to accept it within 2 weeks. Now, I'm waiting from some other schools' financial aid packages as well but I don't know when they will come. My question is If I accept this one school's financial aid offer, does it mean that I would HAVE to attend their school or can I accept the offer now but decide to attend another school later??
    I would appreciate all the help!
     
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  3. QuakerPreMed

    QuakerPreMed 2+ Year Member

    313
    0
    Mar 9, 2007
    That shouldn't change your ability to hold multiple acceptances as per AAMC rules. Just fill it out and send it in, you can still change your mind!
     
  4. njmd55

    njmd55 Member 2+ Year Member

    308
    7
    Jun 4, 2006
    Thanks!! Any other comments??
     
  5. njmd55

    njmd55 Member 2+ Year Member

    308
    7
    Jun 4, 2006
    Bump!
     
  6. HumbleMD

    HumbleMD hmmmm... 7+ Year Member

    2,575
    27
    Sep 22, 2006
    East Coast
    Did you send a deposit to the school already? If not, you have nothing to worry about. If so, believe you still don't have anything to worry about as AMCAS is pretty tight about their rules for May 15 and deposits, and you'l probably still get it back anyway. I suppose the only downside is that by accepting the offer you relenquish all bartering power if another school gives you a better one.
     
  7. diggitybop

    diggitybop 2+ Year Member

    79
    1
    Feb 1, 2007
    this does not mean you must go to the school. i was worried about the same thing and called the school to see if i did accept the aid what that meant. they said that if i didn't go to their school i should just contact the financial aid office, let them knw i'm not coming, and that they should cancel the aid. this will not affect financial aid from other institutions.
     
  8. AnEyeLikeMars

    AnEyeLikeMars Member 7+ Year Member

    478
    0
    Dec 2, 2005
    Carrboro, NC
    Yeah, don't worry about it. This is directly analogous to an acceptance offer. You have a certain amount of time to accept it but it's not binding.
     

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