i don't understand

<p>Ok, I understand that early decision is legally binding, however... what if you want to get out of it... like it's not as if you are selling your soul. What are the terms in it? Is it a ridiculous fee? Cause some fee i could handle.. but can they put you in jail? I mean what happens if like you win the lottery and no longer need college, or you decided in some freak realization that that school wasn't the right place for you. Every one says don't do early unless your sure... But what if you thought you were. I mean I'm just wondering before I commit myself to something.</p>

<p>Well, schools share a list of students, meaning that if you break the deal with one school, they can tell other schools what you did. In the worst of cases, all the schools you applied to may revoke your admission.</p>

<p>oh god... thats horrible.... anything from a legal stand point though?</p>

<p>Well, you do sign a contract when sending in the application, so I imagine the case could be pressed if the school wanted. Not sure if they would actually do so.</p>

<p>No, it's not legal, just moral. Your school counselor needs to sign saying they have explained to you what the committment is. If you don't hold to it, it loses credibility for your counselor and the kids who apply from your school in the future.</p>

<p>I think it may be legal, you do sign your name and everything.</p>

<p>They won't prosecute you or anything, but you'll basically be blacklisted from every other college...</p>

<p>wow... but why can't i apply to other schools?
can you transfer?</p>

<p>It's not that you "can't...."</p>

<p>It's that schools won't WANT a liar that breaks his/her word.</p>

<p>Why is this so hard for people? Only effing apply ED if you can afford it and LOVE the school and know it's where you want to go. There's no way around it...........</p>

<p>1) It is legal. Contracts are legally binding documents.
2) No school is going to 'come after you' for breaking the agreement, but
3) Few other schools are going to be willing to admit you. Some will, though, no doubt.</p>

<p>[url=<a href="http://college.mychances.net/view/?id=20&app=college%5DNash%5B/url"&gt;http://college.mychances.net/view/?id=20&app=college]Nash[/url&lt;/a&gt;]&lt;/p>

<p>Well what if you apply early decision to two college's, and get into both of them... and break one of the contracts and go to the other school what would happen then?</p>

<p>I think counselors are supposed to prevent you from doing that.</p>

<p>Well what if you apply early decision to two college's, and get into both of them... and break one of the contracts and go to the other school what would happen then?</p>

<p>You arent very informed. The purpose of ED is it shows you are pledging your troth to ONE school.</p>

<p>wat if u find out u cant afford it?</p>

<p>Inability to afford the college is the one out I'm aware of.</p>

<p>If you apply early decision to two colleges, you are lying to both of them. The applications include a commitment that only one school is being applied to.</p>

<p>Usually the school will offer plenty of aid to ED applicants because they have pledged to go there. Only a very few get out of it.</p>

<p>And most who break out of ED go to their state schools. You can't say "I don't have enough money" and turn around and go to Columbia or something. They will check on you and follow you to see where you can afford and where you are going.</p>

<p>90% of the time they'll just throw more loans at you until you can afford it.</p>

<p>misterme2009 -- the schools do not necessarily offer good aid to ED applicants. they are not needing to attract candidates (you are already saying that this is the only school you want to attend) and so they do not need to woo you with aid. </p>

<p>If you are at all concerned about finances, do not apply ED!!! This has been said again and again on CC. The boost is not worth an aid package that gaps and has tons of loans. If you need FA, you need to apply to several schools and compare packages.</p>

<p>The exception to this is the schools that pay a full-ride to those whose parents make less than a certain amount (i.e.Harvard expects nothing from parents who make less than $60,000). if you know that your parents make less than the stated amount, you know the aid package -- so you can apply ED (or whatever that particular school offers)</p>

<p>erm to the person who said only apply ed if you love the school, simple as that... i apologize, but i dont have to love the school... it's all a matter of opinon. I need a good degree from a good school, and i don't care where i get it from, i can tough out four years if it sets my future in place, its a risk im willing to take. Pre vet is competitve enough. And I was just curiouse, if i get accepted... i would go lol.</p>