Binding Early Decision

<p>Okay my reason for this is really long and complicated and hard to explain, but if you really want to know I can try to explain via pm.</p>

<p>Pleeaaase don't tell me I shouldn't have done ED because I know and I regret it and a bunch of people told me I shouldn't have. I get it but whats done is done.</p>

<p>Trust me, I love Cornell A LOT but I have my reasons.</p>

<p>On the Cornell website, it says "If a student applies and is accepted under early decision, but the financial aid package awarded does not make attendance possible, the student may decline the offer of admission and be released from the early decision commitment."
My question is, will this effect my other chances at other ivy leagues? or even other "good" colleges in general? I browsed around this site and I saw some people said it does, especially the ivy's but I wanted to make sure.</p>

<p>Would I need proof that the financial aid package is not enough? Or is it just my word? :( Gahh please help me guys.</p>

<p>I have a lot more questions as well so if someone that is knowledgeable in this can PM me, that would be great.</p>

<p>It is just your word; no further data is needed. Some schools exchange some ED info; we don’t know which schools nor which info. If you turn down one school’s offer, there’s no point in another school’s making you the same (net) offer; you couldn’t afford them either. With ED you must be prepared to decide “Can I afford it?” without seeing other offers; it can be a tough decision!</p>

<p>Actually you should check that out…usually it’s “demonstrated financial hardship” - you need some proof…not just “hey, oops, I changed my mind!”</p>

<p>Here’ the rule:

You just decline the offer. Consider the alternative, that your “proof” is not accepted, you’re somehow compelled to attend, and then expelled when you can’t pay the bill; it doesn’t happen. No school wants someone who doesn’t want to be there.</p>

<p>Cornell will meet 100% of your demonstrated financial need.</p>

<p>If you have been accepted, you should be thrilled. No other Ivy League school can match the breadth and depth of Cornell. (Unmanned missions to Mars and fat free icecream projects on the same campus…match THAT Harvard!)</p>

<p>And, there is something special about the campus. Cornell grads live and work in London, Paris, Tokyo. Hong Kong…and a favorite topic of conversation is “when is our next reunion at Cornell?”</p>

<p>If you apply regular decision to a HYP school, you have a 10% chance of admission. If HYP find out you can not be trusted to honor your word, that chance drops to zero.</p>

<p>vonlost, should I call or email Cornell? If I email, I feel like I’ll be more specific/or “eloquent” in my explanation but obviously there are some cons to emailing</p>

<p>The ED acceptance package should say something about the subject. If you are declining for financial aid reasons, they may ask to talk to you about the situation, to figure out how to solve the problem. When a financial aid applicant is accepted ED, the school really wants you to attend. :)</p>

<p>If you truly have financial reasons for backing out of ED, Cornell will try to remedy them, since they promise to meet 100% of demonstrated need. If you repeatedly decline, then it’ll become apparent that you’re just not willing to commit. That’s when other schools can be notified.</p>

<p>Do you really want to risk it? I’m not asking rhetorically. There’s always the chance that Cornell will let it slide, but if they don’t and your RD schools find out, you could be out of luck next fall. All top-tier schools, especially the Ivies, respect and take ED commitments VERY seriously. Like alanhouston said, no school will want to accept a student who’s failed to honor his/her word in the past.</p>

<p>Alternatively, you could attend Cornell for a semester and then transfer to another school. Just something to think about.</p>

<p>I do hope, whatever happens, that you find the solution that works best for you.</p>

<p>Do you guys think I should just talk to Cornell about the financial aid thing and if nothing can be worked out, get out of the ED agreement?
Or should I just attend Cornell for one semester even if the financial aid cannot be corrected, and then if I don’t like Cornell, I transfer to a state school (transfer students get bad aid too right?)</p>

<p>Can you explain why you want to get out of the ED agreement? The reason behind it will definitely change what your best course of action is.</p>