Nikhil
Jazpants
Maybe a silly question? What is the difference between Early Action deadline and R1?
It depends on the school. Some schools offer you a guaranteed interview if you apply in early decision round. Some other schools’ early decisions are binding meaning you have to commit to going to that school if you get an admit.
Posted from my mobile deviceTo add, ED or EA (early decision or early action), allow you to apply technically BEFORE R1.
Usually these rounds are binding (meaning you will be asked to withdraw your other applications at other business schools), but they have have more chances of converting an admit (getting in) and usually carry a bigger deposit. You basically commit to attend if you get admitted. However, these commitment contracts are tricky and the only enforcement schools have is the larger deposit. We regularly have people who have not followed the rules and get admitted to multiple programs after ED admit since they did not withdraw.
Basically ED/EA are for the school fans - e.g. if you really want to go to Fuqua or Columbia, this is your BEST chance. However, they trade off some potential for financial aid and negotiation of scholarship $$ since you are committing to attend at the time of application (your deposit is not due until you actually get the decision) but still you get the idea.