Okay, so I'm thinking about applying to Dartmouth early decision next year. Is the ED option binding or something you can back out of if needed? Just trying to weigh my options and make the best decision here. Any insight or experience would be super helpful!
Early Decision (ED) is indeed a binding agreement - which means if you are accepted, you are committed to attending that school, and must withdraw all applications sent to other schools. It's like a contract that both you and the university enter into, showing mutual commitment.
However, there can be a 'loophole' in this agreement, primarily related to financial aid. If you apply ED and find that the financial aid offered to you is insufficient, then you can rescind the commitment and opt not to attend. To prevent such a situation, it is highly recommended that you use the university's net price calculator before applying ED to get an estimate of what your financial aid package might look like.
Keep in mind that, statistically, ED does tend to increase your chances at acceptance, as the college appreciates that level of commitment from applicants. Yet, it's an option that requires careful consideration given the binding nature of the decision.
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