Anonymous wrote:Anonymous wrote:Thanks. Its binding ED and while FA would sure be helpful, I'm pretty sure DS won't qualify.
Its my understanding that even schools with binding ED will let an applicant out of it if they can't offer a sufficient financial aid package when the time comes. But thats not our situation.
If he's in the 75th % or so off admits, he could be eligible for decent merit aid or the college's Honors program. It's all good!
Anonymous wrote:I've often wondered whether applying and being accepted ED hurts a student's chances for merit aid. It seems that once the student is bound to attend, there is little incentive for the college to offer merit aid (as opposed to financial aid). Does anyone have experience with this?
Anonymous wrote:Thanks. Its binding ED and while FA would sure be helpful, I'm pretty sure DS won't qualify.
Its my understanding that even schools with binding ED will let an applicant out of it if they can't offer a sufficient financial aid package when the time comes. But thats not our situation.