Reply to “ED is to locked down full payers”

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here - I think what’s missing is that these kids aren’t looking to compare FA offers. They want to know what their top choice school is offering and move on if it’s not enough.

For my daughter, she spoke specifically to the FA office at each of the schools she was considering for ED. She asked specifically if the school did not give her enough aid (as determined by her), whether she could withdraw from the ED agreement. All 3 said that was correct, but asked that if that happened, she should come back to them and appeal the FA so that could take a second look at the package before she withdrew.

Anyway, I just see this repeated a lot, but at least among my kid’s friend group, they are definitely all seeking aid. [/quote]

But often I hear that an appeal won't be back until after RD deadlines are passed.  Also, once a kid withdraws, that ED offer is gone.  Say she manages to successfully withdraw and get her RD applications in.  She doesn't get to come back to the ED offer if the RD offers are not to her liking.[/quote]

Yes, that is true in many cases.  The whole point of ED is one only applies if it's their top school, they have no doubts about wanting to attend if admitted, and they can afford it if financial need is met (as defined by fafsa).  ED is not for someone who needs to compare FA offers from multiple schools---that is what EA/RD is for.  ED is for someone ready to commit to the school.  So yes, it sucks but if you need to compare FA offers from multiple schools ED may not be for you. Just like if in Oct your kid is not 100% certain which school they want, then ED is not for you.[/quote]

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