<p>No, it will not increase your chances a lot. It might not increase your chances at all. (There are many threads covering the early decision debate - you might want to do a search.) The most qualified students are often the ones applying early decision, so your competition will be tougher and the acceptance percentage may be only a tiny bit higher.</p>
<p>You don’t just submit one application when you do early decision. You still put together a list of safeties, matches and reaches. Only ONE application can be an early decision application, but there is no limit on the number of regular decision applications you may submit.</p>
<p>IF you are accepted early decision, you must withdraw any other applications you have submitted and not submit any further applications. You must go to that college, even if one you like better also accepts you. You will not have the opportunity to compare financial aid and scholarship offers and may find you cannot afford to attend. At this point, you do not have enough knowledge or information about the application process or your qualifications (no test results, only frosh and soph grades) to know if early decision would be a benefit or a disaster.</p>
<p>Work on the stuff you need to do now: keep your grades up and prepare for your testing.</p>