Early Action/Early Decision
Early decision (ED) and early action (EA) plans can be beneficial to students — but only to those who have thought through their college options carefully and have a clear preference for one institution.
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. Counselors need to make sure that students understand this key distinction between the two plans.
The obvious advantage of early action over early decision is the opportunity it gives you to apply to, and ultimately compare financial aid packages from several schools. If you are accepted early decision, you risk missing the admission deadlines of other schools while you wait for your award package to arrive. If that award is lackluster, your options are fewer.