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College and University Discussion
Reply to "Does Early Decision limit chances for merit aid"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] You keep writing and writing and writing jibberish to justify the fact that you limited your kids’ college choices so that you can fund your manipulative extended family. Are your kids angry at you or are you afraid that they are angry at you? Sounds like it. [b]My kid got into an[b] ivy ED- [/b]picked out of the 38k kids- and did receive aid. Another friends kid got into Princeton ED and also received a good chunk of aid , despite being middle class. But yes, neither of us have any idea what we are doing. [/quote][/b] I'm glad it worked for you. [b]And the aid you're talking about then is financial aid which is not limited in ED if the net price calculator estimated that you qualified and the college is a college that claims to meet full need--as all the Ivy league schools tend to do. [/b]But the OP asked about merit aid and extended the concept of the financial release clause in ways that it doesn't apply. I'm not worried for my kid--we are happy with his chosen application strategies-- but I think it's important for families to fully understand the risks of ED--there's a lot of misconceptions out there.[/quote] No Ivy has ED so either you are lying. a poseur or just don't understand what we are trying to tell you. And the only financial aid you will bet at the ivies is if you have a HHI of less than @ $70-85.[/quote] W[b]e’re talking about merit aid, which the Ivies don’t give out. The fact that you don’t know the difference is concerning.[/quote][/b] I do know this difference. I'm a college counselor. I'm also the one saying that Ivies don't give out merit aid, unless athletes. This thread is about MERIT AID. Look at the title. Anyone who spouts off that her kid got into an ivy ED and got "a lot of aid" does not seem to understand the difference between merit and financial aid which someone who had gone through the process would know. This thread this about MERIT AID and ED. Some of us are truly trying to help parents who might not understand the difference even between EA and ED and SCEA that you don't want to apply to an ED school if you haven't done the calculator and aren't sure the family can afford it. You don't want to break that contract. And yes you can apply to other schools when you apply ED but you must withdraw (and your school counselor will tell you this) should you get into the ED school. And if you apply SCEA you can concurrently apply to public schools but don't have to withdraw. And so on. I just don't want some parent dangling an ED school in front of a kid and then later have to say "Oh, we can't afford $70K a year because we thought the school was going to give us more money" and the child is crushed and yes the schools DO talk about who breaks ED contracts as well as the college counselors. PLEASE talk to the school first before applying ED. They will lay it all out for you and will tell you if there is any concern in your own mind about affordabilty not to do it because the last thing they or your own high school counselor wants is an ED pick and then the parents have to bail out. Then the process has to start all over again for RD and that's not good for your child, the family and the high school[/quote]
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