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Is there a penalty for rejecting 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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What happens if you decline early decision?

Early decision colleges may reach out to other schools to let them know you broke your agreement, which can reflect poorly on your applications. You'll also lose any deposit money you put down.
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Can you still apply if you get rejected early decision?

If you are deferred, you don't need to reapply. Your application will be considered in the regular decision round. The college might ask you for a recent transcript. If you are rejected in ED 1 round, you cannot reapply for the same academic year.
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Can you withdraw an early decision application?

It's definitely a good idea to be aware of your options, especially during such an important time as college admissions. Generally speaking, you can withdraw an early decision application, but the process might vary slightly between different colleges.
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Can you opt out of early decision if you can't afford it?

If the financial aid package falls short, you'll need to either take out student loans or break your binding agreement and choose not to attend that school. Fortunately, students can usually turn down an ED offer if the financial aid is insufficient.
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Where Early Decision (or Restrictive Early Action) Matters in College Admissions

Why do I regret applying early decision?

Students who regret their decision to apply ED are usually unhappy because of the financial aid package they receive. Early-decision students usually know what they're in for when they apply, but your financial aid package is one thing that you can't predict. The college bill can take anyone by surprise.
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Is early decision 100% binding?

Early decision applications typically require the signature of the student, parent and counselor verifying the commitment. The agreement is not legally binding, so a college would not go after a student for tuition. But depending on the school, there can be consequences if a student doesn't accept an offer.
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Can you switch from early decision to regular decision?

To move forward, you should write to the admissions office expressing your need to change your application from ED to RD. Be polite and concise in your request. Explain that after careful consideration, you've determined that ED isn't the best option for you right now.
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Does early decision look at senior grades?

Hi there! I completely understand your concern about how your senior year grades factor into the Early Decision process. Colleges typically do look at your senior year grades, even if you apply Early Decision.
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Is it worth it to apply early decision?

Early decision is a binding commitment, meaning those who apply in this round must attend the selected college if they are accepted. You can only apply to one school early decision because of that binding commitment. So experts recommend only applying early decision if you have a clear top-choice school.
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Can applying early decision hurt your chances?

While applying ED increases your chances of acceptance, it's not without its drawbacks. You commit to attending the school, so you won't be able to shop around for financial aid packages. You should make sure that the school's net price calculator estimate is in the ballpark of what your family is willing to pay.
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Can you change your application to early decision after submitting?

Can I change my college application from Regular Decision to ED2 after I've already submitted it? Yes, actually! Early Decision is a huge benefit to colleges, and they'd love to see you change your Regular Decision (RD) admission plan to an Early Decision 2 (ED2) plan.
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Do other schools know if you apply early decision?

Typically, schools don't share information about their applicants, so other colleges won't know if you've applied Early Decision (ED) to a school. The ED process is confidential, and colleges have their own applicants' pool to focus on.
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Is early decision harder than regular?

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. However, because the early round is full of extremely competitive applicants, it's not always the best choice for every student.
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How much does early decision increase chances?

On average, students applying ED see a 1.6x (or 60%) increase in their chances of admission to very selective schools.
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Can you apply early decision twice?

You may not apply to more than one college under early decision. If you are not accepted, you will either be rejected or deferred. Rejected applicants may not apply again that year.
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How binding is early decision?

Early decision plans are binding: A student who is accepted as an ED applicant must attend the college. Early action plans are nonbinding: Students receive an early response to their application but do not have to commit to the college until the normal reply date of May 1.
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Is early decision 1 better than early decision 2?

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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How do I withdraw from ED?

We advise students to email the colleges — either the main admissions office email or admissions representative for their area — and include their full name, high school, and reason for withdrawing. Students can also call the admissions office, but an email will give students a record of their request to withdraw.
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Do early decisions get likely letters?

The vast majority of accepted students do not receive a “likely letter” before official admission decisions come out. This is true no matter whether they applied early decision, early action, or regular decision.
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Is early decision better than regular?

Applying early to colleges isn't absolutely necessary, but it's certainly advantageous. Colleges like to see early applicants, and the statistics show it. Both early decision and early action applicants are accepted at a higher rate than their standard deadline counterparts.
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What happens if you get into two early decision schools?

While EA allows you to submit an application early, it is non-binding and does not confer the same admissions boost as applying Early Decision. You can of course apply to both schools, but remember that ED is binding, and if both offer you a place, you will be obligated to attend the school you applied to ED.
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What happens if you apply early decision and get accepted?

Remember, early decision is binding, it is contractual. You can only apply early decision to one school because if you are accepted to that school, you have contracted to attend that school upon admission.
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Do universities talk to each other about applicants?

For the most part, the answer to this question is: no. College admissions officers don't have secret meetings to gossip about which of the incoming freshmen applied to their schools.
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Is early decision 2 worth it?

Who Should Apply for Early Decision 2? Early Decision 2 offers a good opportunity for students who weren't accepted for Early Decision or missed the regular deadlines. Some schools also offer the option for students who applied for Regular Decision to switch to Early Decision 2 if the deadline has not passed.
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