Pros and cons of applying Early Decision to Pomona?

Hey all! I'm considering applying Early Decision to Pomona College but I'm not sure if it's the right choice for me. Can you share the pros and cons of applying ED to Pomona? How binding is it if I were to be accepted?

Pros of applying Early Decision to Pomona:

1. Higher acceptance rate: In general, Early Decision applicants often have higher acceptance rates compared to Regular Decision applicants. This indicates that you may have a slightly better chance of admission when applying ED.

2. Reduced stress: If you're accepted in the early round, you'll know where you're going to college before the winter holidays. This saves you from spending more time on applications and waiting for results in the spring.

3. Demonstrated interest: Applying ED signals to Pomona that you're committed to attending and are a good fit for the college culture. This can be helpful in the admissions process, as it demonstrates enthusiasm and a clear preference for the school.

Cons of applying Early Decision to Pomona:

1. Binding agreement: If you're accepted through ED, you are required to withdraw all other college applications and attend Pomona. Make sure Pomona is your top choice before applying ED, as there's little flexibility after being accepted.

2. Financial aid uncertainty: While Pomona meets 100% of demonstrated need, you won't be able to compare financial aid packages from other colleges. If affordability is a concern, applying Regular Decision may be more suitable, giving you opportunity to compare aid offers.

3. Limited time for improvement: If your current grades or extracurriculars could benefit from more time and growth, applying Regular Decision might be a better choice. You could use the time to improve your academic standing, engage more deeply in your extracurricular pursuits, and craft stronger essays.

Early Decision is a binding agreement, and if you're accepted, you're expected to enroll at Pomona. Exceptions might be made if you're faced with extreme financial hardship or other extenuating circumstances, but generally, students should only apply ED if they're confident Pomona is their first choice and have thoroughly researched the college and its financial aid offerings.