Table: Playing the College Game

-- If you're seeking financial aid, forget early decision. It's important to review competing offers to get the best aid package possible.

-- If your child does apply early to a top school, keep exploring other options in the likely event of a rejection. Students should fill out several other applications as backup so they can be ready to send them out in case they don't get in.

-- Don't pressure your child into applying early decision if he or she is not ready for that commitment.

    Before it's here, it's on the Bloomberg Terminal.