Deposit to Hold Place in Class?

[Medison]

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What does this mean exactly?

If I were to get into Med School 1 on November 1 for example, and it does not have an option to "Deposit to Hold Place in Class" and its "Maximum Time for Applicant's Response to Acceptance Offer" is 2 weeks, does that mean that I will no longer be technically allowed a seat in the class of Med School 1 after the 2 weeks are up (like equivalent to them rejecting me)? What if Med School 2 is my dream school and I am waiting until February for their response? What if Med School 2 then rejects me? Does that mean I won't be going to med school next year?

Thank you for clarifying this for me.

 

[PinkIvy08]

It means that for Med School 1 you respond within 2 weeks stating that you intend to accept the offer. You still have until May 15th to withdraw from Med School 1 if Med School 2 comes around later with an acceptance. You can hold as many seats as your pockets can afford until May 15th. Some schools require a deposit to hold a seat, others do not.

 

[RevMD]

It means that for Med School 1 you respond within 2 weeks stating that you intend to accept the offer. You still have until May 15th to withdraw from Med School 1 if Med School 2 comes around later with an acceptance. You can hold as many seats as your pockets can afford until May 15th. Some schools require a deposit to hold a seat, others do not.

Oh, how they love to take our money...

 

[DrBowtie]

Oh, how they love to take our money...

They are usually refundable before May 15th.

 

[redsquareblack]

Relax, it's just an RSVP, but, like, the kind that discourages RSVPing multiple parties. This way, they get an idea of who is planning on attending, and also whether or not you're likely to attend, whether or not you say you will.

If you're willing to pay School 1 $200 to hold your seat, then that means you value the chance to go to School 1 enough to put money down on it, which is different then if you just had to say "Hey, hold that seat for me, please!".

 

[elektroshok]

Relax, it's just an RSVP, but, like, the kind that discourages RSVPing multiple parties. This way, they get an idea of who is planning on attending, and also whether or not you're likely to attend, whether or not you say you will.

If you're willing to pay School 1 $200 to hold your seat, then that means you value the chance to go to School 1 enough to put money down on it, which is different then if you just had to say "Hey, hold that seat for me, please!".

And honestly, $200 to hold a seat for medschool is chump change in the scheme of this whole process.

 

[WhiteTiger]

Are these typically refundable? After all, they don't say "Non-refundable"!

 

[DrBowtie]

They are usually refundable before May 15th.

Are these typically refundable? After all, they don't say "Non-refundable"!

.