<p>I was recently accepted into the University of Minnesota, although it is not my first choice (Ohio State) it's still a school I could possibly attend. My guidence counslor told me that I should not put down the 25$ housing deposit yet and wait to see if I can get any scholarships from them. My question is: Is she right should I wait and see if they'll offer me any scholarships or put the deposit down in case I go there so I have a nice option of housing to choice from?</p>
<p>Many schools have limited housing, so it is a good idea to put down housing deposits to schools that are under serious consideration, before you know if you’ll be attending.
& $25 isnt bad, we had to forfeit $100 deposit & that was over ten yrs ago.</p>
<p>This is something you will want to check to see each individual schools policy. Some schools request a housing deposit to “get in line” for housing. At schools where this is the case it can make sense to put down that housing deposit before you decide to attend. it may, however, be non-refundable. </p>
<p>Other schools guarantee housing for all freshmen, and do not use the housing deposit (made before the tuition deposit) as a way of “getting in line” for housing. This is how it works where I teach. </p>
<p>Congratulations on your acceptance to University of Minnesota!</p>
<p>Thank you so putting down a deposit wont affect any possible financial aid I could be offered ?</p>
<p>If you are at all considering UMN, I would put down the $25 housing deposit. This would then put you in “front of the line” with your housing choice if you do decide to go there. $25 is very reasonable and not much to lose if you end up at Ohio State. Putting down a deposit will not change any financial aid or scholarship you might be considered for.</p>
<p>I agree, housing deposits are ususaly small and if housing is scarce you want to be on the list. A housing deposit would not impact anything financial aid is doing. Not only that sometimes it’s first come first served when selecting housing. $25 is not much money in the grand scheme of things. More often than not they are refundable. Read the fine print on the housing contract.</p>