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<p>Lets say applied ed , needed a massive amount of financial aid and got accepted. If I couldnt take the remaining as a lone (or couldnt pay for it at the time) and the aid wasnt enugh. Can I drop the ed and go for another school as reg app?</p>
<p>Yes. If you prove to the college that you cannot afford it, even after financial aid, then you are released from your binding ED agreement. Then, you can attend a college you can afford.</p>
<p>You should not apply ed</p>
<p>Yes, it is important to note that it is generally a bad idea to apply ED if you have a large financial need. You will be unable to compare financial aid offers from various schools, then.</p>
<p>Yes you can withdraw from an ED acceptance IF the finances don’t work out. But why would you apply ED with the idea of doing this? Clearly you aren’t interested in a binding acceptance. Apply RD and don’t game the system.</p>
<p>Depends on the school. Your parent’s salary if you apply in November will still be your parent’s salary if you apply in January. So if the school is need based, and all it takes into account is your parent’s salary/assets/etc., then applying ED won’t hinder your package. However, if the school you’re applying to gives out merit aid or other scholarships, yeah ED could be selling yourself really short.</p>
<p>Yes, you can plead inability to pay the amount the college feels you should pay. You and they will try to come to some agreement, and if you cannot, then they will release you from the ED contract.</p>
<p>Bear in mind that you will get your ED acceptance most likely in December just as things are shutting down every where for break. You have to get agreement from the school, that things cannot be reconciled before you are released from the ED contract. You may have to submit other papers and proof of finances. You could already be on the ED accept list getting yourself thrown out of consideration from some schools. It is a pain in the neck. </p>
<p>Also, if the school has merit awards, you may not be considered for them as an ED candidate, and if you are, you won’t know till spring. That ED school could well be your best shot for financial aid because most schools do not like to have kids who apply ED have to withdraw, and they will generally give a fair package. You have no idea or comparison since the ED school is your only response.</p>
<p>thx 4 replys 
but wow wow, dos that mean ed fin aid is lower than rd?
and culd i make it, after being released fro ed would i have time to app rd to a random school (assume)</p>
<p>ED Financial Aid isn’t inherently lower than RD financial aid. There isn’t always a difference, but the problem is that applying ED gives you less time to compare financial aid offers. If you need a lot of financial aid, applying ED is usually not a good idea. Most schools can’t meet full need, and if you have high need then you might as well use the time to work on merit scholarships and compare aid offers.</p>
<p>If they give you a package in say, Dec. and you can’t afford it then, you withdraw, and apply to other schools you can afford.</p>
<p>Just make sure you have your RD apps pretty much ready to go in case the FA award is not workable.</p>
<p>Generally if you have large financial needs, you should not apply ED. It is OK to say “I will apply ED and if I do not like the aid, I will turn it down”. First it is difficult to prove that and second you really do not have a basis to compare. Let us say the ED school gives you an offer that needs you take $10000 in loans and covers the rest. Is it good or bad aid? Can you really qualify for those loans etc? It may take you time to even determine if the aid is affordable and by that time you have missed the RD window. May be another school not that reputed gives you better aid. It is better to apply EA and RD instead of ED.</p>
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<p>I was never made to “prove” it. I simply told my ED school with my newly adjusted package that I’d have over $130,000 worth of debt after four years if I attended and thus would not go. </p>
<p>The statement was true, they didn’t make me back it up with anything though. </p>
<p>I would still not apply ED because as an ED student the financial aid package you get in Dec. can change by a LOT come the RD round- maybe your parent’s income changes, or maybe (like my school) they “overbudgeted” and adjust accordingly.</p>
<p>That is to say, it’s not that hard to be released (from my experience) from an ED contract, because it IS based on what you and your family personally believe they can pay, but it’s not the option that you really want to take or go through anyways. And despite being released, my ED school continues to send my parents the School Magazine, and assign me with a “big sibling” older student, as well as- audacity of all things- ask for donations.</p>
<p>It’s not worth the hassle, frankly, to apply ED and then rescind.</p>
<p>I think it depends on the school. Yurtle’s experience is unusual. My kid applied ED with huge financial need, it worked out just fine. It’s a lot easier to advise with more info, such as rough income and assets and the particular school at issue.</p>
<p>Let’s back up here…NASA…WHY do you want to apply ED?</p>
<p>It depends on the school’s ED policy. Some are not “true” ED, but rather “EA” which will not lock you in to that school if accepted.</p>
<p>XU…schools have EA or ED or both. If a school has ED only…early decision…it is NOT EA (early action). </p>
<p>Certainly if a student wants to get an early acceptance, applying to schools that have Early ACTION (EA) or Rolling admissions is a good way to go. Acceptances are not binding and the student can apply to multiple schools and compare offers.</p>
<p>BUT some schools do NOT offer EA. They only have ED.</p>
<p>Thats…what I was saying? That some are strictly ED but others are EA, and that it varys from school to school so just check to make sure.</p>
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<p>Xu…I think we agree but this from your post sort of made it sounds like some ED are not “true ED”. If it says ED…it means ED…not EA. Agreed…check each school for its policy. Also know that a few schools also have SCEA (single choice early action) whereby you can only apply to that one school early but the acceptance isn’t binding should you receive one.</p>
<p>I don’t understand why the OP wants to apply ED anyway. I don’t see how it could possibly help her; I wouldn’t go so far as to say that it’s dangerous, but it just seems like an unnecessary complication.</p>