paulinaporizkova wrote:i disagree. i've seen people on LSN with mark's #s who have ED'd and gotten money. UVA isn't dumb - they don't want to "trick" or "trap" people with really high numbers who could have gotten into HYS into attending without any aid just because they theoretically can with an ED. also, mark already sent a LOCI about a month ago, and i think he's looking for further advice.
(sorry to use your name OP, but it's your username so i thought it would be easiest)
I realize he has sent an LOCI. I was making a general statement that I still believe. In his case, I'm not sure what he should do because he has sent what normally would be sent. He may just have to wait it out. (Sorry, Mark.)
In general, it's kind of doctrine on this site that EDing drastically reduces your chances for merit money. (I'm not making any reference to money based on financial need.) I don't think that would make UVa dumb if they followed that; I think it would make them rather smart. Merit money is normally given to candidates with numbers above median to increase the odds that they will attend. If you are already attending, then that money is not needed. Most schools follow this, except Mich, as I understand it. This is why many advise that EDing is not a good idea if you could get in to the school anyway without the ED bump.
I've seen blog posts, such as this one, that refer to this practice of 'trapping' good-numbered admits. It is suspected that she is referring to UVa.
http://www.law.umich.edu/connection/a2z ... aspx?ID=35
SZ wrote:But second, it’s about money. In many cases, schools allocate little or even no financial aid grants for students admitted via binding early decision programs. At Michigan Law, we most decidedly do not do that; we provide both merit- and need-based grants to early-decision admittees on the exact same terms as we do to those admitted under regular-decision programs. I am queasy at the idea of locking people in through a binding program and then not providing them with the aid made available to others.
http://www.law.umich.edu/connection/a2z ... aspx?ID=44
SZ wrote:One sort of gross, in my view, distortion that has resulted from that exploitation capacity is the invention of the “floating” early decision program: At some schools, an applicant can convert a regular-decision application into an early-decision application at any point in the admissions season. When the stress starts getting to you, you agree to forego all others in an exchange for a quick admit decision. The school locks you in, thereby saving itself any financial aid its policies might otherwise have dictated it disburse in order to recruit you.
ETA: FTR, I'm not saying it couldn't ever happen- just that it's unlikely in most cases.
ETA2: TL;DR I know. ED affects merit monies. No one on LSN who reported an ED application for the last two years also reported money given.