<p>You might want to actually read the contract. If you decide not to attend UT and notify them by May 1st, the $300 is fully refundable. If you don’t sign the contract and pay the $300, the contract will be cancelled. Whether you get another opportunity would be a question best directed to the housing department. You probably should have asked them sooner since your deadline is today. Check the website about what you can do now:</p>