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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Most of the selective colleges will meet the aid required.  [b]The downside of ED is that you have to take the offer, whereas in regular decision you may find that one school offeres a better aid package than another and you can weigh that in considering options.[/b][/quote]

That's an excellent point but in this case, I'm pretty sure the student has her heart absolutely set on the (very selective/expensive) school in question.

So I guess the bottom line is would you take the risk of applying early decision?  And does anyone know to what extent schools can enforce the "financially binding" part of the ED application?  thx[/quote]

They really need to ask the school or their guidance counselor this question.  Based on numbers I've seen (put out by schools) there always seem to be 2-3 kids who dont end up accepting the ED offer, presumably for financial reasons but who knows.

The "very selective" schools are very likely to meet the full financial need per the FAFSA.  These schools are also more likely to do financial aid rather than merit aid, so the family needs to make sure they can meet the rest of the tuition before applying.

If the kid is set on going and the family is prepared to pay their portion of tuition then sure, it's worth a shot.  ED can provide an admissions boost but is certainly not a guarantee.[/quote]

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