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College and University Discussion
Reply to "Does Early Decision limit chances for merit aid"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If your ability to attend is contingent on receiving merit aid, you cannot apply early decision. You might, but might not, get merit money, and regardless, once accepted, you are obligated to enroll.[/quote] My understanding is that [b]if you don't get the FA package that you need[/b] you are allowed to not enroll based on finances. I've read this multiple places. [/quote] That understanding is not quite right.... if you don't get essentially the same level of FA package that the NPC suggested you would receive when you ran the NPC before applying to the school only then you are allowed to break the ED agreement. On the other hand, if you ran the NPC before applying, saw an unaffordable EFC number, and yet applied ED anyway then you have no valid basis to break the ED agreement. [/quote] +100. This is our understanding of the policy too. Previous threads about how easy it is to break the agreement is hogwash.[/quote]
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