johann's g+ wrote:Binding ED= $150K
A twelve pack of Q's and A's:
Q: What does it mean?
A: It means that if you are admitted through our Binding Early Decision (BED) program you will receive a merit based $50K scholarship per year. (3 years x $50K= $150K, get it?)
This sucks. It seems to be a growing trend. This means that ED is useless for bubble people and won't give any boost in admissions, right? I don't really understand who this is targeting. Are they just trying to poach highly qualified candidates from the other T14s? If you have the numbers to get this, why would you ED and preclude yourself from equal or better offers at peer or higher schools.
Would applying ED as a splitter be totally silly? Ugh, this is not good for me.
ETA: Here's the link: https://plus.google.com/u/0/102552009136948752045/posts
According the Johann, the ED admissions requirements remain the same. Can this possibly be true? Are they just going to be handing out schollies left and right?