<p>once you apply at a school and you're accepted, once you agree, is that agreement legally binding?</p>
<p>Only a lawyer can tell you for sure :-(</p>
<p>If you decide that you can’t go through with your decision, or if a waitlist college calls with an offer that you can’t refuse, then you can change your mind.</p>
<p>Nobody can make you attend a school if you don’t want to. Many people accept and place deposits at schools and later don’t attend (eg. accepted off a waitlist from another school). You may lose all or part of your deposit, but you will not be forced to attend or be sued.</p>