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[quote=Anonymous]The decision is binding--meaning you withdraw applications to other schools once accepted.  Sure, they can't force you attend, but there are hurdles then to getting in to other schools.

If you apply early decision you should check the net price calculator of the school you are attending entering as accurate information as possible.  They will give you a realistic estimate of what your EFC will be and the anticipated financial aid package.  You base your willingness to attend the school based on whether you'd still attend if that's estimate is reasonably close to the offer.  If you're unsure--or want to compare competing financial aid packages of different schools more than you want to commit to this one school--then you shouldn't apply ED. If your financial situation changed dramatically or the college failed to meet the need reported in the net price calculator you could make a case to break the binding relationship--but you shouldn't go in thinking that you can just do this if need be.

Don't get thrown by the x school fills half their class ED comments--these aren't paying attention to the issue of yields at schools.  Once ED got to a scale that distorted the application process, there are quite a few schools that accept a much, much higher percentage of RD candidates than they can expect to enroll because they know these kids are applying to a lot of schools.    If you really want to know the competitive edge ED gives you at a school compare the profiles of students accepted ED and RD.  If you take out recruited athletes, for a lot of schools there's very little difference.  The differences are diminishing as more students apply ED.[/quote]

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