<p>"Admitted students who accept Lafayettes offer of admission are required to submit the enrollment form enclosed with the acceptance letter, and to post a $700, non-refundable deposit."</p>
<p>What is this? If I am applying for financial aid, I can't possibly provide $700 (ok my family income is $2000). Can this provided by the financial aid package? Btw, do all colleges require a non-refundable deposit?</p>
<p>Yes, all schools require a non-refundable deposit. Did you apply early decision? If you did, the agreement is binding. If you applied EA or regular, then the deadline isn’t until May 1.</p>
<p>You will receive your financial aid packages well before the May 1 deadline. If finances are an issue then you should not apply early decision, as the acceptance is binding.</p>
<p>If you were accepted ED, I would call admissions. I would hope that something can be worked out.</p>
<p>“If finances are an issue then you should not apply early decision, as the acceptance is binding.”</p>
<p>If you apply ED asking for financial aid, acceptance is binding if you ACCEPT the financial aid offer. If the offer is insufficient to support attendance, you decline the offer and apply RD elsewhere.</p>
<p>@zphiloj</p>
<p>Sent you a PM. In a similar boat as you, ~3 years ago.</p>
<p>If I receive a financial aid support, would it cover this immense deposit? Btw, I am applying through Regular Decision.</p>
<p>Again, I strongly suggest you take this up with the admissions department. That is the one place where your question can be answered correctly and definitively.</p>
<p>Right you are, but this time they won’t respond (christmas break or sth.) So I was hoping to get advice from students attending. Luckily, I have my questions answered 
</p>
<p>Thanks</p>