(Applications Advice, Letters of Recommendation . . . )
6 posts • Page 1 of 1
- Posts: 372
- Joined: Tue Jul 03, 2012 1:12 am
but if your numbers are above medians, isn't it likely you will get money?
Major fail on your part man, you should've done your research. EDing is for people for whom the school is somewhat a reach. They were unlikely/not guaranteed to get in RD and were surely not getting much $ anyway. People who are above both medians are often near-guaranteed acceptance. Because these above-median applicants likely got in to "better" (higher ranked) schools the school in question must offer them scholarship money to entice them to attend their institution instead of said "better school." It's a bidding game where schools buy your numbers to improve their rank. This is why people who are above both medians get $$$ - they leverage the schools. Except.... if they ED. Those people get no $$.
If you did a binding early decision, and indeed are above both medians, you may have completely screwed yourself, possibly out of tens of thousands (or hundreds of thousands). Why would a school waste scholarship money on you when they already have you by the balls? That's not how this game works.
You might genuinely want to consider sitting this cycle out if you end up with no money at a school your above both medians at.... seriously.