Anonymous
12/13/2022 09:58
Subject: “ED is to locked down full payers”
Anonymous wrote:Anonymous wrote:The reason is there are no damages.
ED is an effort to impose some order by agreement; if someone bad actors want to abuse the system, they can. The main result will likely be a black mark for the high school, though there is likely some (small) chance the new school would withdraw the acceptance.
Are you implying that a kid applying ED and relying on an aid package is being disingenuous?
Not if the kid ran the numbers and has a reasonable expectation of what offer will be. I think what feels disingenuous is the idea of a kid looking for an unrealistic (based on the calculator) aid package and applying ED even though there is really no chance they will get the aid they seek.
Anonymous
12/13/2022 09:54
Subject: “ED is to locked down full payers”
Anonymous wrote:The reason is there are no damages.
ED is an effort to impose some order by agreement; if someone bad actors want to abuse the system, they can. The main result will likely be a black mark for the high school, though there is likely some (small) chance the new school would withdraw the acceptance.
Are you implying that a kid applying ED and relying on an aid package is being disingenuous?
Anonymous
12/13/2022 09:53
Subject: “ED is to locked down full payers”
Anonymous wrote:The reason is there are no damages.
ED is an effort to impose some order by agreement; if someone bad actors want to abuse the system, they can. The main result will likely be a black mark for the high school, though there is likely some (small) chance the new school would withdraw the acceptance.
ED is a textbook example of anti-consumer cartel activity.
Anonymous
12/13/2022 09:52
Subject: “ED is to locked down full payers”
Anonymous wrote:Why do so many posters think this? In my kid’s friends group, everyone doing ED at a selective school is looking for financial aid. The thought process is that (1) ED typically has higher admit rates and (2) you can withdraw if you don’t like the package.
Are people implying need blind schools reject FA kids at higher rates during ED? Or do they not realize ED agreements allowing you to back out of the school can met a family’s need?
You can be either comfortably full pay or know that you will get a near full ride at a need blind school. For any one in between where merit is necessary or where price matters, ED is out.
Anonymous
12/13/2022 09:51
Subject: “ED is to locked down full payers”
The reason is there are no damages.
ED is an effort to impose some order by agreement; if someone bad actors want to abuse the system, they can. The main result will likely be a black mark for the high school, though there is likely some (small) chance the new school would withdraw the acceptance.
ED is an effort to impose some order by agreement; if someone bad actors want to abuse the system, they can. The main result will likely be a black mark for the high school, though there is likely some (small) chance the new school would withdraw the acceptance.
Anonymous
12/13/2022 09:49
Subject: “ED is to locked down full payers”
Anonymous wrote:Anonymous wrote:OP here - I think what’s missing is that these kids aren’t looking to compare FA offers. They want to know what their top choice school is offering and move on if it’s not enough.
For my daughter, she spoke specifically to the FA office at each of the schools she was considering for ED. She asked specifically if the school did not give her enough aid (as determined by her), whether she could withdraw from the ED agreement. All 3 said that was correct, but asked that if that happened, she should come back to them and appeal the FA so that could take a second look at the package before she withdrew.
Anyway, I just see this repeated a lot, but at least among my kid’s friend group, they are definitely all seeking aid.
But often I hear that an appeal won't be back until after RD deadlines are passed. Also, once a kid withdraws, that ED offer is gone. Say she manages to successfully withdraw and get her RD applications in. She doesn't get to come back to the ED offer if the RD offers are not to her liking.
It doesn’t revolve around the individual. If she is offer ED and can’t/doesn’t take it then she missed that boat. Life.
Anonymous
12/13/2022 09:47
Subject: “ED is to locked down full payers”
Anonymous wrote:Isn't it much more complicated than "withdraw if you don't like the package?" That makes it sound very easy. Is that the case?
I thought you had to prove that the school didn't meet your demonstrated need?
The school needs to prove you breached in court if they want to enforce it. They also need to hope that you don't counter claim under state consumer laws because the whole concept of an ED contract is pretty laughable under something like California's UCL. There is a reason that no school is willing to actually test them.
