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College and University Discussion
Reply to "Tulane bans HS from ED for 1 year after student backs out"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I can hold two thoughts in my head at once. I can recognize that people should honor their ED commitments, and I can recognize that colleges are the ones who gain the most by filling a significant % of the class through ED. The vast majority of students do not benefit from this system. [/quote] My student benefited. Like many she had an application appropriate for a top 10-20 school but none of the hooks, not a legacy. She applied ED to a school that isn’t known for valuing legacy, got in, and got almost exactly as much financial aid (a lot) as the estimate suggested. The system worked for her. [/quote] Because the system worked for your kid( it must be a good system?[/quote] What part of you can compare financial aid offers in advance using the NPC do you not understand? There is a system in place for comparing offers in advance, excluding merit. That means students who need financial aid are not disadvantaged by this system. [b]If the NPC shows no aid, you get no aid whether ED, EA, or RD.[/b][/quote] This! ED simply means you have a clear first choice, factoring in anticipated financial aid. We applied ED and received aid that corresponded to the NPC estimate. If a kid doesn't have a first choice or wants to drop tiers to chase merit, that's a matter of priorities. Merit, by definition, is independent of need. There's nothing unfair about rewarding kids who've done their financial aid homework and are willing to commit to a given school. Anyone can do their homework and proceed accordingly. [/quote]
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