<p>i know this probably is a silly question, but if you're waitlisted at a school, do you accept the waitlist spot, and then you're also allowed to deposit and say yes to another school?</p>
<p>Yes. The only thing you may not do is to say YES to two schools at the same time. If you get in from the waitlist and decide to attend, you lose your deposit to the first school you said yes to, but you can withdraw from the first school - just let them know immediately if you get off the waitlist at another school.</p>
<p>A friend of mine is doing it for Smith and UPenn. I guess u can do it as well.</p>