I’m applying to NYU next year ED I. However, I might not get into CAS, but I think I can get into LSP. However, since LSP is not my first choice, do I still have to commit to NYU?
They will let you out of the ED agreement if you do not get your first choice.
What about for financial reasons? I know when applying ED, you have to make sure you can afford it, but what if they don’t give you the aid you expected? Can you get out of ED?
Yes. If you cannot afford it you can get out. NYU seldom offers financial aid that meets full need. However, if you know going in that you will not get financial aid (EFC too high), then it would be a different situation.
You would need to decline right away though. You could not wait and compare other financial offers.