<p>Hey guys,
If a student is accepted through early decision and decides not to attend, what is the fee that Cornell charges to terminate the acceptance? I know that Cornell's ED is binding if you get in.</p>
<p>Thanks.</p>
<p>I don’t think it’s as simple as a fee…as you stated, ED is binding, and very hard to get out of if you don’t have a really, really good reason. Of course, Cornell can’t force you to attend, but breaking the <em>binding</em> ED contract will certainly leave bad feelings and may even jeopardize your high school’s relationship with Cornell.</p>
<p>There is no fee, you cant pay yourself out of a contract. </p>
<p>You can really only practically break the contract if its a matter of financial problems (they don’t give enough money/you can’t pay for it). If you break the contract just because you don’t want to go there anymore, you will, like californiadancer said, ruin cornells relationship with your highschool and risk having you acceptances to other colleges you applied to rescinded.</p>
<p>Hmm… I’d be careful, I’ve heard some schools will charge you 1 semesters tuition</p>
<p>Oh, thanks for the replies. I could’ve sworn I read somewhere that they charge a termination fee. The only reason why I would consider it would be if the aid package wasn’t sufficient for me.</p>
<p>The only “fee” of sorts would be the loss of your admission deposit.</p>
<p>Like others have said, breaking your ED contract is bad. I had to do it years ago at U of R, and it’s nothing something I’d want to do again.</p>
<p>i remember reading that the finaid package not being sufficient is a valid reason for getting out of the ED binding</p>
<p>If you need FA, do not apply ED.</p>