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College and University Discussion
Reply to "How does Early Decision for a financial standpoint?"
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[quote=Anonymous]Problems arise in ED when parents object to the financial aid awards as "not being enough," even though the award is what could have been expected at the time of application. Sometimes that is just buyer's remorse (if she can get in here . . . ), and sometimes it is a genuine panic over having to pay. In these situations, you might be able to argue yourself out but that will likely be extraordinarily stressful for your child (unless she has decided she no longer wants to go there) and might cause issues with other applications as well. ED is really not for game playing and as others have said, should only be used when your child is certain it is where she wants to go and you are confident in the finances. Some schools do likely use it to favor full pay, but that is certainly not the exclusive use. [/quote]
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