I re-tweeted a NACAC link to a list of schools that extended their November 1 Early Decision deadlines due to that delightful October snowstorm. Thankfully my neck of the woods was only snowy for about a day, but those who live farther northeast were not so lucky.
These schools were generous to offer those extensions, but there's a life lesson here that we've all learned before: don't leave things to the last minute. That will be especially important to remember as a college student. There's more freedom in college and there's responsibility that comes with that. You'll be in class less than in high school and you'll need to be more proactive in those off-hours. Do you know how long it takes you to write a paper? How long will the research take? There's a really good chance that there will be a weekday where you only have one class. Can you maximize that time efficiently? You'll be the only one hounding you to study.
The goal, always, is to get the work done and have fun later. If you can plan your time right you won't have to watch your friends hang out without you, and you won't be tempted to blow off your work either.