<p>Mommabear, Welcome!</p>
<p>ED worked for us. My son’s first choice was a substantial reach, they appeared to give advantage to ED applicants, he had visited and was reasonably confident that it would be a good fit academically and culturally, we knew that we wouldn’t qualify for need based financial aid and could get by without merit. So he applied, was accepted and we all had a great Christmas!</p>
<p>In retrospect (he just graduated) I’d do it again in a heartbeat.</p>
<p>Financial uncertainty is to me the major objection to applying ED. It’s fairly black and white – either you can afford to risk it or you can’t. If you qualify for need based aid, you will most likely get it with a ED acceptance. The difference – and this is where the risk factor comes in – is that you won’t be able to compare and negotiate with other offers.</p>
<p>If you’re interested in (or actually must have) merit based aid, then forget ED. You won’t get it.</p>
<p>I think the risk of change of mind between November and April is minimal. Of course it exists, but kids transfer all the time, even those who carefully weigh several offers. Visiting is key, though, especially for small LACs which have distinctive personalities.</p>
<p>There also may be a bit of buyer’s remorse in April when all the other kids are getting multiple acceptances and a sense of “maybe I should have tried X.” For my son this lasted about 10 minutes. As I said, he never looked back.</p>
<p>Risk is the operative word here. You have to bear in mind that risk works both ways. The risk of NOT applying ED also exists. If you child doesn’t get accepted to his/her #1 choice will you and s/he always ask yourselves “could it have worked out differently under ED?” I think this is the key tipping point: Will you forever kick yourself for not allowing her to apply ED?</p>
<p>Many people think EA is a better arrangement. I don’t entirely agree as the whole beauty of ED is that it’s a mutual first choice contract between the college and the applicant. Anyway it’s a moot point if your child’s choice only offers ED.</p>
<p>One other personal anecdote: my son attended an obscure international high school in an obscure third world country. Although the school regularly sends it graduates to top U.S. colleges, no one had gone to Williams for several years. The year he applied and was accepted ED, one of the top students (and I mean TOP in every way – perfect grades, scores, varsity sports, multi-lingual, AND he plays the trombone) decided to apply RD to Williams and did eventually matriculate.</p>
<p>Though my son’s profile was completely different, I strongly suspect that had he applied RD, the college would have made a choice between the two applicants from this high school. So, indeed, not having any control over the RD pool is another risk to consider.</p>
<p>I ardently second the advice not to slough off the other applications while waiting for ED news. Just put the ED application in the mail and pretend it doesn’t exist. In the event that the results are negative, you don’t want to be overseeing 11th hour essays with a miserable teenager on your hands. :)</p>
<p>Good luck and let us know how she does.</p>