Q1: What Is Early Decision (ED)?
Early Decision is a binding admission plan. In exchange for receiving an earlier admission decision (typically before Christmas), students applying ED agree that, if admitted, they will immediately enroll and withdraw all other college applications.
Since ED is a binding contract signed by the student, parent, and counselor, students who have thoroughly researched their options and are 100% certain that one specific institution is their first choice are the best candidates. Some colleges also offer a second round (ED II) with January deadlines, notifying students a month to six weeks before regular decision.