Reply to Have you broken an early decision contract?

Forum Index » College and University Discussion

Reply to "Have you broken an early decision contract? "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]https://www.nytimes.com/2021/12/18/your-money/paying-for-college/early-decision-binding-nyu.html#:~:text=Here%27s%20a%20news%20flash%3A%20These,t%20always%20know%20the%20facts.
[/quote]

Would anyone be willing to post the article please? Behind firewall.[/quote]

the key part is that when pressed, everyone agrees that you can withdraw for financial reasons

"the most prominent entity in the field — the National Association for College Admission Counseling — offers up crystal clear language that schools can (and do) use in their early decision agreements: “Should a student who applies for financial aid not be offered an award that makes attendance possible, the student may decline the offer of admission and be released from the early decision commitment.”

That isn't the same is matching the calculators, it's whether or not you can actually afford it. [/quote]

DP. But, it also says:
"First, use schools’ net price calculators before applying to see what kind of aid they estimate that you will get if you get in. If the actual offer matches and your family circumstances haven’t changed since applying, it isn’t ethical to walk away because of the price. After all, you were warned."

Don't use this article as a free pass to use the higher ED admission rates for what amounts to an EA app. That's what some sly dogs are thinking![/quote]

That language in the contract is the important part. This is what Emory says, but it seems standard:

"Should a student who applies for financial aid not be offered an award that makes attendance possible, the student may decline the offer of admission and
be released from the Early Decision commitment."

https://apply.emory.edu/pdf/EarlyDecisionAgreement.pdf

No mention of the calculator or the aid offer matching the website. Now that FAFSA disregards siblings, there can be a huge gulf in what the calculators say is affordable and what is affordable and different schools will treat it differently. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics