Early Decision and Financial Aid.

uskoolfish
Wed, 03 Jul 2013 23:21:21 +0000

vonlost, I agree with your assessment. The reason we let our younger D apply ED to NYU–knowing that we would be full pay–was because we wanted to get the college admissions process over with. Although younger D had applied to other schools that gave merit for EA and RD, we decided that we would ultimately let her attend NYU since it was her first choice by far and we all thought it was the best fit for her.

In essence, we had thrown in the towel. We had already been down this path with older D, and in the end we let her turn down merit $ and attend NYU, so we knew that ultimately we would make that same decision again.

So what was the point of prolonging the agony?

However, if you can’t afford to make a choice like this, there is no upside to ED at NYU. When Carmen617 speaks of a big difference for some schools between % admitted ED and RD, this scenario does not apply to NYU. If anything, the statistics show your chances may be slightly lower as an ED applicant. And obviously ED athletic recruits really do not exist at NYU in any great number.

chaptertwo, the downside is that if full need is not met, you have to make a decision to deposit or not. If you don’t put down a deposit within 30 days or so to secure your acceptance, the school will withdraw their offer. That thirty day period means that you need to make a decision by mid to late January–long before RD results. D did hear from 2 early action schools before her deposit was due, but you won’t know RD.

And if you turn down the offer, what if it turns out to be higher than subsequent offers? And if you put down the deposit, you need to withdraw your other applications. So as others have stated, you can’t compare other offers of aid.