Renegging on a deposit to go to a different school?

<p>I put down a deposit at UT-Austin, and I have every intention of going there, UNLESS I get into Harvard or somewhere comparable...
If I DO decide to change my mind and go somewhere else, how would I do that, and do you guys think it is a good idea?</p>

<p>It is done all the time; before May 1st!!</p>

<p>Its what is done when students get off a waitlist, so you can do it any time you want. What you can’t do is put down 2 deposits and figure you’ll pick a school later.</p>

<p>It’s done all the time. Nothing unethical about it. Good luck.</p>

<p>If I pull out, will I get my deposit back?</p>

<p>Usually not. It’s your fee to hold a place for you. If you decide to turn it down later for any reason, that’s the cost you incur.</p>

<p>Like others said, this is very typical and all the colleges understand that and won’t hold it against you unless it’s something like mikemac said: purposely double depositing b/c you can’t make up your mind. That’s just plain wrong.</p>