@NYCMomof3 When do you find out the money part of the ED acceptance?
To those with good news, congrats! To those whose child was deferred or rejected, hang in there. The additional application expenses and time spent on applications instead of family time are a drag to be sure. Way back when, we had experiences with both sides. I will say that my kid who received an ED rejection wound up at a college that has been a much better fit than I felt the ED school would have been. Sometimes, I do think things happen for a reason.
@doschicos I’m not sure about when I will find out about the $$ from her ED school. She still hasn’t received the acceptance packet so I’m hoping there will be some info in there. If not, I will call the financial aid office to find out when that info will be sent out. I am praying the acceptance packet has FA and scholarship news.
My DS got one acceptance from an EA school, but didn’t receive any merit money so we don’t know if it will be financially possible. We’ll have to wait until the spring to get info on FA. We are still waiting on 5 more EA schools. In the meantime we too are going to be spending lots and lots of money sending out more applications on the common app. I think that in total his advisor is having him send 17 applications! I’m really nervous about the whole process. He has a wonderful ACT score, but his B average is also killing him. Doesn’t everyone know that a B average at Groton is really good!!
“He has a wonderful ACT score, but his B average is also killing him. Doesn’t everyone know that a B average at Groton is really good!!”
A lot of colleges will know the grading scale of the boarding schools. That’s why naviance is so helpful as opposed to using outside tools. Plenty of BS students with Bs do just fine. It won’t get you into an Ivy without a hook but there are plenty of good colleges a step or two down that would be happy to have your son.
So how many schools are your kids applying to? My daughter has 16 on her list, and my son has 11. @momto4kids, I’m reassured to hear your son is applying to more than my daughter is!
My Daughter started with 7 schools (1 ED, 3 EA, 3 RD). To date she’s only sent out her ED and EA schools (4 total) and she’s reluctant to send out the others. If her ED or EA schools don’t offer enough $$ then she will send out the RD apps.
@nynycasino1234 My kids applied early to one of the most selective schools out there. Getting deferred was no surprise, but it was still a disappointment. Best of luck to everyone for RD!
GMCkid applied to 15, but 5 of those are UC system which was more about ticking off the boxes. No ED/EA here - hence the large number of applications, uncertainty and stress.
There was talk of ED but in the end… it seemed too early to commit. I see a lot of pressure to apply early, to greatly improve the odds of an acceptance. Its discouraging that some of Dewey’s schools are asserting how much easier it will be to compete if they commit now. Lots of hair loss as we consider what that may look like this spring. Ugh
I’m confused because I thought ED was binding. In fact DS school requires the students to inform other colleges that you are withdrawing applications if you get accepted ED. Can someone explain to me why some students can wait for FA even if ED? It is based on the NPC, that if they don’t come through with the NPC FA amount, then it’s ok to rescind? But it still seems like there is more gray area than that…
It is, but if you can’t afford, you can’t afford. So a college won’t force you to attend if it’s unaffordable.
NPC works well when the financials are fairly straightforward, but even still, will rarely match the final offer to the penny. When the finances are complicated, the actual FA amount may differ greatly. If the NPC kicks out a number that is unaffordable, then it makes no sense to apply. But if the final offer is vastly different from the NPC, you can decline the ED school.
@sunnyschool I was under the same impression but someone who went through this process last year and whose child needed $$$ told me what @skieurope just said. Also, my daughter’s ED school has what they call a friendly early decision for those who need $$$ in order to attend. They won’t hold us to the contract if we feel we can’t afford it.
One thing I should have mentioned; ED agreements will typically have a clause which states:
So if the FA offer comes, and it’s not affordable, you do not have to withdraw other applications, but you would have to decline the ED spot. There is no possibility of trying to negotiate with the ED school with a better offer from an RD school.