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Can I turn down my ED school if the financial aid package isn't sufficient?

If I were to apply early somewhere (with a binding agreement) and then accepted, would I have the opportunity to turn them down if it turns out I can't afford it? What's the protocol?

#college #financial-aid #financial-services #money #early-decision

money financial-aid financial-services early-decision
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Chuck’s Answer

Unfortunately I don't have experience with what you are asking. See suggested next steps for some thoughts on what to do.
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Lisa’s Answer

It varies based on the school. I believe some make you pay a fee for withdrawing from early decision. I think early decision is great if you are very committed to that school.
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