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gmatmonster08
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deadline question 05 Sep 2011, 14:04
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Hi

I was planning on applying Round 1 to my top school and Round 2 to my other top school. Given that the accept deadline for Round 1 is before Round 2 announces if you got accepted or not, what is the policy on changing your mind.

Basically, if I am lucky enough to get in first round, I will have to say yes before I have the chance to evaluate my second round offer -- does anyone know how people deal with this? The reason I pushed the second app to second round was because I need more time for those essays

appreciate any help!
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losttraveler
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deadline question 05 Sep 2011, 16:32
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If you want to go to your round 1 school and get in will you go? If answer is yes, then you pay the deposit and attend. If you got into round 2 school, while not really ethical (not going to get onto this topic or discussion), and wanted to attend.. you would forfeit your round 1 deposit (assuming deposit deadline was prior to decision from round 2) and attend there. There are people who do this every year... I personally applied to CBS ED as that's where I plan to attend if admitted... but those are your options.
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gmatmonster08
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deadline question 05 Sep 2011, 17:23
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Thanks! I'm hoping not to have to change my mind, but you never know!

Do you know how large the typical deposit is?

Best,
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jk12
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deadline question 05 Sep 2011, 19:06
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gmatmonster08
Thanks! I'm hoping not to have to change my mind, but you never know!

Do you know how large the typical deposit is?

Best,
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gmatmonster08,
I've heard of deposits as less as 1000 usd at harvard to as large as 6000 usd for Columbia ED. Most schools should have deposit amounts that lie between these two. Hope that helps.
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losttraveler
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deadline question 06 Sep 2011, 07:23
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You can check the schools website and it will tell you deposit deadline where you see application deadline (along with amount). Most schools are 1-2.5K depending on the round you apply. Early decision at Tuck is 2.5K I believe and Columbia ED is 6K (god I can't wait to hopefully shell that out in the next 2 weeks).