<p>OK, here’s the deal- </p>
<p>You CAN wait until you find out how much $$ you get from Lehigh before accepting their offer of admission. You can’t, however, wait for other financial aid packages before deciding. Otherwise, what’s the point of a binding ED agreement?</p>
<p>While the agreement is NOT a legal one, you run the risk of being rejected from other schools if Lehigh were to find out that you broke the ED agreement. Not a good situation to be in.</p>
<p>Ideally, you should have looked into the implications of applying ED before committing, but alas, here you are. </p>
<p>Here’s to hoping you get enough $$ to attend!</p>
<p>Lehigh, or whatever the college sets the rules for these things. You need to send in your commitment and deposits according to their schedule after you get the financial aid package. If you get some offers before that deadline, then you do have your peek. Lehigh, I do believe, does participate in the ED list, so your name will be circulated to those schools that subscribe to that list as an ED acceptee once that date arrives. If you have an appeal or dispute or discussion about the package that could make mean NOT making that commitment, you have to engage with Lehigh about this during that time period and if you go over that time and still have no resolution, you need to make sure that Lehigh does not have your name on that list. You could end up auto flushed from your other schools. Those schools that do have ED tend to support each other in this as this is what keeps ED beneficial for the colleges. </p>