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College and University Discussion
Reply to "Does Early Decision limit chances for merit aid"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is a conversation you need to have with the financial aid office of the ED school. If you don’t qualify for need based aid (you’ve run the NPC calculator) and you need merit aid to afford the ED school, then DO NOT apply for ED. Ya’ll are confusing merit (non-need based aid) with need based aid. Colleges award merit according to their own rules, and it has nothing to do with your financial picture. [/quote] We will probably call the school but I’m curious why you think it matters where the money comes from (FA/merit aid/other scholarships/family help/rotc). Bottom line is we need some assistance to pay. No guarantee we will get the money but it’s possible. [/quote] Because the schools categorize it differently. Run the calculator and it will say what the school has determined your need is (most of us disagree with those figures btw). Colleges that guarantee to meet 100% of need, mean that they will provide that number to anyone they admit ED or RD. If you are confident in your ability to pay the net price out of funds you have at the time of the application, then apply ED. It is unlikely you will get more from the college. If you are not, for whatever reason (including waiting on a relative to die, applying for outside scholarships, whatever) you cannot apply ED. Period. [/quote] [b]Or what? Of course you can.[/b] [/quote] You are right.... just have your kid apply ED to all schools since they can't make you attend and may not find out you did it. Who are all these naive folks that care about lying and breaking contracts!!![/quote] No tthe point at all and your over-statement makes you hard to take seriously. Schools offer ED and with a potential out if you cannot afford to attend once you are admitted. Many factors ultimately play into that calculus and a hoped for merit award may be one of them (as could be losing a job or not getting an expected bonus). If you can afford to go once admitted, great. If you can't, that's unfortunate but they DC goes to regular decision somewhere else they can afford. But that is simply not breaking a contract. Multiple ED applications, on the other hand, are not permitted. [/quote] She’s back! The one poster hoping merit aid will save her butt in an ED contract. Good luck with that strategy. [/quote]
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