Is it possible for a college to alter your financial aid package after you have already accepted it?
Is it possible for a college to alter your financial aid package after you have already accepted it?
Hello @_kavyaa , yes it is possible for a college to alter your financial aid package even after you have accepted it. The are a lot of factors that colleges consider while doing that.
For example, if there are any changes in your or your family’s financial status, or maybe there were some errors in your application. In such cases, college can alter the package.
In case you receive an external scholarship after your financial package is finalised and it exceeds the allowable limit for the total aid, the college can adjust the financial aid package they offered previously.
In any scenario, if the college alter your financial aid package, they will notify you and may provide options or alternatives.