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College and University Discussion
Reply to "Does applying early decision completely remove you from consideration for merit aid?"
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[quote=Anonymous][quote=Anonymous]A PP here and still thinking about this thread and ea vs ed strategies for MC family. DC has a school in mind that may be a safety(?), but most definitely a target. I've read the school can be generous with merit aid for high stats students. (Kid has high stats, rigorous course load, good but not over-the-top ECs.) I've done the NPC for this school and it's about 10K-15k/year more than we'd like to pay. We could probably swing it with some sacrifice but not sure we'd want to given its location in a high COL area. Their ED rate of acceptance is about 68 percent and EA 53 percent. WWYD in this case - EA or ED? Is there a way to find the rate of merit aid the school gives in ED vs EA?[/quote] First of all, you discuss with the school in question not here. Second, if a top school best in mind they most likely won’t offer sufficient merit aid to meet your needs because they don’t have to. Third, if you can’t swing it over the $10k-15k don’t apply because you are unfairly dangling something that may not be affordable in front if your kid. If accepted ED you are bound unless the FAFSA gets you out (its also embarrassing to your child, your child’s school and the college counselor to bail later) Find schools you can afford to apply EA. Apply EA or RD to this school. File FAFSA as soon as possible Finally, take a screenshot if the NPC screen. I can’t tell you how many parents find they relied upon a NPC calculator only to find that is nothing close to reality come spring of senior year [/quote]
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