<p>Another example of how a college explains ED and the consequences of applying and of attempting to back out of it. This from Monrovian College's website. More evidence that it's very unlikely that a student naively applied ED not realizing the potential financial consequences or consequences of backing out.</p>
<p>"Q. WHAT EXACTLY IS EARLY DECISION?</p>
<p>A. Early Decision is an admission plan reserved for students who have identified a clear-cut first choice early in their college search. Students who apply under the ED plan are informed of the college’s decision much earlier in the process than those who apply under Regular admission and in return, these students make a commitment to attend if accepted.</p>
<p>Q. WHY WOULD SOMEONE APPLY EARLY DECISION?</p>
<p>A. Early Decision matches students with their first choice college, and allows for an early commitment and college choice. Students who apply under the Regular Decision plan won’t hear about the college’s decision until early spring. With Moravian’s ED plan a student may hear as early as mid-December about their acceptance, easing the anxiety of waiting to hear in the spring. Because Moravian only encourages students who have made Moravian their first choice, to apply ED, the Early Decision agreement is one of the best ways to match a student with the right college for the individual.</p>
<p>Q. WHY HAS EARLY DECISION BECOME SO CONTROVERSIAL?</p>
<p>A. In a word, ratings. Unfortunately, an increasing number of colleges are encouraging students to apply under their Early Decision plans so that they are able to keep their acceptance rates down. This use of the ED plan is controversial because Early Decision is designed to benefit students, and now it seems to many that colleges are using it as way to improve their ratings in guidebooks. As a result, colleges are filling their classes with Early Decision applicants, leaving less room for those who apply under the Regular Decision plan. At Moravian, we still adhere to the original spirit of ED with just under one-third of each class filled by Early Decision.</p>
<p>Q. IS IT EASIER TO GET IN UNDER THE ED PLAN?</p>
<p>A. The admissions standards for Early Decision candidates and Regular Decision candidates are the same. However, the acceptance rate for students applying ED has been higher than that of the Regular Decision applicants. One of the factors considered during the admissions process is the student’s level of interest. Committing to Moravian College as an ED applicant demonstrates the highest level of interest. Also, part of the process in selective admissions is comparing your candidacy with other applicants. Fewer students apply Early Decision than Regular Decision resulting in a smaller applicant pool and less competition.</p>
<p>Q. CAN I APPLY FOR ED AT MORE THAN ONE COLLEGE?</p>
<p>A. No. Early Decision is reserved for only those who have identified Moravian as their first choice. You may apply as a Regular Decision candidate to additional colleges, but you can only apply under the Early Decision plan to one college. If your application is approved under the Early Decision plan, you are expected to withdraw all other applications.</p>
<p>Q. HOW WOULD YOU KNOW IF I APPLY EARLY DECISION AT MORE THAN ONE?</p>
<p>A. Colleges share lists of students who have been accepted under the Early Decision plan. If we find a student has been accepted under the ED plan at another college, we will rescind our offer. And, the other colleges will typically follow suit. We take very seriously the spirit of the ED plan, and students need to do that as well....</p>
<p>Q. HOW CAN I COMMIT TO ATTEND IF DON’T KNOW IF I CAN AFFORD MORAVIAN?</p>
<p>A. If you are considering the Early Decision option, we will do our best to provide you with an early estimate of your financial aid package. That way, you can determine if your family can meet the costs of attending Moravian before making the commitment required of all Early Decision candidates.</p>
<p>Q. DON’T I LOSE THE OPPORTUNITY TO NEGOTIATE A BETTER PACKAGE WITH OTHER COLLEGES?</p>
<p>A. Because Moravian is your first choice, there should be no reason to negotiate with other colleges. Certainly, Moravian College is unlikely to be the least expensive college option for you and your family. If you are waiting for the best offer of financial aid, do not apply Early Decision. But, if you have found that Moravian is the right college for you, submit an early estimate and make the commitment."</p>