<p>I heard that if you apply Early Decision to a school, and the aid that they offer you is not sufficient, you can get out of your ED contract.</p>
<p>Has anyone heard of this tactic? Do you know someone who suffered backlash for doing this?</p>
<p>Thanks!</p>
<p>What I don't understand about all of that is, do you then have to wait a year to apply to schools again? If you applied ED you obviously had to withdraw from other schools; therefore, would an obviously qualified student have to miss a year of school because of aid reasons, as you don't get your aid package until way after deadlines? :/</p>
<p>From what I understand you find out about ED acceptances in December, and you have a month to withdraw all other applications. So all you would have to do is tell the college that you can't afford it, and keep all other applications out there.</p>
<p>There's more information on this topic in a similar posts about athletes. I didn't realize the post was out there when I asked my question.</p>
<p>Just in case you're interested:
<a href="http://talk.collegeconfidential.com/showthread.php?t=256346%5B/url%5D">http://talk.collegeconfidential.com/showthread.php?t=256346</a></p>
<p>um</p>
<p>that's why ED is for people who apply w/o regard for financial reasons.</p>
<p>that's why it's so controversial.</p>
<p>it's not that hard; i don't understand what's so confusing and "binding" about it. if you're not willing to give up your soul (and 46,000) for that college, then don't apply ED!!</p>
<p>It really depends on the instutition, I think. You don't necessarily need to apply ED without any regard for financial aid, especially if you're applying to a good need-based school. </p>
<p>And while I see your opinion on it, that doesn't necessarily answer my question.</p>
<p>Thanks for the link! Calling for an estimated package after acceptance makes a lot of sense. :]</p>