<p>Does anyone know if there are consequences for putting deposits down for 2 colleges, if you are trying to decide between both of them? I'm waiting for a financial aid decision from one of my colleges.</p>
<p>This is one of the rare cases in which double depositing can be justified. But first do your best to get that Fin Aid offer from college A, and/or ask A and B for an extension on the deposit date. Some places are happy to do that.</p>
<p>The most likely consequence will be that you will lose the deposit at one place. Most high schools will only send out one final transcript after graduation, so do make your final decision ASAP.</p>