Early decision but no money..?

vonlost
Tue, 12 Aug 2008 22:58:07 +0000

“Then I got a letter signed from admissions that we could be released from attendance if we decided we couldn’t afford it.”

This is exactly why there is no risk in applying ED if you need financial aid. You will be greatly disappointed that you cannot attend your dream school, but you gave it your best shot, and you move on, entering the RD pools as if ED never happened.