<p>I'm just getting a head start on looking at colleges before I apply next year (I'm a junior) and I don't really understand the concept of early decision. I know that early decision is binding, and early action isn't binding. But I was curious about financial aid packages that go along with early acceptance? Like, if you get accepted early decision do colleges offer financial aid then, or do you seperately apply for scholarships after you get accepted? And also, if you get accepted early decision but you don't get a sufficient financial aid package do you still have to go?
I'm looking at Vanderbilt, Wake Forest, and Rice.</p>
<p>Thanks for your help!</p>