Anonymous
12/13/2022 09:44
Subject: “ED is to locked down full payers”
I don't understand why this is so hard. You can do the net price calculator and figure out if you can swing the expected family contribution. If you can't, don't ED. If the kid still wants to ED, then you take a chance and go all in. If they end up with merit scholarships, that's icing! The student can also apply for external scholarship money. But I think there are clear expectations with the ED process.
Anonymous
12/13/2022 09:44
Subject: “ED is to locked down full payers”
Anonymous wrote:Why do so many posters think this? In my kid’s friends group, everyone doing ED at a selective school is looking for financial aid. The thought process is that (1) ED typically has higher admit rates and (2) you can withdraw if you don’t like the package.
Are people implying need blind schools reject FA kids at higher rates during ED? Or do they not realize ED agreements allowing you to back out of the school can met a family’s need?
I wonder why you think this isn't true. I think it's true. I think its meant for those who can apply and pay regardless of level of aid provided.
I think "you can withdraw if you don't like the package" varies in terms of how that would play out and depends on factors such as is FA a bonus if received or is it absolutely a necessary need that without a significant amount of aid - say 75% or more, what other schools - if any - were applied too, will the student willingly choose another school or will the parents?
Anonymous
12/13/2022 09:42
Subject: “ED is to locked down full payers”
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:OP here - I think what’s missing is that these kids aren’t looking to compare FA offers. They want to know what their top choice school is offering and move on if it’s not enough.
For my daughter, she spoke specifically to the FA office at each of the schools she was considering for ED. She asked specifically if the school did not give her enough aid (as determined by her), whether she could withdraw from the ED agreement. All 3 said that was correct, but asked that if that happened, she should come back to them and appeal the FA so that could take a second look at the package before she withdrew.
Anyway, I just see this repeated a lot, but at least among my kid’s friend group, they are definitely all seeking aid.
But often I hear that an appeal won't be back until after RD deadlines are passed. Also, once a kid withdraws, that ED offer is gone. Say she manages to successfully withdraw and get her RD applications in. She doesn't get to come back to the ED offer if the RD offers are not to her liking.
None of these kids delayed doing their EA and RD applications. My kid finished everything by 12/1.
I don’t think they have to withdraw during the appeal process. That makes no sense.
Agreed that they don't have to withdraw during appeals but the appeals process will certainly be done before RD admission decisions are released in March/April. Also, worth noting for others: EA/RD are limited in terms of where you can apply. Other privates are off the table if you apply ED.
I have never heard this, can you clarify?
So there are schools who won’t allow someone to apply RD if they applied to another school ED?
Anonymous
12/13/2022 09:41
Subject: “ED is to locked down full payers”
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:OP here - I think what’s missing is that these kids aren’t looking to compare FA offers. They want to know what their top choice school is offering and move on if it’s not enough.
For my daughter, she spoke specifically to the FA office at each of the schools she was considering for ED. She asked specifically if the school did not give her enough aid (as determined by her), whether she could withdraw from the ED agreement. All 3 said that was correct, but asked that if that happened, she should come back to them and appeal the FA so that could take a second look at the package before she withdrew.
Anyway, I just see this repeated a lot, but at least among my kid’s friend group, they are definitely all seeking aid.
But often I hear that an appeal won't be back until after RD deadlines are passed. Also, once a kid withdraws, that ED offer is gone. Say she manages to successfully withdraw and get her RD applications in. She doesn't get to come back to the ED offer if the RD offers are not to her liking.
None of these kids delayed doing their EA and RD applications. My kid finished everything by 12/1.
I don’t think they have to withdraw during the appeal process. That makes no sense.
Agreed that they don't have to withdraw during appeals but the appeals process will certainly be done before RD admission decisions are released in March/April. Also, worth noting for others: EA/RD are limited in terms of where you can apply. Other privates are off the table if you apply ED.
Why are privates off the table if you apply ED?
Anonymous
12/13/2022 09:37
Subject: “ED is to locked down full payers”
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:OP here - I think what’s missing is that these kids aren’t looking to compare FA offers. They want to know what their top choice school is offering and move on if it’s not enough.
For my daughter, she spoke specifically to the FA office at each of the schools she was considering for ED. She asked specifically if the school did not give her enough aid (as determined by her), whether she could withdraw from the ED agreement. All 3 said that was correct, but asked that if that happened, she should come back to them and appeal the FA so that could take a second look at the package before she withdrew.
