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Is early decision only for rich people?

Not quite. Low-income and middle-class students who rely on generous financial aid to attend college are less able to take advantage of early decision, because they have less wiggle room on financial aid. If a college's offer falls short of their expectations, they can appeal.
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Does early decision favor the wealthy?

While the compulsion to go to a certain school may outweigh factors like financial aid for some students, the majority of the applicant pool isn't as lucky. Early decision admissions leads to an overwhelming number of affluent students at many of the country's most prestigious schools.
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Should I apply early decision if I can't afford it?

Fortunately, students can usually turn down an ED offer if the financial aid is insufficient. “If the net cost of the college is completely unaffordable, you can ask the admissions committee to release you,” said Shirag Shemmassian, founder of Shemmassian Academic Consulting.
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Are early decision programs unfair?

The early decision application process favors rich, privileged students and should be abolished to ensure a fair college admissions process. Early decision acceptance rates are on average 30-50% higher than regular decision acceptance rates, according to College Zoom.
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What percentage of people apply early decision?

That's because most students at public schools do not apply to college through early decision. In 2021 less than 10 percent of students at public high schools who used the Common Application to seek admission to 1,000 participating colleges chose to apply early decision.
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Where Early Decision (or Restrictive Early Action) Matters in College Admissions

Can I get into Brown with a 3.7 GPA?

Final Admissions Verdict

If you don't pass their SAT/ACT and GPA requirements, they'll likely reject you without much consideration. To have the best shot of getting in, you should aim for the 75th percentile, with a 1560 SAT or a 36 ACT. You should also have a 4.1 GPA or higher.
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Why would anyone apply early decision?

For a student who has a definite first-choice college, applying early has many benefits: Reduces stress by cutting the time spent waiting for a decision. Saves the time and expense of submitting multiple applications. Gain more time, once accepted, to look for housing and otherwise prepare for college.
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What is the downside of early decision?

Reduced financial aid opportunities: Students who apply under ED plans receive offers of admission and financial aid simultaneously and so will not be able to compare financial aid offers from other colleges. For students who absolutely need financial aid, applying early may be a risky option.
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Who should not apply early decision?

You're strongly considering other schools

It's completely possible to be in love with multiple schools, but you can't apply to more than one for early decision. You should, however, apply to other schools via regular decision if you don't get accepted to your early decision school.
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What are the disadvantages of early decision?

DISADVANTAGES OF EARLY DECISION

If you're accepted, you're obliged to attend. You may discover a more suitable college later. The early deadline may force you to submit a less polished application, unless you begin your application well ahead of time.
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What happens if you apply early decision to two colleges?

You can apply early decision to only 1 college. If the college accepts you and offers enough financial aid, you must go to that college. That's why these plans are referred to as “binding.”
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Why do I regret applying early decision?

But if you do apply early decision, many schools treat your acceptance to their program as binding, meaning you can't apply to any other schools and then compare and contrast their programs — and (don't miss this part like I did!) the financial aid benefits they're offering to you.
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How many colleges should you apply too?

In general, most students apply to between 8 and 12 colleges. This is a good range to aim for, provided that the applications you submit represent a broad variety of colleges. Ideally, you want to apply to at least two safety, four target, and two reach schools.
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What if early decision is too expensive?

Admitted students who can't afford the cost of attendance can often back out of their early decision contracts without penalty. Alternatively, you may be able to negotiate for more aid by contacting the school's financial aid office and informing them of your situation.
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Does early decision hurt financial aid?

The answer: if you are applying early decision, you should be aware that you are essentially giving up the ability to compare financial aid offers from other schools or negotiate awards. You are committing to enroll in a school if admitted.
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Does early decision really increase chances?

On average, applying ED is going to result in a 1.6x or a 60% increase in your chances of admission to super selective schools. The benefit becomes less pronounced the less selective the school is.
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What happens if you regret early decision?

You backing out could jeopardize future students' Early Decision chances if they apply to the same college. In some cases, your high school counselor may turn around and tell the other colleges you're applying to, hurting your acceptance chances at the other schools.
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Do colleges look at senior year grades?

Your senior year provides colleges with a look at how you perform academically. It can make or break your scholarship chances. Since most scholarships also have a minimum GPA requirement, slacking off in senior year could ruin your chance at even applying for a scholarship in the first place.
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Is it possible to reject early decision?

Early decision is in most cases binding. However, if you have a good reason for backing out of an Early Decision offer, like a drastic change in finances or an extreme life change, the school will often let you leave without penalty.
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Is early decision 2 worse than 1?

As we discussed earlier, you'll get a lot of the same advantages of ED I by applying ED II, just with a later timetable. Acceptance rates for ED II applicants do tend to be higher than those for RD applicants, though they're not quite as high as for ED I applicants.
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Is it smart to apply early decision?

For many students, one of the main appeals of applying early is receiving an admission decision earlier, typically by December or January. The admission rates in the early application pool also tend to be higher, even though the pool is typically more competitive than the regular round.
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Is early decision smart?

If the financial commitment is a concern, EA might be a more suitable choice as it allows applicants to compare financial aid offers from different schools. Applying Early Action or Early Decision can be an advantageous strategy for high school students who have a clear top-choice college in mind.
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Should I apply early or regular?

The benefit of applying Regular Decision is that you get to choose not only among the schools that admit you, but also among the financial aid packages from each school. If you know that you will be needing financial aid in order to attend college, applying Early Decision comes with some risks if you get in.
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Should I apply to an Ivy League early decision?

Students who apply by early decision or early action have much higher chances of being accepted than do students who apply through the schools' regular decision application processes.
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Are colleges more likely to accept early decision?

Since early decision is your statement that you will indeed attend their school, they are more likely to admit you, assuming that you are qualified. And if you show demonstrated interest by applying early, it's a good indicator to them that you are serious about attending and more likely to accept an offer.
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