Should I Send My Enrollment Deposit Before We Receive My Financial Aid Award?

Should I Send My Enrollment Deposit Before We Receive My Financial Aid Award?

I happened to be accepted to my first option ( not really a binding acceptance) and want to submit my deposit to carry my spot. But I have not gotten the educational funding package out of this college (or one other two that accepted me personally) yet. Do I need to await that I be able to get my $500 deposit back if the financial aid award isn’t enough if I am going to rely on financial aid, or would?

Pupils whom spend an enrollment deposit can frequently obtain the cash back when they make the request before May 1, but they may need to jump through some hoops for this. Until May 1, so there’s no reason to send them any dough until you’ve received your financial aid package since you have already been offered a place in the freshman class at your top-choice school, your college must hold this place for you. Rather than hurry to submit a check, ‘The Dean’ implies that instead you write to your local admissions rep ( the employees member whom oversees applicants from your own senior high school) to inquire of in regards to the school funding timeline. Commonly, Early choice applicants receive an aid award at the time that is same they receive their admission verdicts, but candidates whom use under other very early plans ( e.g., non-binding Early Action, Rolling Admission), may well not receive any economic materials until spring.

Note, however, that, although enrollment deposits will typic Continue reading “Should I Send My Enrollment Deposit Before We Receive My Financial Aid Award?”