Difference between Regular Decision and Early Decision 2?

Can someone clarify the difference between applying Regular Decision and Early Decision 2? I'm considering both for my applications but can't decide which might be better for my situation.

Sure, I'm glad to help clarify the difference between these two types of admissions plans!

Early Decision 2 (ED2) and Regular Decision (RD) are indeed different, and each has its unique benefits and considerations.

Early Decision 2 is a binding agreement, much like Early Decision 1. If you apply ED2 to a school and are accepted, you're committed to attending that school, so it's generally best if you're sure that school is your top choice and financial aid isn't a significant concern. ED2 deadlines typically fall in January, and you typically receive your decision by February.

On the other hand, Regular Decision provides more flexibility. With RD, you're not committed to attend if accepted, which allows you to weigh your options, compare financial aid packages from different schools, and make a decision with all offers in hand by May 1. RD deadlines are generally around January 1, and acceptance letters often arrive in March or April.

Now, if a school is indeed your top choice and you believe that applying ED2 might give you an edge in the process, it could be a good choice, especially if the early application boost is significant at that particular school. Just remember that you should be prepared to attend if admitted, and you should feel comfortable with the potential financial aid package based on the school's Net Price Calculator. However, applying Regular Decision might be a safer bet if you're not 100% certain about a specific school or if financial aid is a primary concern.

Ultimately, the choice depends on your personal circumstances, your level of interest in the school, your readiness to commit, and your financial situation.