accepting at one school and remaining on waitlist?

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princessSMT

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hi all🙂

what happens if you accept and put down the small deposit at one school,
but then get accepted later by a school you like better?

how does all of that work out financially? when do the waitlist letters really start coming?

thanks for your help!
 
I know there's absolutely no problem with it until May 15th. Beyond that, I'm not entirely sure, but I still don't think any school is going to prevent you from going where you want to go. I don't know what you mean by financially, but whether you get your deposit back is up to the school. Few give them back before May 15th and I don't think any refund them after.
 
After May 15 you are supposed to hold 1 acceptance. This frees up spaces for all the other students across the country. Meanwhile feel free to hold onto waitlist spots. If one opens up at a school you desire more, then you can go for the school you desire more. Just don't hold 2 acceptances at the same time. Be nice to all of us hoping for the school of our dreams.
 
You can be on as many waitlists as you want, but you should only be holding onto one actual acceptance after May 15th.

If the school you are holding an acceptance at requires a deposit before May 15th, those deposits are almost always nonrefundable should you choose not to attend (ie, if you are accepted off of a waitlist elsewhere). However, if you attend, the deposit is usually credited towards the various charges due at the start of the semester/orientation.

Waitlists typically do not start moving until the very end of May, early June. The greatest movement typically happens throughout June.

As for other financial considerations, if you are waitlisted at other schools you are seriously considering, definitely designate them on your FAFSA -- this will speed up your financial aid paperwork greatly, should you be admitted.
 
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