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College and University Discussion
Reply to "Is Early Decision Just Volunteering to Give Away All the Cash You Have?"
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[quote=Anonymous] Colleges off merit aid to students they really want to accept their offer and enroll at their school. It’s an incentive. A student who applies ED has pre-committed to enroll if the college accepts them. So there’s no need for the school to sweeten the offer with merit aid. You’ve already told them you’re coming. Financial aid is completely different. It’s need-based (according to the NPC) rather than want-based (we want to pay less the NPC says we can afford). Does this mean you are volunteering to give up all your cash when you apply ED? That depends on the NPC number (and how much cash you have, of course.) But overall, yes, by applying ED you are volunteering to pay either full cost or the NPC amount. No deals or discounts or merit money to be had. [/quote]
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