What is an "Interim Decision"?

<p>On Stanford Website, it says like this:
Exceptions to Stanford’s Restrictive Early Action Program

  1. Any institution, public or private, under a non-binding Rolling Admission option.
    2)Institutions under an Interim Decision program only if the notification of admission occurs after January 1.</p>

<p>I wanted to know what does “Interim Decision” mean in the second point?</p>

<p>Thanks!</p>

<p>Hi. Rice University used to practice it, but they don’t anymore, I think. Here’s how they define their program:</p>

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<p>[Rice</a> University Statistics - Annotations on Selectivity](<a href=“http://www.ruf.rice.edu/~instresr/ricestatistics/Pages/selectivityattest04.html]Rice”>http://www.ruf.rice.edu/~instresr/ricestatistics/Pages/selectivityattest04.html)</p>

<p>There might be other universities who practice/used to practice this, but I don’t know any. :(</p>