Can I make a deposit by may 1st for two schools therefore giving me more time to think about my decision?
<p>Not a good idea from what I know & have heard. In fact, on my son's acceptance letter it states that once you have made your deposit you MUST reject your other schools. I also have heard that if it is just a housing deposit then you may just lose your money. I suggest checking with the both schools before you do anything.</p>
<p>Make up your mind, it is unethical to double-deposit and if the schools find out, you can be in trouble.</p>
<p>In my D's welcome packet, the school states that it is assuming it have your only deposit and if it should discover you have made more than one deposit (don't fool yourself - adcoms at peer schools DO talk to each other to compare notes on various topics!), her school will rescind its acceptance. Depends on how lucky you're feeling.....</p>
<p>It depends on the school. Some schools make it very clear that the deposit is refundable until a certain date. If that is the case, there is no problem making a deposit with another school. Most housing deposits are non-refundable though.</p>
<p>While the deposit might be refundable, I don't think the school intends for you to put down deposits at two schools. I believe this is more for the student who is accepted off of the wait list from their first choice school and decides to attend there instead of the school with the original deposit. This deposit would be withdrawn and a new deposit placed at the wait list school.</p>
<p>In effect, is it really any different than sending in a deposit to one school when you are waitlisted at another? </p>
<p>Anyway, if my child couldn't decide I would call the admissions offices and say we needed more time for visits, to hear about scholarships, or whatever was holding up the decision. Here it is April 26 and we have yet to hear about one scholarship. When we called, they said they will notify us by the end of the week. That doesn't leave much time to decide on a college. For us, it's not a deal breaker but for some kids it might be and I could see how it could hold things up.</p>
<p>Well, yes, it is different than a deposit in at one school while on a waitlist at another - you are only holding one spot for yourself, since you haven't yet been admitted to the waitlisting school. With 2 deposits in, you are taking a spot at each school, so whichever school you eventually tell 'no thanks' has its hands tied, unable to move to its waitlist to fill the spot you're holding, and in the process prolonging someone else's agonizing time on a waitlist.</p>