What Happens to Students Admitted Early Decision Without Adequate Funding?

<p>Question: If you apply Early Decision without knowledge of any merit scholarships which are necessary for enrollment, what happens if you get in ED but with no money? […]</p>

<p>[View</a> the complete Q&A at CC’s Ask The Dean…](<a href=“http://www.collegeconfidential.com/dean/archives/what-happens-to-students-admitted-early-decision-without-adequate-funding.htm]View”>http://www.collegeconfidential.com/dean/archives/what-happens-to-students-admitted-early-decision-without-adequate-funding.htm)</p>

<p>You back out of the ED agreement if you can’t pay. Applications don’t have to be withdrawn if you apply for financial aid at the school you applied ED.</p>

<p>You can be released of your agreement to attend the school.</p>

<p>cortana431 and dasdui–If you read the entire “Ask the Dean” Q&A, you’ll see that the student who submitted this question isn’t in the typical Early Decision situation that you describe. This student is looking for merit money, not need-based financial aid. However, Vanderbilt (the student’s ED school) doesn’t announce merit aid recipients until March.</p>

<p>Then doesn’t it seem that the student is being irresponsible in their ED?</p>

<p>“Irresponsible” may be a bit too strong but it is definitely "inappropriately optimistic. " ;)</p>

<p>I have had an email conversation with the student who sent the question. The student has decided to switch the application to the Regular Decision pool.</p>