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Is early decision a program for the rich

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  3724.1
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  Nov-1 10:38 am

http://thechoice.blogs.nytimes.com/2009/10/28/tip-sheet-ed/

 

1. Only apply early decision to a school that is your first choice.

Seems sort of obvious, but often it is not. Remove all strategy from your thoughts. Think about the research you have done, the visits you have made, the Web sites you have browsed. If you find yourself comparing every school on your wish list to that one school you love, you have found a first choice. Don’t forget, this is binding; you are obligated to attend if admitted. This is not an option for the perpetually wishy-washy.

2. Make sure that your choice is realistic.

Early decision is not a silver bullet. I always tell students that if admissibility were rungs on a ladder, early decision has the potential to bump you up one rung. It does not take a student from the first floor and propel her to the penthouse by simply checking off a radio button on the common application. Columbia University may be my first choice but if I don’t have a constellation of A’s on my transcript in some pretty demanding classes, it is also an unrealistic one. Talk to your teachers and counselors. Be certain you understand the profile of students from your high school who have had success at that school. Understand your viability and play to your strengths. Don’t assume because you were unlikely to be admitted without the early decision choice then you will likely be admitted with it.

3. Have a conversation about financial aid and scholarship with your parents and with your colleges.

Many students actually back away from applying early decision because they are worried they won’t receive enough financial assistance. Others strategize that “going” early will give them an advantage when funds are being distributed. Both ways of thinking are erroneous. Play around with the government’s financial aid calculators (www.fafsa.ed.gov). Also, many colleges have great Web sites that provide financial aid estimator programs as well (Roanoke College and Princeton, for example).

Learn about how your family’s income and your achievements shape your needs when schools calculate aid or even scholarships. Ask your college of choice what the typical profile is of a family receiving institutional assistance or government subsidized loans. The neediest families are often accommodated with ample financial assistance, regardless of when they apply. It is usually upper middle-class families that feel the squeeze, and if you don’t qualify for financial aid early, you won’t later (unless there is a dramatic change in your household circumstances). If cost is an issue and you fall in this group of “middle earners,” you must look at schools that award merit scholarships and have a lower cost of attendance. Consider, also, those schools where you will be one of the stronger candidates in the pool of applicants.

4. Don’t make this decision because you hate waiting or or don’t want to hear your Aunt Janice ask you about college one more time.

Deciding in November of your senior year where you want to be for the next four years – four years that will change you forever – is not a decision to made through avoidance. College will change you forever not because it is the proverbial “best time of your life” but because it is a period of emotional and intellectual growth unmatched by most other periods in your development. Think about yourself and your choices as long as you can. You don’t get this kind of time for many other life choices. What seems like agony now is only a lifelong exercise that you will get better and better at. Waiting produces anticipation that, in some ways, always seems more joyous in April than it ever does in December.

5. Don’t make this move if you are someone who lives with a lot of regrets.

The college decision is agonizing and requires thought. If you find yourself always second- guessing big decisions then applying early is not your biggest concern. Getting in after applying early is. There is nothing sadder than the student who has only one choice, but who probably needed several as a means to grow and feel secure. It is not your only choice, even if it is your first choice, until you apply early decision and get in.

Now that you have gone through 1-5 above, ask yourself “Am I certain I will feel the way I feel now when everyone else in my school is hearing from a variety of schools in March or April?”

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Is early decision a program for the rich

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  3724.2 in response to 3724.1
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  Nov-2 11:07 am

That's not what this article is about. . . though it could be a topic of conversation.

It did occur to me, as I was discussing this with some of my friends who also have HS seniors, that deciding to apply for early decision is easier if you know you're not eligible for financial aid and all your college choices cost roughly the same. However, being ineligible for financial aid *doesn't* mean you're "rich." As the article notes, "It is usually upper middle-class families that feel the squeeze, and if you don’t qualify for financial aid early, you won’t later (unless there is a dramatic change in your household circumstances)." We're not eligible for FA, and all of DD's choices cost roughly $50,000 a year, so if there's one that is the best fit for her, we do have the luxury of applying early decision. We also have the, uh, "luxury" of writing out tuition checks for $50,000 a year, even though we are decidedly NOT rich, as my falling-apart house and my meager retirement account will attest.

Anyway, I thought the advice in this article was good. In fact, I was trying to pass along pieces of this to my DD last week, as she was agonizing over which college to apply to for early decision. There was one that she thought was definitely "her" college, but after spending an overnight there, she wasn't so convinced; meanwhile DH and I felt another college was really the better choice and she was hanging on a little too hard to the "dream school" even when the dream turned out to be not as fabulous as she'd thought. We also pointed out that she didn't have to apply early decision anywhere, and that wanting to have the decision over with is not a good reason to apply early. Also that applying doesn't equal getting in!

Kelly

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Is early decision a program for the rich

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  3724.3 in response to 3724.2
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  Nov-2 12:22 pm

(we fall in the same category you do and have that identical (quantitative) 'luxury' you mentioned for the school ds got into...)

Sue

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Is early decision a program for the rich

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  3724.4 in response to 3724.1
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  Nov-2 6:34 pm

I agree that this isn't really what the article was about, and yet...

Yes, I do think that early decision is a program for the rich, as some of the comments on this article stated. We are relatively frugal people, but with four kids and one income (which for various reasons is not really a choice for us), it is tough. I am not 100% sure if we will qualify for help. We haven't so far with my daughter already in college, but dh's income has gone down and we're using our savings for her expenses. With two in college, I'm guessing we might-still iffy.

However, both of our dds are outstanding students and the difference in what schools offered in merit aid was huge. Several schools offered free rides to my csdd. Other schools offered 1/2, others 20%. I know friends who had colleges calculate their "need" differently, in spite of the FAFSA (not merit). Both girls also had outstanding talent in other areas and some schools are more likely than others to recognize that (one of csdd's scholarships was studio art, and hsdd is trying for voice scholarships).

To me, this is like shopping for a car. You might like the people at one dealership better, and you might even know exactly what car you want. But, would you commit to buying your car at a certain dealership without knowing what it would cost you? I just find the whole process bizarre. I don't know if it makes more of a difference if you have kids who might qualify for merit/talent aid, but I feel like I honestly had NO idea what the schools would cost when csdd applied, and I was right. Costs ranged from $35,000 a year down to under $10K. Even how they accepted (outside) scholarships was different. Csdd had a National Merit and some schools took that amount off of her academic scholarships. Her college lets us apply that to room and board.

So, hsdd isn't applying anywhere early decision. Her first choice doesn't offer that, but even if it did, she wouldn't. We just don't feel that we are financially able. To me, the only reason for this is to make colleges' acceptance rates higher. Anyway, I'm the wrong person to involve here because I detest early decision.

Theresa

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Is early decision a program for the rich

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  3724.5 in response to 3724.1
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  gpamelac  Member Icon
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  Nov-2 7:49 pm


When my dd was applying to college 8 years ago her first and second choice were 40k per year for everything.
Those same schools are now more.

She choose 5 very good schools plus WVU.

Some of her closet friends applyed to WVU only.

She didnot apply early decision anywhere.


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