<p>There is a deposit that you put down, that you will forfeit if you choose to go to a school that took you off the waitlist (or move out country, decide to stay in public school, etc). Then there is the first or second payment (I always get confused if its the June or Aug) after which you commit to the school for the full tuition, even though you are not going to attend. There is not one school that is on any cc list, that will allow a child to matriculate if a family has committed to such an extent to another school. So you will lose a deposit, and a chance at school.</p>