NMF and housing/enrollment deposits

<p>A few colleges that DD is looking at require an enrollment deposit before submitting a housing deposit. Obviously, we would not submit an enrollment deposit at more than one school. If we have not decided on a school, will putting down an enrollment deposit (at one school only) be a problem if she gets NMF and changes her mind about schools? If she wants to put money and a deposit down to secure housing, what happens if she is NMF and changes to a different school? Is she OK since at this point she hasn't put down any first choice college? She is well above our state average and has no C's with a solid SAT score so hopefully she will be NMF. She has one school that is top of her list that has limited housing that she would consider acceptable but she does want to see all offers available to her from other schools. Will she forfeit any NMF money? Has anyone done this?</p>

<p>I posted a similar query - not related to NMF - hadn’t really thought about it from that angle - :confused: in the Parents’ Forum as well as in the Alabama forum. </p>

<p>Which schools are they? I was under the impression that Alabama was the only one that required and enrollment deposit prior to a housing deposit, but I certainly am not sure. My question was specifically about the enrollment deposit. You are 100% correct that you can only make one. </p>

<p>My ds will likely be NMF as well. I am not 100% sure of how the process works, but I do believe one can <em>change</em> one’s first choice school up until a certain deadline. Hopefully, someone else will chime in and reply about that.</p>

<p>It sounds like you need to get housing solidified at one school in order to get what you want, but you are concerned that the school choice might change. On the other threads, I was told that one could make one enrollment deposit and then if she decides to enroll elsewhere, she could contact that school and withdrawal her enrollment and then enroll elsewhere. The whole thing makes me nervous, however.</p>

<p>I will be watching this thread.</p>

<p>For NMF, the first choice school deadline is April 30. You would probably be best off leaving it undecided until that deadline. You can’t change it after this deadline.</p>

<p>Also I should add that some of the schools that offer large merit scholarships to NMF require you to designate them as first choice earlier than the NMSC deadline.</p>

<p>Obviously, we would not submit an enrollment deposit at more than one school</p>

<p>Well, many people do submit enrollment deposits at more than one school. Schools that aren’t on the Common App don’t have any such agreements. And, frankly, not sure if schools that are on the Common App really know/care if a student double deposits.</p>

<p>Thanks for the help. If anyone has done this before, I would love to hear of your experience and how it turned out.</p>

<p>IF you can afford it, you should consider multiple enrollment deposits (in some cases non-refundable) if the school requires it to put down a housing deposit (in most cases we found fully refundable within certain parameters) it can take a lot of stress out of the process. We were able to assure that our son had a good choice of rooms at Alabama and received the full housing refund from the other school he was considering. We did lose the enrollment deposit, but it was worth it to our family. The other advice I would give is pay close attention to scholarship application deadlines and maybe put in at least one app at a “rolling admissions” school. It helps to have one acceptance in the bag before Thanksgiving/Christmas holidays. Plus, stay on this thread–it is a great resource.</p>

<p>Thank you so much Aggie 84. Even though I have only recently posted, I have been reading these forums for over a year and have gained a tremendous amount of knowledge in the process. I appreciate all the advice. :)</p>

<p>

Whether or not on the Common App, most schools belong to NACAC and abide by their practices. Generally speaking, multiple enrollment deposits are contrary to these and could result in cancellation of admission unless it is clear that a deposit is not considered binding. If it is binding, your obligation is to contact the admissions office of the schools you would like to “hold” and discuss options with them.</p>

<p>^
When I called Alabama the reply I got was, “Yes, it’s binding, but you can cancel it. It’s no big deal.” :/</p>

<p>ETA: I really wish they would just up the price of their housing deposit and call ALL of it “housing,” and not require the enrollment deposit as a prerequisite to their housing deposit. It may fall off the list. I’m not sure it’s worth the risk.</p>

<p>At Texas A&M things happen very fast. App deadline is 12/1. Due 1/15-$325 housing deposit($300 refundable until 5/1.) Housing fills up that fast and after that you likely won’t get housing on campus. It was one of D’s NMF scholarship safety schools. But we didn’t notice the housing deposit deadline until it was too late. Also, it’s one of the schools with residential honors program and with a separate app for the honors program. You cannot be admitted to honors program unless you have paid the housing fee by the 1/15 deadline. </p>

<p>It’s not an enrollment deposit exactly, so probably doesn’t violate the multiple deposit rule. But not sure about that. Anyway, something to be aware of if you apply there, since money due so much earlier than most schools.</p>

<p>Generally speaking, multiple enrollment deposits are contrary to these and could result in cancellation of admission</p>

<p>While there is this claim, there hasn’t ever been a reported instance here on CC. Schools don’t know where you’ve deposited at, nor do they have the time or resources to find out. It’s a paper tiger threat.</p>