Early decision but no money..?

_rentof2
Mon, 11 Aug 2008 12:25:27 +0000

hkshah, I agree with littlegreenmom. It sounds like you are in a good situation for an ED app. The only question I’d throw in to consider is any other assets your parents might have such as real estate (not so much the primary home you live in, but any other real estate), investments, substantial savings accounts, trust funds, etc. If there is nothing there that might change the way the financial aid office sees your family circumstances, then I think an ED application would be a good choice… assuming you have the grades/scores.

And if, for some reason, the aid package is insufficient and you can’t negotiate something better, you can definitely be released from your ED agreement to attend. No one is going to take a kid whose parents are earning less than 60K and insist that yes, they can afford an Ivy League school with only partial aid. It just won’t happen. Don’t worry.