Son accepted an offer to attend a school down in Fullerton but will need to get a loan to help pay for housing-which he has to live on campus the first year but can he accept another school offer closer to home by the deadline tomorrow in case he doesn’t qualify for a loan to pay for housing??
Great question. I imagine you would have to read the fine print in both acceptance letters to see what rules apply.
I think the “spirit” of accepting, is that you only accept one school, otherwise, how can a school property account for who to accept from a wait list, etc?
You may want to have your son call both colleges first thing in the morning and explain the situation.
Are these both part of,the CA public university system? If so, I would,think there will be issues with accepting two offers of admission…which you are not supposed to do…anyway.
What kind of loan is HE taking? If it’s the Direct Loan which is the federally funded loan…he gets that one just by completing a fafsa…$5500 for freshman year.
If it’s any kind of private loan…are you qualified cosigners…because he will need one.
No. Do not double deposit. It’s considered unethical.
You can withdraw from the first school if you change your mind and put deposit on another school.