<p>bumpety bump!</p>
<p>It is NOT easy to "get out" of an ED contract for "financial reasons". Basically, you must show a marked financial hardship that occured AFTER the application was submitted to be released from ED.</p>
<p>They also blacklist your school, and you'll probably have a very hard time getting accepted to other schools.</p>
<p>I found this on another thread discussing the same topic.
<p>If you back out for flimsy reasons (Such as, "Oops. My parents don't want to pay that much for college. We'd hoped I'd get lots of merit aid or a full ride" even though the college gives relatively little financial aid to anyone and we don't qualify for much") then the college will likely hold your GC accountable and not accept others from your college - perhaps for years.</p>
<p>This will cause your classmates and their younger sibs to be ticked at you.</p>
<p>As someone said, too, colleges compare ED lists, so if you back out of ED, there's a good chance that other colleges will reject you on principle. They also may withdraw acceptances you've received if, for instance, you managed to do something like apply to 2 single choice ED schools.</p>
<p>Trust me, too: It is not a trivial thing for one's GC to be angry at you because wherever you go, you'll need the GC's help for things like recommendations, end of year transcripts, scholarship application recommendations, etc.</p>
<p>If you aren't sure that you want to go to the ED school and/or if you aren't sure you can afford it, then don't apply ED. There are plenty of other good options.
</p>
<p>So what do you think about Early Decision to Notre Dame. </p>
<p>1860 SAT, a bit below average electives, Very Good but not Top 5 in class grades, taking hardest courses offered. With good essay and Recs, does it increase my " Extremely Slim" Chances so the chance is now "Not very good". ????</p>