Deposit to hold your spot

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ToothBlaster

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Are you allowed to send a deposit to more than one school that offers you acceptance in order to hold your spot?
If one school offers me admission on December 1, can I send my deposit to them, in order to hold my spot, as I wait for an interview invite from another school that I have not yet interviewed for?
 
You can, but deposits are non-refundable, so if you deposit at one school and then go on another interview and get accepted to your top choice, you forfeit the previous $500-$1,000 that you paid earlier.
 
Are you allowed to send a deposit to more than one school that offers you acceptance in order to hold your spot?
If one school offers me admission on December 1, can I send my deposit to them, in order to hold my spot, as I wait for an interview invite from another school that I have not yet interviewed for?

Yes, you can do this. It would only make sense if the deadline to confirm enrollment occurs before you've heard from a school higher on your priority list.

Please, however, avoid holding more than one spot once you've received all of your acceptances. Be courteous to those waitlisted and let the schools you won't be attending know ASAP.
 
As the general rule, most schools will give you 45 days to make your deposit, confirming that you will in fact matriculate into their school in the fall. Some schools will be lame, and only give you 30 days. My advice would be to hold off making a deposit as long as possible. Obviously, if the time winds down, make one at your highest ranking accepted school. While losing $1000 may seem like a big deal now, being at your highest ranking school for four years will be well worth it...and it may even be cheaper if that school ends up having lower tuition.
 
Yes, you can do this. It would only make sense if the deadline to confirm enrollment occurs before you've heard from a school higher on your priority list.

Please, however, avoid holding more than one spot once you've received all of your acceptances. Be courteous to those waitlisted and let the schools you won't be attending know ASAP.

No wonder surprises always pop up in the last hour for the wait-listed folks.
 
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