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Manager
Joined: 06 Feb 2006
Posts: 223
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Deposit after admit? [#permalink]
 28 Dec 2006, 07:23
After the admit, the school will ask you to deposit (Approx 1000). But if you're still waiting for other schools, what should you do:
1/ Deposit to secure a spot
2/ Ask other school to speed up a little bit
3/ you opinions?
Thanks
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Senior Manager
Joined: 15 Jul 2006
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Don't you get a deadline for deposit that is pretty far out - like May or something? That should give you enough time to hear back from other schools, right?
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Director
Joined: 07 Aug 2006
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It depends on the school. I think they generally want people to commit before the next round decisions are released. They need to know how many people they still need to take to fill up the class. I'm not sure if this is universally true, but I know that for several schools the deposit deadlines are 4-5 weeks after you receive the admit note. Others give you a bunch of time. Some schools will accommodate an extension if you ask for it (at Kellogg said so).
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GMAT Club Legend
Affiliations: HHonors Diamond, BGS Honor Society
Joined: 05 Apr 2006
Posts: 5881
Schools: Chicago (Booth) - Class of 2009
GMAT 1: 730 Q45 V45
WE: Business Development (Consumer Products)
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See I never worried about this kind of thing, cause it seemed futile. If I had an accept, and was waiting on another schools decision, the only "choice" is to deposit if the dates forced me to. I just accepted it as reality, and never gave it a second thought. What choice do you really have? (other than asking for an extension)
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Manager
Joined: 25 Sep 2006
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Hey Rhymey,
Now that you have 2 admits, what is your deposit situation?
Are you pretty much set on going to Chicago? What are your deposit deadlines?
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