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Regular admission = the most common way to apply; usually has a deadline
Rolling admission = usually means they accept students on an ongoing basis, but always check for a deadline
Early action = applying before the regular admission deadline, usually by November or December; if you apply this way, it shows the college you are motivated to getting your application submitted early. This is recommended if you are applying to a competitive program or are very motivated to attend a certain college.
Early decision = applying to a school and, upon acceptance, you sign a contract stating that you will withdraw applications from all other schools and commit to that school. You can apply early decision to only one school, and regular admission to others at the same time. But if you get admitted via early decision, you are committing to attend that college.
View this document for information on law, medical, architecture, and other professional study programs at SUNY.