Declining after accepting the offer

Question

Hi All,
I am little confused and would appreciate help of the club members.
I got a admit call from X school and have to submit the deposit in a week time.
But I am still waiting for a decision from another 2 schools. And I dont know whether the final result would be out in another week for those two schools. So here is my question: 
If I submit my deposit in School X, is it possible to accept offer from another school?
I understand that I stand to lose my deposit amount at school X, but is it ok to go for other school?

Any suggestions??

Futuremba1 · Answer

Deciding to attend another school after putting down a deposit at one school is fine. Schools understand that this is going to happen with several students each year, and this is one of the reasons why they have the wait list.

If you decide to go somewhere else after putting down your deposit, you should notify the first school as soon as you know that you're not going to be matriculating there in the fall. The admissions office probably won't be very happy about it, but they'll appreciate you reaching out to them.

iamwhoiam123 · Answer

Thanks...
I just wanted to make sure that it is not binding...
Has any one postponed their decision dates??

piggles · Answer

Most of the top schools won't let you postpone a decision.

Posted from my mobile device

thmgoodw · Answer

binding? indentured servitude is illegal in the US :-D

It is similar to walking away from buying a house if you are the buyer and you already paid your deposit. you lose the deposit, but otherwise you just move on.

asimov · Answer

Walking away is fine after the deposit, but make sure you notify the school. After you make the desposit, school will assume you are attending until you don't show up for the orientation. This really mess up the class size and you are taking away a slot that would have gone to someone else.

As a note on the binding. If you applied Early Action and renege on your decision, this is generally considered unethical.

As a note on the binding. If you applied Early Action and renege on your decision, this is generally considered unethical.

iamwhoiam123 · Answer

Thank you all for the replies..

Posted from my mobile device

VeritasPrepMike · Answer

Of course it is possible. Remember, this is your life and career. The school won't really care all that much, at this point you aren't much more than an application to them

They will simply go to the next name on their list and you'll make someone on the waitlist very happy!

Declining after accepting the offer

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