<p>It has come to my attention that some CC members here are giving the advice that it is "fine" to double-deposit, send two deposits in to different schools, and make up your mind later.</p>
<p>This is patently untrue. First, it is in direct violation of the standards set by the National Association of College Admissions Counselors - see <a href="http://www.nacacnet.org/NR/rdonlyre...dentsRtsNEW.pdf%5B/url%5D">http://www.nacacnet.org/NR/rdonlyre...dentsRtsNEW.pdf</a></p>
<p>Colleges and universities do check, and they do and will rescind admissions offers if they get wind of double depositing. This year, with waitlists larger than ever at some schools, I expect they will be looking more closely at double depositing issues and the risk of having an offer rescinded will rise accordingly.</p>
<p>Additionally, students must send in final transcripts from their high school to any college where they have agreed to attend. Many high schools will refuse to send double transcripts.</p>
<p>When you double deposit, you are, of course, holding a spot that could go to a waitlisted student. You are also adding to problems for next year's applicants. One of the reasons that waitlists have become so large this year is that colleges can no longer make accurate predictions about who will be there on the first day. So, double depositing my ultimately lead to even larger waitlists.</p>
<p>Finally, if this practice is widespread, it is likely that the deposits required by colleges for next year's crop of applicants will rise into the thousands of dollars, not a few hundred.</p>
<p>In short, this is a VERY bad idea. In spite of what you may read here where others are saying it is OK to do this, it is not. If you do decide to take this unethical route, then please do not advise others to also do so, and please be sure you can live with the potential consequence of having your offers rescinded at both schools. </p>
<p>If you, or your child, honestly need more time, call the schools in question and explain the situation and ask for an extension of a week or so. They may grant it, and it would be far preferrable to the ethics questions and risks of double depositing.</p>