AdmissionSenior YearDo not commit early

Do not commit early

DO NOT commit until comparing all packages

Senior Year
March
FinancialAid
High Priority

Step-by-Step Guide

Overview

Do not commit until you've compared ALL financial aid packages AND understand true cost at each. Strategic patience through April pays off.

Why Wait

  • Preliminary packages can change significantly
  • Merit scholarship competitions finalize in April
  • Comparing offers enables meaningful appeals
  • You have until May 1

Decision Framework

For each admitted school:

  1. Cost: 4-year out-of-pocket, family impact, loan burden
  2. Academic Fit: Major strength, faculty, programs
  3. Personal Fit: Culture, size, location
  4. Career Outcomes: Placement, alumni, graduate school
  5. Non-Academic: Distance, climate, health

Similar-Cost Options

Choose based on fit, career outcomes, where you'll thrive.

Different-Cost Options

Ask: Worth the extra debt? Affordable without burden? Career differentiation?

When to Appeal

File if:

  • Competing peer-school offer with better aid
  • Family financial situation changed
  • Special circumstances not captured
  • Calculation error

File appeals in early April after competing offers.

Mental Framework

"Enrollment deposit" isn't the commitment - submission + withdrawal from others is. Take your time.

Family Conversations

  • Review all packages together
  • Discuss long-term impact
  • Consider family values
  • Decide together (student decides with family input)

Pressure Warning Signs

  • School suggests deciding before May 1
  • Artificial urgency on financial offers
  • Admissions pushing decisions

Take your time.

When to Act Before May 1

Only if:

  • Compared all offers
  • Certain of your choice
  • School has no rush on housing/orientation

Otherwise, wait.

Task Details

Assigned to: Parent
Best time: March
Week: 2

Track Your Progress

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Related Tasks

Use net price calculators

Junior Year

Revisit campuses

Senior Year

Set up payment plan

Senior Year

Grade drops risk rescission

Senior Year

National Merit app materials

Senior Year