Can i accept aid from two schools! then cancel one later?
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i am totally confused on which to attend and the deadline for accepting aid is arriving. should i accept aid from both schools then call one school later and tell them i'll not be attending when i make the final decision on which i will attend?
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Answer:
Yes - you absolutely can and should accept aid from both schools. This is very common. Then, once you make the final decision on which school attending you let the other school know and they will cancel the aid. No financial aid is paid out to you until around the first week(s) of class in the fall, so its not like you are going to actually receive aid from two different schools anyway. As a side note, when schools award their grants to the incoming freshman, they actually award 2 - 3 times their actual budget, because they know half the students they accept for admission end up going to another school. Bottom line, accept all aid now until you make your final decision. Good luck and enjoy college - best time of your life.
kbmqv at Yahoo! Answers Visit the source
Other answers
You MUST cancel one before you can accept the other. Pick which school you want to go to ASAP and accept their aid. Pick depending on what you want and where you want to live, not based on what everyone else wants. GOOD LUCK!
cclarity
If you do accept both aid at the same time, remember to cancel the aid when you make you final decision. If you forget, you could have a problem with getting your aid posted in time on your account.
sunshine23511
Make the final decision and give some other student a chance to attend college and get student aid.
M C
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