<p>Now lets assume morality is not an issue we are concerned about in this post.</p>
<p>Recently, I applied to a prestigious university in the United Kingdom.
However, the chances are slim.
Therefore, I have decided to probably apply Early Decision to New York University's Stern school of Business.
Now, England's schools don't release their final decisions until after January, later than both of NYU's ED dates (11/1 and 1/1).
NYU is notorious for having an extremely high tuition cost, so I was wondering:
If I were to get into NYU (ED 1), and then the UK school, and then went back on NYU's ED by stating financial reasons (I highly doubt they would give me any substantial scholarship, etc), what would be the reprecussions resulting from such an action?</p>
<p>Thank you for your time, and tolerance, in assisting me in my inquiry without flaming.</p>
<p>NYU is not likely to stand in your way, and would probably, in my opinion, most certainly release you from the agreement. </p>
<p>Your high school and your gudiance counselor might look at the moral implications of breaking a binding agreement deliberately. Some high schools specifically address this issue and will refuse to release further information to other schools for application/acceptance purposes for that academic year. And, yes, I have personally seen this happen. Your counselor signed the ED app with you that specifies that you have been informed and fully understand the implicatons of applying ED. You are just one student, and your school will be dealing with NYU for a long time afterwards, and though NYU might release you from ED because they don’t find it worthwhile to go after you and do not want you if you don’t want to come, they may well remember the counselor and the school, and be wary about offering ED to future students from there. So that is one obstacle.</p>
<p>Since the moral issue does not seem to bother you, I’ll tell you another pragmatic situation. If you should apply to NYU ever again the future, this will be on your file there, and it won’t be good. NYU is a big school with a lot of opportunites on the graduate and professional levels as well as for employment purposes. It is standard to ask if you have ever applied to the school when you are seeking any sort of affiliation with them, and these days with computer records it’s easy to match up SSNs and other data. You are awfully young to be giving your self an impediment at a major school in possibly the most active city in the world, just to give your self an edge on possible ED acceptance that you already know you may not take. </p>
<p>All ED applications have fail safe clauses where you can back out for financial reasons. But you get a stipulated time period after the acceptance to decline the ED offer for that reason, and usually, the school will want to sit and try to work it out. Go over the financial information and see what they can do. That you are ED, makes it more likely that your need will be met, by the way, though not guaranteed. </p>
<p>So, yes, there are possible repercussions from such an action.</p>
<p>Ahh, thank you. Are withdrawals due to financial reasons that uncommon?
Also, if I were to apply early decision II instead of I, is it possible to withdraw the application before decisions are released? As in, 2 weeks after applying.</p>
<p>Yes, you can withdraw your application at any time between the cut-off date for applying, and the date that results are announced.</p>
<p>And yes, people have financial reversals every year, or just plain find that their ED institution is unaffordable, so students do pull out of ED agreements very late in the game. However, given that you are wondering about this, it is clear that you know that you shouldn’t be applying ED to NYU given your situation, so just don’t. If it happens that you have already sent that application off, and you are starting to feel guilty about it, then email NYU, and ask that they move your application to the RD group.</p>