Can anybody demystify Early Decision 2 for me?

Hey everyone, I've been hearing a lot about something called Early Decision 2 and how it could be beneficial for my college applications. I'm a bit lost though - what exactly is it? And how is it different from regular Early Decision?

Sure, happy to help clarify this.

Early Decision 2 (ED2) is essentially a second round of Early Decision (ED) admissions. It functions the same way as the first round of Early Decision, but it has a later deadline, usually in January. Students who apply through ED2 make a binding commitment to a college, meaning that if accepted, they are required to attend that school.

Just like its first-round counterpart, applying ED2 often comes with a higher acceptance rate than Regular Decision (RD) because of the demonstrated interest in the school and the student's binding commitment. Rightly so, it’s often seen as a strategic tool for applicants who might not normally be accepted through Regular Decision, but who are willing to commit to a school if accepted.

The primary difference between ED1 and ED2 is simply timing: ED1 applications are due in November, with decisions typically released in December. ED2 applications, as mentioned before, are usually due in January, with decisions typically coming in February.

ED2 gives you more time to solidify your application materials and gives you an opportunity to rank your college options if you're still uncertain. So, for instance, if you apply ED1 to your top choice and are either deferred or rejected, you may decide to apply ED2 to your second-choice school.

Keep in mind, though, that the binding nature of Early Decision (both rounds) requires full commitment, so it's crucial to be sure that the school is a great fit academically, socially, and financially. Most schools have a net price calculator on their website to help estimate your potential financial aid package.

Does that make things clearer, or do you still have more questions?