Reply to Is Early Decision Just Volunteering to Give Away All the Cash You Have?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes. Early decision is only for the rich and keeps the poors out.

[/quote]

Except it doesn’t.[/quote]

So then why does everyone agree that you should only apply ED if you are sure you can afford it?[/quote]

For the 1000th time, because what you can afford is determined by the NPC.  You can be dirt poor, the NPC for Brown will say you will receive 100% FA, you apply ED and guess what...you will receive 100% FA.  If you don't, you call Brown and ask them to reconsider and if they don't, you tell them you are no longer bound by the ED agreement because there is always an out that the school pulled a bait-and-switch on FA.

The people crying about ED want merit aid somewhere and are pissed because they can only apply EA or REA (though those schools only give need-based aid)...even though Brown or Penn or Dartmouth won't be providing any merit aid because they don't provide merit aid.  It's just they are hoping maybe USC or WashU or Emory or Tulane offers me a ton of merit aid.

Folks, there are schools that will give you an EA decision prior to receiving your ED decision.  My kid heard from a number of top 50 flagships with merit aid prior to their ED decision.  You can at that time decide to withdraw your ED application if you decide maybe you now want to take your chances in RD and look for merit.[/quote]

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