<p>I was accepted to a college with rolling admissions recently. In order to secure my scholarship, my parents thought it would be a good idea to pay the deposit. I have other colleges that I applied to in EA and ED and I would rather go to my ED if I get accepted (there is not that much chance). I did not know that I had until may to pay the deposit and the college where I got accepted sent me emails to pay my deposit. So I didnt want to lose my place and paid it. I just realized now that I could have waited until may. However my ED and other EA's will reply in about a month. Will they ever know that I paid a deposit? Should I immediately cancel my deposit? Would I lose my place forever if I cancel my deposit? Or can I wait until the ED and EA's and cancel in december or January if I get accepted to a better college?</p>
<p>If you get accepted to the ED school you MUST go there - you signed a contract agreeing to that. You will have to withdraw from this first school and forfeit your deposit if accepted by the ED school. You cannot wait to hear from a “better college” if you are accepted by the ED school.</p>
<p>You want the advantages of applying ED, then you take the risks of applying ED. </p>
<p>I know, I would be really happy to go to my ED. Thats why I’m worried that they could find out that I paid a deposit to another school. But than if I cancel my deposit and the ED doesn’t accept me than I cant go to my first school. Im confused. </p>
<p>Wait until you hear from your ED school, if accepted then retract the deposit from the previous school. </p>