If I applied early decision to a school that’s tuition happened to be 70k and they offered me only half could I break The agreement for a regular decision school that offered me 90 percent of their tuition
You will not have your regular decision acceptance and financial aid package…unless this is a rolling admissions school.
Once you have accepted the early decision offer of acceptance, you will be REQUIRED to withdraw all other pending applications and offers of admission.
So…how will you know that you got a 90% tuition award at the RD school when you will have to withdraw your application?
And if you knew that this school you applied to ED was unaffordable, why did you apply there? Also, if you are talking about NYU, the school doesn’t guarantee to meet full need…and they don’t.
If you think that your ED school might not give you the aid that you need, then send them a quick email, and ask to be moved from ED to RD.
If you need to compare FA offers you need to move to RD.
What school’s tuition is $70K?
(hint: it’s not NYU- their tuition is just under $48K).
The cost of attendance for NYU is just over $70,000 a year. I’m guessing the OP really meant the full cost of attendance…not just tuition.
So in the end if I cannot accept the schools financial aid package for Early Decision can I just tell them its not feasible and break out of the agreement without any repurcussions?
@thumper - yes that is the COA- not the tuition. Looking at the OP’s history it appears as if he/she was considering several schools in that price range.
If you get accepted ED, you will,have a very short window of time to accept the ED offer which will come with an estimated financial award. Yes, you can say NO to the offer if you can’t pay for it.
But why wouldn’t you just change your application to RD so that you could,compare offers amongst schools? Why?
Also, did you run the net orice calculator for your ED school? What did it say your net cost would be? If not affordable, why did you apply ED?
If your parents can afford to pay but don’t want to pay, that will not release you from your binding agreement. the school will see their finances.
True, Tom. But there isn’t a school anywhere that will force a student to enroll when the student says the school is not affordable.
But really, if this is the case, an ED application is a waste of time.
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@TomSrOfBoston If your parents can afford to pay but don't want to pay, that will not release you from your binding agreement. the school will see their finances. <<<
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That is not true. You will be released if you say that you can’t afford the school…even if the school sees that your family has an income that appears that the family could pay.
We have long moved past the idea that ED is really binding at all. The ED threat has long been shown to be a paper tiger with no bite…at all.
In fact, if you reject an ED school that gave you an EFC of, say, $20k…and then you rejected it based on affordability…and then 4 months later accept an RD offer with the same pay expectation, there is no “look back”. The ED school doesn’t call you out. Very likely, they don’t even know anything about it since they’re not privvy to what another school offers you later.
I would also wager that if a student did not apply for FA (family believing it’s affordable), and then the student is accepted, the student can STILL reject the school. I’m sure that’s happened, and over the many years that ED has existed, we’ve never heard of ANY student being “required” to attend or face some sort of punishment or fine.
ED is a joke and should just become EA.
I don’t understand why anyone would apply ED to a school if the odds where this good that it would be unaffordable.
One of the challenges that you may face from the high school standpoint is that when you are accepted ED, you are suppose to withdraw applications and not make any new ones.
At my high school, if you are accepted ED the process stops (no more transcripts are submitted, nothing else is sent to the school) until you provide proof that you are either enrolling or you show notice that you have been released from the agreement. Because this usually happens right before you go on to winter break, you could find your self not getting some paperwork in on time. Our school will also inform the other colleges that you applied to that you were accepted ED and have not been released, it that is the case.
Remember your school signs off on the ED agreement that you understand the ED process and they will not jeopardize their relationship with the colleges and how it affects other students from your high school because you and your family did not do their complete due diligence.
Have you sat with your family and run the net price calculator? Are your parents comfortable with the results? If there is a remote chance that they are not, switch your application to RD.
There have been stories on CC about High Schools being black balled for a poor ED actor.
^ Admissions can be rescinded if a student accepts an ED offer, does not withdraw other applications and then accepts an offer of admission from another school. In the case I know of, both schools withdrew the offers of admission.
Right. If this student accepts an ED offer, all other applications MUST be withdrawn.
Again I ask…how will this student know a regular decision financial aid award in time to make a ED acceptance decision? The RD financial aid awards are typically not sent until March…or April. long after th ED decision will have been made.
No way to compare offers…unless the OP is applying somewhere where her stats would give her a guaranteed merit award.
But really if this is unaffordable, why did the OP apply ED? I am going to guess it was for the perceived admissions boost…which is negligible. In addition, an acceptance without sufficient aid to,attend is just like a rejection.
The OP might not have good success with th NPCs as other threads indicate her parents are divorced. The NPCs are not accurate for students with divorced parents. The schools the OP has listed require the Profile, from both custodial and non-custodial parents.
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There have been stories on CC about High Schools being black balled for a poor ED actor.
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That may be so, but it’s kind of sick that a college punishes the innocent because it can’t “reach” the “offender.”
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^ Admissions can be rescinded if a student accepts an ED offer, does not withdraw other applications and then accepts an offer of admission from another school. In the case I know of, both schools withdrew the offers of admission.
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@fallgirl I don’t see anyone suggesting that scenario. The issue is rejecting an ED admission.
However, in the case you described, I wonder how either school knew about the other.
^ I didn’t see anything that indicated the student was trying to do this, just warning her/him that it’s not a good idea.
I have no idea how the schools found out about the student. The student accepted an ED offer and then 5 or so months later suddenly tells that school he won’t be attending, maybe the school followed up with the high school. IDK how it happened. I just know it did.