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- Jun 11, 2008
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I'm currently holding an acceptance at a school that I would be very happy to attend, but which gave me pretty meh financial aid. Last week I was accepted off the waitlist at my top choice school (yay!), and right now I am just waiting for the financial aid package to come through. Unfortunately this new acceptance is at one of the schools that requires NeedAccess information for need-based aid. I've been given exactly one week from the date when I got my acceptance notification to make a final decision. However, it's not looking like I'll get my aid package in time, and there is still a small chance that I would decline this acceptance if there was a large cost difference since money remains a significant factor in my decision.
At this point I think I have two options. One is to ask the school I just got into for an extension to make the decision. I would feel bad about that though, because I wrote a LOI practically begging them to let me in. I meant what I wrote, but I thought I could at least have the financial aid info before I signed off on the deal permanently.
My other option is to accept the new offer and not withdraw from my first school right away, just in case the financial aid package turns out to be terrible. My question (finally...) is this: Do I have some flexibility in the timing of my withdrawal? Is there some way for either school to find out that I was, at one point after May 15, holding two acceptances for a period of two to three days? Has anyone successfully nagivated a similar timing issue? I'd appreciate your advice, thank you!
At this point I think I have two options. One is to ask the school I just got into for an extension to make the decision. I would feel bad about that though, because I wrote a LOI practically begging them to let me in. I meant what I wrote, but I thought I could at least have the financial aid info before I signed off on the deal permanently.
My other option is to accept the new offer and not withdraw from my first school right away, just in case the financial aid package turns out to be terrible. My question (finally...) is this: Do I have some flexibility in the timing of my withdrawal? Is there some way for either school to find out that I was, at one point after May 15, holding two acceptances for a period of two to three days? Has anyone successfully nagivated a similar timing issue? I'd appreciate your advice, thank you!