mba20thirteen wrote:
From the Kenan-Flagler application:
Early Action
Our first cycle, October 22, 2010, is the Early Action deadline. Early Action is an option for applicants who know for certain that they will attend UNC Kenan-Flagler if admitted. Early Action provides applicants with the certainty of learning their decision by December 13, 2010. Admitted applicants in the Early Action cycle will be required to submit a $2,500 non-refundable enrollment deposit by January 3, 2011, in order to secure a space in the class. You should not apply for Early Action if you are not prepared to commit immediately to attending UNC.
I am sure that the reason why there is "ambiguity" when you call to ask if it is binding stems from the fact that Kenan-Flagler should be your #1 choice if you're applying Early Action. As I've said in an earlier post, Columbia, Duke, and a few other schools also have "binding" early rounds, and they follow the same assumption that you're applying with that school as your top choice. I think the only school with an early round that explicitly states that it's okay to weigh your options is Tuck.
UNC MBA Early Action is not binding. Even the admissions people say it's not! You must pay a $2,500 non-refundable deposit by Jan 3, 2011. However, if you don't pay the deposit, you're not contractually bound to go there. Furthermore, if you do pay the deposit, you still are not contractually bound to go there -- you just will not be able to get a refund.
This is different to, for example, Duke MBA, where you are required to immediately withdraw all other MBA applications upon admittance to Early Action.