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][quote=Anonymous]For the top 25 -- most do not give merit aid or most would not match an offer from a lower school.  So you lose nothing by ED if the number in calculator is ok.  [/quote]

But most T25 schools will match offers from peer schools, at least sometimes. And most kids who can get into one T25 can get into another. So you are losing something, actually. What you mean is that you’re ok with losing that money in order to lock in a T25 at the NPC price. So to revert to OP’s question, yes, applying ED is volunteering to give away all the cash you have up to the NPC amount. Applying ED means giving up your power to bargain and your power to walk away. Lots of people think it’s worth it. But that’s what it means. [/quote]

Why can't you use the NPC result to negotiate with the colleges?[/quote]

Great question. The answer is they only negotiate with actual offers. After all there’s no guarantee you’ll be admitted to the school with the good NPC number! And ED prevents you from securing the complete offer (admission + FA number) from a peer school, and thus prevents you from negotiating. [/quote]

One should only apply ED if the school is actually the kid’s first choice, to the elimination of all other schools. If it’s only the kid’s first choice if the price is right, it not really the kid’s first choice.[/quote]

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