Does ED agreement terminate if offer is more expensive than the school’s NPC?

[Anonymous]

Seems the agreement can’t be binding if the. Offer is lower than promised on the NPC. Verdad?

[Anonymous]

You ask to be released from the agreement and show the NPC results are lower. If it's close, then expect pushback.

[Anonymous]

Yes, finances (cost comes in higher than NPC predicted or a change in family circumstances) is the one “acceptable” reason to break an ED agreement. Well, one of two — I’m sure serious health issues would be acknowledged as well.

[Anonymous]

sure.

also, grounds to negotiate the offer

[Anonymous]

Anonymous wrote:Yes, finances (cost comes in higher than NPC predicted or a change in family circumstances) is the one “acceptable” reason to break an ED agreement. Well, one of two — I’m sure serious health issues would be acknowledged as well.

Correct.

[Anonymous]

Anonymous wrote:You ask to be released from the agreement and show the NPC results are lower. If it's close, then expect pushback.

and push back on the pushback. these schools have the money

[Anonymous]

In our experience, the NPC was accurate, nearly to the dollar. When you run it, make sure you take screen shots.

[Anonymous]

Anonymous wrote:Yes, finances (cost comes in higher than NPC predicted or a change in family circumstances) is the one “acceptable” reason to break an ED agreement. Well, one of two — I’m sure serious health issues would be acknowledged as well.

I don't know what this means. ED just means you can't attend school elsewhere, but it's not like a private school contract where they may sue you for a year's tuition if you decide you don't want to attend. You don't actually have to attend college if you decide you don't want to do it...again, you just can't enroll elsewhere for at least a year.

[Anonymous]

ED means you agree to attend unless the school is not affordable for your family. Schools recommend you run the NPC before applying ED. It does not mean yu cannot attend a different school which may be affordable.

[Anonymous]

Anonymous wrote:Yes, finances (cost comes in higher than NPC predicted or a change in family circumstances) is the one “acceptable” reason to break an ED agreement. Well, one of two — I’m sure serious health issues would be acknowledged as well.

A 3rd situation is if a recruited athlete is informed by the coach after acceptance that the coach found a better player and you no longer have a slot on the team. It doesn't happen often and technically I guess a school could still hold you to it, but most schools release you from the ED commitment and allow you to look elsewhere (though, you still have your acceptance to that school).

Unfortunately, a school like Duke or Vandy care about winning more than upholding their side of the athlete recruitment deal although the coach really has to make a strong case for the new athlete and why the recruitment happened so late...it's life.

[Anonymous]

Anonymous wrote:In our experience, the NPC was accurate, nearly to the dollar. When you run it, make sure you take screen shots.

+1 I don't know anyone who's had a meaningful divergence.

[Anonymous]

Anonymous wrote:

Anonymous wrote:In our experience, the NPC was accurate, nearly to the dollar. When you run it, make sure you take screen shots.

+1 I don't know anyone who's had a meaningful divergence.

There might some though, since certain details might change between NPC and FAFSA/CSS completion. Home values and retirement accounts might be higher, people get year-end raises and bonuses etc. It could also move in the other direction, of course. But the number should be close.