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Reply to "Where "full pay" really helps?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think it’s a huge advantage that you can put yourself in the ED pool. We need in state or merit aid so can only apply ED in state. Full pay is an advantage at every school that has ED. It won’t help you over the other ED applicants. But it will over the other kids who can’t put themselves in the ED pool for financial reasons. [/quote] I don’t fully understand this. My DC applied TO to T15 ED, as we felt that was the best shot for acceptance. She was admitted with no financial aid. She left her app open for UC Berkeley, where she is likely a strong candidate. Not sure which she will choose. My point is concern about finances or affordability shouldn’t prevent you from applying ED to top choice - you can and should also apply to a full slate and evaluate those acceptances against the financial aid from the ED school. This notion that an ED acceptance means pulling all other apps is incorrect - you can decline an ED offer based on better relative affordability of another school. And don’t start bringing up “financial calculators” etc etc - only you and your family know what’s affordable. And the more options for students the better - colleges hate this logic as it shifts the power dynamic. And the wealthy contingent hates it because the “pulling all other apps” completely favors the wealthy where cost is no issue.[/quote] I'm sure you won't disclose but I'd love to know where you received all this misinformation. But sure enough, I came here to ask if all people truly applied ED were prepared to pay full or up to the college's estimate of your need. And as case above, clearly not.[/quote]
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