What's the difference between applying Early Decision and Early Action?

Hi there! I'm starting to look into college applications and I'm a bit confused about the difference between Early Decision and Early Action. Can anyone explain the main differences and the pros and cons of each option? Thanks in advance!

Hey there! I understand that the college application process can be a bit confusing, but I'm happy to help you understand the differences between Early Decision and Early Action. Early Decision (ED) is a binding agreement, which means that if you're accepted to a college under this plan, you're committed to attending that school and must withdraw all other applications. You can only apply to one school through Early Decision. On the other hand, Early Action (EA) is non-binding. You can apply to multiple colleges through Early Action, and if you're accepted, you're not obligated to attend any particular school. You have until the standard decision deadline, usually May 1st, to make your final choice. Pros of applying ED include showing your top choice school your strong interest, potentially higher acceptance rates, and finding out if you're accepted earlier in the process. The cons are being bound to the school if accepted, not being able to compare financial aid offers, and having less time to prepare your application. Pros of applying EA include the possibility of receiving an acceptance earlier without the binding commitment, and being able to apply to multiple schools. The cons are that not all schools offer EA, and it can still be a bit more competitive than the Regular Decision process. I hope that helps you! Good luck with your applications!