Question

Do you have to accept ALL of the aid available to you in a financial aid offer?

a) Yes, it's mandatory to accept all offered aid
b) No, you can decline any portion of the aid offered
c) Yes, unless you have private loans
d) No, only federal aid can be declined

Answer 1

No, you can decline any portion of the aid offered.

Step-by-step explanation:

No, you can decline any portion of the aid offered.

When you receive a financial aid offer from a college, you have the option to accept or decline the aid. You are not obligated to accept all of the aid that is offered to you. This means that if you only need a portion of the aid, you can choose to decline the rest.

For example, if you are offered a combination of grants, scholarships, and loans, you can accept the grants and scholarships but decline the loans if you prefer not to take on additional debt.