This video the "Impact of Applying Early Decision, Early Action & Regular Admissions on Your Financial Aid ." We discuss how you apply affects your financial aid awards you will receive from the colleges you apply to."Early decision plans are binding — a student who is accepted as an ED applicant must attend the college. Early action plans are nonbinding — students receive an early response to their application but do not have to commit to the college until the normal reply date of May 1. According to the National Association for College Admission Counseling, early action means that "students apply early and receive a decision well in advance of the institution's regular response date. Financial aid is money to help pay for college or career school. Grants, workstudy, loans, and scholarships help make college or career school affordable. Students applying for restrictive early action or singlechoice early action indicate to a college that it's their firstchoice school by signing an agreement that they will file just one early application at a private institution. Early action is a nonbinding process that allows you to apply, and potentially gain admission, to one or more schools earlier than regular applicants. As an early action applicant, you usually have until November 1 or 15 to submit admissions materials. Early decision (ED) or early acceptance is a common policy used in college admissions in the United States for admitting freshmen to undergraduate programs. It is used to indicate to the university or college that the candidate considers that institution to be his or her top choice.



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