<p>what does binding mean? is it like if i get accepted i HAVE to go there even if i hate their financial aid</p>
<p>hating "their financial aid" might not be an applicable reason to turn down an early decision acceptance. however, if your family simply can not afford the package, then i believe turning down a binding acceptance is justified. note, though, that if this is the case, be sure to talk to the fin. aid office, and who knows, maybe they'll boost your aid award.</p>
<p>I think the only way to get out of a binding ED agreement is if your financial aid situation doesn't work out. Not sure about the exact details though.</p>
<p>You could negotiate the financial aid package if you don't think it's enough or fair. If that doesn't work out for you, you can opt of of attending. Maybe you'd have to show or make your case on why you can't afford it.</p>
<p>wait...you're still accepted though, right?</p>
<p>like...if i dont like the fin aid for ED, i can still wait and see if another school offers a better package...will they take back the acceptance?</p>
<p>You will recieve your financial aid award in mid-December with their decision. You will have an early January (10th?) deadline to give them a response. </p>
<p>Read the rules carefully on the app; you should not ever be applying ED if you have doubts about whether you want to commit. If you don't have a good reason for rejecting the ED acceptance your hs guidance counselor may refuse to assist you on applying to other schools; it looks terrible for your hs if ED students back out. And if other schools know about it, they might not accept you because it is considered unethical to back out.</p>