I’m a transfer student that just got accepted into the University of Michigan. However, I’m still waiting for other schools to get back to me with their decisions. I have until May 1st to submit my deposit for UMich, my question is if I submit my deposit is it binding or non-binding that I attend the university this Fall? Can I change my mind and pull out if other schools accepted me ?
the rule is against double-depositing, accepting a place at 2 schools and figuring you’ll write to one of them later and say you changed your mind.
In your case if the May 1st deadline is before you’ve heard back from other schools then you can send in your deposit. If another school you’d prefer accepts you at a later date then you accept that offer and write UofM to say you changed your mind. It usually means you lose the deposit, BTW. This process is similar to what kids on a waitlist do all the time; they accept a place to know they’re going to college, and if they get off the waitlist they change.