<p>Is there any way out of an ED acceptance other than an inability to pay once you receive your financial aid information? I'm not in this position, I just want to know how it can be done. Also, would it ruin your chances of going anywhere else? Thanks a ton.</p>
<p>Only do ED if you REALLY want to go to that particular school. If you get accepted the only way to not go is w/ approval from the school, but to them thatd be very very tabu seeing as it defeats ED's purpose.</p>
<p>marauder -- I don't think inability to pay is an acceptable way out of the ED commitment, either. You are to consider your ability to pay before you agree to ED. I know that I have specifically seen warnings that say if your attendance is contingent on a specific amount of financial aid, you should not apply ED.</p>
<p>where do you want out?</p>
<p>I don't, we were discussing it in class today, and no one had a clear answer.</p>
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Also, would it ruin your chances of going anywhere else?
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<p>Yes, not only can it ruin your chances it also ruins the chances of your classmates that may vant to attend that school.</p>
<p>ED is based on a good faith agreement that if a student applies early and is admitted months before the regular admissions date, that s/he will attend.</p>
<p>If you are admitted ED, you are required to withdraw all of the applications that you have out and not initiate any new ones. Colleges share ED (The ivies even have a joint statement telling you that they will not accept you if you are committed ED at another school) lists as Ed is considered a "gentlemen's agreement" and the colleges commit not to take a student who has committed to another school. </p>
<p>Backing out of ED affects your class mates because your GC is responsible for explaining and ensuring that you understand what ED means. If you have been admitted ed, s/he is not suppose to send oaut any addtional recommendations, midyear reports, transcripts for you because you are committed to another school. when s/he breaks the ED agreement, they loose their credibility with the colleges (remember admissions are also built on relationships between schools). Essentially, your school may be black listed and the college may not admit other students who are applying because your school now has a reputation for not acting in good faith.</p>
<p>arent you supposed to tell them yr ability to pay so that later if they dont give you enough financial aid...you can still back out.
well one other way is to do something REALLY BAD in their campus, so bad that they will be forced to take their decision back.</p>
<p>yes...and bTW...what really does happen to students who betray the ED agreement. Anyone with real examples?</p>
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arent you supposed to tell them yr ability to pay so that later if they dont give you enough financial aid...you can still back out.
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<p>The school determines financial aid based on the income and the assets of you and your parents not what you say you can afford to pay or are willing to pay</p>
<p>If a college does allow you to back out of your ED agreement, it would be to attend a more affordable option like your locap public university.</p>
<p>my understanding was that you were to generally know your financial situation before applying and could only back out if the aid package given would not allow you to attend -- not that you didn't like the amount of loans or the amount of the EFC or you don't want the work study. I think proving that you can't afford it to back out is tricky.</p>
<p>Also keep in mind that some top tier schools, especially those that directly compete with each other for students, have agreements to share the names of students they've accepted ED. If your name is on the ED list for one school and you apply to another, the second school will likely let the first school know and you'll be out on your keester for breaking the ED agreement.</p>