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[quote=Anonymous]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.

She’s back! The one poster hoping merit aid will save her butt in an ED contract. Good luck with that strategy.

Actually there are more than one of us. If you read her post accurately you'll see that merit aid is only one factor she is talking about. For those of us without buckets of money, we're trying to put together money from a variety of sources including need based FA, possibly merit aid, maybe help from family (not hoping someone dies as another person so snarkily wrote) etc.

Her point about a job and/or bonus is that sometimes people experience unexpected financial set backs. Bottom line: this is why there is a clause that allows people to be released from ED contracts.

There is one poster who seems extremely intent on telling people not to apply ED unless they've got the money in hand. It sounds like she is discouraging anyone who is applying for need based financial aid from applying ED. Because anyone who is applying for need based FA is not guarantee the money and therefore may have to be released from the contract (which is of course the point of the release clause).[/quote]

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