Does applying more quickly give you financial aid/scholarship results more quickly?

<p>I wanted to know if applying in September/October (early action) would give you notifications of scholarships more quickly than would applying in November (December 1 being the deadline for merit aid). I want to know so that I can decide whether to apply to Rutgers early, hoping for a great scholarship, or to single-choice early action Yale. Any help would be much appreciated! :D</p>