<p>kiditkid,</p>
<p>Is it too late to answer “yes” to both schools? You could contact Penn tomorrow and explain the situation, and see if it will match Princeton’s latest offer (I’d be very surprised if Penn didn’t). Lots of people initially answer “yes” to a school by May 1st, and then later rescind that “yes” when, e.g., they get into another school off of a waitlist.</p>
<p>If you otherwise prefer Penn to Princeton, that’s what I’d recommend doing to give Penn a final chance to match–or even beat–Princeton’s offer.</p>