Can I Apply for Loans at One School But Eventually Go to Another?

[Chemist0157]

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At this point, I haven't decided where I want to attend, and I'm beginning to get financial packets and loan applications. Can I apply for loans at my schools, and then later drop the other applications when I decide where I'm going? We have until May to decide where to attend, but shouldn't we start loan applications as soon as possible? I ask this because I want to know if it's possible for us to get stuck with loans we don't need/want.

 

[DrWookie]

Technically you can decide where to attend during the summer...if you are waiting on a waitlist.

I'd imagine even if you have multiple acceptances you should be able to fill out all the information to each school until May. Otherwise they would just make you pick now (since financial packages and loans are a big part of the decision).

 

[Chemist0157]

That's kinda what I what was hoping for. Surely the whole process falls apart when one decides not to attend at a certain school.