Can you accept more than one school. I recently received an acceptance from a school, not my first choice. I won't hear until late January from my first choice school. If you take an acceptance and then receive another acceptance later can you turn the first one down and take the other school acceptance. What I am wondering is once you accept an offer can the other schools find out that you have accepted another school. Can you get penalized for doing this. I know I won't get my money back, but I want to make sure nothing else would happen.