... if you want to go to a school that hasn't offered as much money as others have (not comparing exact dollars, but as compared to the percentage of total estimated costs to go there, or the remaining uncovered costs). How much does timing of when the application was submitted matter? (ASAP, vs. just at the deadline, and EA or RD factors, etc?) My daughter applied to 14 schools, No Early Decision applications, 8 Early Action (accepted to 7, deferred to RD by 1), and 6 Regular decision, all just at the deadlines.
I just discovered this site, our first child is starting college (SOMEWHERE unknown) next fall, we started the process years too late it seems, and I don't understand how she should react/respond to schools who have accepted her already, with financial offers ranging from $20k/yr to $46k/yr, when she won't hear from 5 others (4 of her top 5 overall) until mid-march, and who knows what they will or will not offer. They're (4 of her top 5) are also among the most expensive of the schools applied to and we're not sure they do much in the way of "merit" aid, so that's a concern we won't be able to factor in until a month prior to final commit dates.
And what about Honors Colleges/Programs within those schools, and special housing that is first come first served? If we wait until March to respond to the current offers, will that be too late?
Ugh! This is quite overwhelming for everyone, especially our daughter who can't expect much financial support from us. So money matters, even though we want her to follow her (expensive) dreams. How does this all work out? What about the money offered to the applicants that don't accept? When does that get freed up, and could it go to someone who has already received an offer?
Sorry for rambling on and on. I have so many questions.