<p>I would advise Juniors not to apply binding ED unless you KNOW a school is your top choice, and you KNOW your family can afford the EFC. Renigging on binding ED is risky. An RD admission can be withdrawn if the school learns you bailed on another school’s ED. I have friend who’s been HS councellor for 30+ years and she’s seen it happen several times. Plus it puts future students at your HS at a disadvantage with that school for years to come.</p>
<p>If you know a school is your top choice, and you can afford it, binding ED is fantastic.</p>