Anyway, I just see this repeated a lot, but at least among my kid’s friend group, they are definitely all seeking aid.
But often I hear that an appeal won't be back until after RD deadlines are passed. Also, once a kid withdraws, that ED offer is gone. Say she manages to successfully withdraw and get her RD applications in. She doesn't get to come back to the ED offer if the RD offers are not to her liking.
None of these kids delayed doing their EA and RD applications. My kid finished everything by 12/1.
I don’t think they have to withdraw during the appeal process. That makes no sense.
Agreed that they don't have to withdraw during appeals but the appeals process will certainly be done before RD admission decisions are released in March/April. Also, worth noting for others: EA/RD are limited in terms of where you can apply. Other privates are off the table if you apply ED.
Appeals are likely done before EA too (assuming a generic February EA deadline).
Anonymous
12/13/2022 09:35
Subject: “ED is to locked down full payers”
Anonymous wrote:Anonymous wrote:Anonymous wrote:OP here - I think what’s missing is that these kids aren’t looking to compare FA offers. They want to know what their top choice school is offering and move on if it’s not enough.
For my daughter, she spoke specifically to the FA office at each of the schools she was considering for ED. She asked specifically if the school did not give her enough aid (as determined by her), whether she could withdraw from the ED agreement. All 3 said that was correct, but asked that if that happened, she should come back to them and appeal the FA so that could take a second look at the package before she withdrew.
Anyway, I just see this repeated a lot, but at least among my kid’s friend group, they are definitely all seeking aid.
But often I hear that an appeal won't be back until after RD deadlines are passed. Also, once a kid withdraws, that ED offer is gone. Say she manages to successfully withdraw and get her RD applications in. She doesn't get to come back to the ED offer if the RD offers are not to her liking.
None of these kids delayed doing their EA and RD applications. My kid finished everything by 12/1.
I don’t think they have to withdraw during the appeal process. That makes no sense.
Agreed that they don't have to withdraw during appeals but the appeals process will certainly be done before RD admission decisions are released in March/April. Also, worth noting for others: EA/RD are limited in terms of where you can apply. Other privates are off the table if you apply ED.
Anonymous
12/13/2022 09:31
Subject: “ED is to locked down full payers”
Anonymous wrote:Anonymous wrote:OP here - I think what’s missing is that these kids aren’t looking to compare FA offers. They want to know what their top choice school is offering and move on if it’s not enough.
For my daughter, she spoke specifically to the FA office at each of the schools she was considering for ED. She asked specifically if the school did not give her enough aid (as determined by her), whether she could withdraw from the ED agreement. All 3 said that was correct, but asked that if that happened, she should come back to them and appeal the FA so that could take a second look at the package before she withdrew.
Anyway, I just see this repeated a lot, but at least among my kid’s friend group, they are definitely all seeking aid.
But often I hear that an appeal won't be back until after RD deadlines are passed. Also, once a kid withdraws, that ED offer is gone. Say she manages to successfully withdraw and get her RD applications in. She doesn't get to come back to the ED offer if the RD offers are not to her liking.
None of these kids delayed doing their EA and RD applications. My kid finished everything by 12/1.
I don’t think they have to withdraw during the appeal process. That makes no sense.
Anonymous
12/13/2022 09:24
Subject: “ED is to locked down full payers”
Anonymous wrote:OP here - I think what’s missing is that these kids aren’t looking to compare FA offers. They want to know what their top choice school is offering and move on if it’s not enough.
For my daughter, she spoke specifically to the FA office at each of the schools she was considering for ED. She asked specifically if the school did not give her enough aid (as determined by her), whether she could withdraw from the ED agreement. All 3 said that was correct, but asked that if that happened, she should come back to them and appeal the FA so that could take a second look at the package before she withdrew.
Anyway, I just see this repeated a lot, but at least among my kid’s friend group, they are definitely all seeking aid.
But often I hear that an appeal won't be back until after RD deadlines are passed. Also, once a kid withdraws, that ED offer is gone. Say she manages to successfully withdraw and get her RD applications in. She doesn't get to come back to the ED offer if the RD offers are not to her liking.