A college counselor made up this story. |
Colleges send responses at all different times though. How could someone be sure to reject before getting any responses? |
Yes I know someone who was accepted ED and didn’t withdraw other applications. When the other acceptances kept coming in including one to a much better school (top 20 private) they went with it. Absolutely no repercussions. |
Guess rules don't apply to some people! |
Clearly not. |
You can withdraw before the college makes a decision.
You can break the agreement if financial aid is inconsistent with NPC or if there is a change in the family's financial situation. I hope you are not facing a difficult family situation. If this is elective, please don't fish around for outs. If your kid us having 2nd thoughts, withdraw before decisions are out. |
Would anyone be willing to post the article please? Behind firewall. |
Right now you can change from ED to RD - or withdraw. |
There isn't enough Tums in the world for the amount of heart burn that would give general counsels if schools actually did that |
Here is a gifted version of the article https://www.nytimes.com/2021/12/18/your-money/paying-for-college/early-decision-binding-nyu.html?unlocked_article_code=1.CU0.DEco.X8xk5e2FIbSk&smid=url-share |
the key part is that when pressed, everyone agrees that you can withdraw for financial reasons "the most prominent entity in the field — the National Association for College Admission Counseling — offers up crystal clear language that schools can (and do) use in their early decision agreements: “Should a student who applies for financial aid not be offered an award that makes attendance possible, the student may decline the offer of admission and be released from the early decision commitment.” That isn't the same is matching the calculators, it's whether or not you can actually afford it. |
It actually isn’t whether financial aid is generous enough as the out, it is whether the financial aid differs from what the school’s calculator said it would be. |
Typically that Ed college will then not take kids from the same school for a few years. Counselors need to do their job. |
Disagree, if you run the calculator and apply, you have decided you can afford what the calculator says you can pay. |