<p>I live in Georgia and I am planning to apply early decision to Emory University as I really want to go there. My only holdback is the financial aid offer. I know that Emory may not offer me as much financial aid as I would want, and if I have problems with paying the tuition, I know I can release my admission. But since Emory is early decision, if I release my admission, would I still be able to accept admission from other early action schools that would probably offer me a much better aid? And would I still be able to apply regular to any other colleges if I do release it without any disadvantages (besides having to apply regular)? And If I do get into Emory and release my admission from Emory, could I accept an early action offer from another school (that would mean that I didn't withdraw my applications for that school right away)?</p>
<p>Why are you bothering to apply anyway if you know you cannot afford it? There is no point in even applying if you can’t afford the net price calculator’s figure. Yes, you can be dropped out of a early decision contract if you can’t make up the net price they give you. Nonetheless it is a lot of unneeded stress since there is usually a lot of hoops to jump through to actually have the contract completely gotten rid of.</p>
<p>You can accept an invitation anywhere if you are out of an early decision contract.</p>
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But since Emory is early decision, if I release my admission, would I still be able to accept admission from other early action schools that would probably offer me a much better aid?</p>
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<p>you wont know those FA offers til spring</p>
<p>Do the NPC. If you know you will not likely received enough financial aid to afford that school, do not even apply ED. The escape policy is actually for those who think it may be affordable but turned out to be not. What is the point to waste your money and time. Also, check with your GC for your school policy. My D’s school would only support the students’ in state public college applications if declined an ED for a financial reason. Basically, they want the students to think it through before applying and not to use a financial excuse to escape the binding agreement.</p>
<p>If I don’t get FA offers until spring, does that mean if I do get into Emory and after getting FA offer, decide that I could not afford it and break the contract, I would not be able to apply to other schools then? All of my schools’ regular deadline in January 1. How would I go to any college if my decision to break the contract or not will be decided after all admission deadlines??</p>
<p>And I did do the npc and I most likely CAN afford Emory. I just want to know about it more.</p>
<p>When you apply to Emory ED, you are supposed to complete an estimated PROFILE, I believe. Do look at the instructions. The estimated PROFILE which is using last year’s (2013) info upgraded to the best of ones ability, wil be used to come up with an estimated financial aid package for you, If you are accepted to Emory ED and applied for fin aid, filled out the estimated PROFILE, you will get an estimated financial aid package. You have a given amount of time to accept the fin aid offer, or work it out with Emory fin aid. If it is not affordable, you request to be released from the ED contract. If you accept the package, you must contact the other schools to which you appled and rescind your application due to ED accept. You are NOT permitted to apply to any other colleges once you’ve agreed to the ED offer. </p>
<p>THe problem with ED is that when you get your package from an ED school, you have to decide whether you will take it or not without comparative offers, and you have a small window of time to accept or decline it at a very busy time of the year. You can have your other college applications ready to go out or out already along with the Emory ED app, but you have to let those colleges know when you get your Emory ED acceptance (with estimated fin aid offer) if you are going take Emory’s offer. Schools do share ED acceptances, so this is not something to play games with. You can loose it all if you break ED commitments. </p>
<p>But you will get an estimated ED package along with an acceptance if you get your info in on schedule .</p>
<p>If you don’t know what you are doing with ED and don’t understand the ramifications of it well, it’s not a good idea to apply ED, IMO.</p>
<p>Thank You, sptotofthehouse.
Does that mean that I can hold my acceptance letters for others schools (for a limited time ofcourse) and do not have to withdraw applications to those schools until I am absolutely confirmed on attending Emory? And until I make a decision, those early action schools won’t show me my FA offers?
Sorry I’m asking all these questions, but I want to know all of my possibilities and chances of some things going wrong </p>
<p>You would have to make a decision on the Emory ED offer before you see fin aid packages from any of your EA schools.</p>
<p>I think it would be best to apply regular decision. </p>
<p>Is it even worth applying to a school at all if you know it won’t be affordable?</p>
<p>We have been saying the same thing over and over again.</p>
<p>Op does not understand the way it works for ED and if this student AND the parents do not understand, it’s not a good idea to apply ED. That’s where the problems often arise. I dislike ED for that reason. When it works, it’s beautiful, but when it gets messed up, and Ive seen it happen, it can really be a problem. Colleges do take ED seriously and when a student is caught fooling around with the rules, a shut out can occur. That happened in this area a few years back. Parent swore up and down it was a misunderstanding, and possibly was, but the colleges involved did not care and both rescinded admissions and offers.</p>