<p>Please RETRACT/RESCIND your applications, including UChicago - ASAP. Not only because you will be attending your ED choice, but because it also opens up a slot for an EA kid already, possibly one on a deferral list.</p>
<p>Please do this. I am sure you would want someone to do that for you, opening up a slot.</p>
<p>THANK YOU!!!</p>
<p>I second this notion. haha </p>
<p>PLEASE</p>
<p>Just a tip for anyone reading: yes, we do expect you to do this, and have made it easy to do so! We call it withdrawing your application, and there is a form in your UChicago Account where you may do this. If you can’t find the form, you can email your regional admissions counselor or our general inbox (<a href=“mailto:collegeadmissions@uchicago.edu”>collegeadmissions@uchicago.edu</a>) and let us know you would like to withdraw your application (we do need this in writing, and prefer email over post because it is much faster). Congratulations and best wishes to anyone reading who was admitted to their first-choice ED school!</p>
<p>^dat yield protection ;)</p>
<p>This would work in a perfect world but there are a lot of us who can’t withdraw until we receive our financial aid packages. I’ve applied to Northwestern ED and UChicago EA, I know I’ll be equally happy at both, and every cent matters for me as someone receiving zero help from my parents. If UChicago ends up offering me a substantially better financial package and Northwestern won’t budge, I won’t have much of a choice so I need to keep UChicago in my cards.</p>
<p>@Jamesesesess Correct me if I’m wrong, but isn’t Northwestern ED binding? As in if accepted you are obligated to attend, regardless of other acceptances or aid offerings?</p>
<p>@xxxxxxxxxxxx It is binding, but they will allow you to break the agreement if they don’t offer you enough financial aid and truly can not afford to go. That appears to be a common rule among ED schools as it would be pretty terrible to force a poor student to go to a school costing $60k+ a year when they aren’t being offered enough help. </p>
<p>@Jamesesesess Alright, that makes sense. Thank you!</p>
<p>Well…technically…yes, they let you out for financial reasons but they strongly encourage you to figure this out beforehand…by filling out the correct forms, etc.</p>
<p>That said – and yes im nervous about my decision tomorrow - i know of one classmate who did get into her top ED choice but is not withdrawing EA from Chicago simply because she wants to see if she gets in. So it’s being done for fun…grrrrrrr…</p>
<p>@GreyGarvin How am I supposed to know how much financial aid I’ll receive before I even get accepted? I mean, I’ve submitted all of the forms, PROFILE, etc. but I don’t understand how someone can know whether they can afford a school before they even get accepted. I’ve done the financial aid calculators for UChicago and NU but that’s only an estimate. </p>
<p>hey @Jamesesesess that’s an interesting question…im’ only doing EA (not ED) and didn’t realize that the calculators didn’t give spot-on predictions. In any case, good luck with all! (and to all of us as well 
</p>
<p>In truth it isn’t easy to get released from your ED commitment on the basis of financial aid. Indeed, you cannot be released because you are offered too many loans. You can only be released if you are gapped.</p>
<p>@jamesjunkers if you apply ED, then you are relying on the FA calculators to give you an estimation of costs. They cannot give you a solid number obviously because the info you put in is based on last year’s tax info and last year’s tuition/fees etc. Net price calculators are meant to give you an idea of how much it will cost, and if that number falls within your family’s range of ability to pay, then ED is a good route. </p>
<p>As many things, the devil is in the details. If you really want security in your FA package, then RD may be the best choice where you can then compare offers.</p>
<p>Good Lord, kids gaming the system, whether intentional or not is just wrong on so many levels. I saw on another thread where somebody suggested a clearinghouse list for ED students so this doesn’t happen.</p>
<p>Well then if you’re unsure of the financial aid you’re going to get, wouldn’t a better idea be to go for Regular Decision?</p>
<p>The whole point of ED is to ensure a student attends a school. Financial difficulties can and should be figured out beforehand. It just doesn’t seem right if someone is able to apply ED with admissions advantage, and then back out later if he or she is accepted to a higher choice, using the “financial difficulties” excuse (which could be easily planned beforehand using aid estimates).
UChicago gave me little financial aid, and I’m going to have to look around for scholarships/other aid to pay for it. But if Chicago had ED, I wouldn’t have used it (even though UC is my top choice) because I know I might have difficulties paying for it.</p>
<p>So, bottom line, if you don’t know if you can afford a school before you’re accepted, don’t bind. It seems fairest…</p>