Deposit Qeustion

A forum for those current students who are or may be transferring from one school to another. Post any questions, advice, or other transfer related comments here.
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rshakle
Posts: 11
Joined: Fri Feb 04, 2011 1:05 am

Deposit Qeustion

Postby rshakle » Sun Jul 10, 2011 3:21 pm

I'm in at WUSTL - which is great.

The $800 deposit by 7/15, but I need to pay today in order to be eligible for early OCI. However, I haven't heard back from a couple other schools that I am considering yet. If I submit the deposit today will that negatively impact being accepted to other schools. WUSTL's online deposit website phrases it like this:

Check here if you accept your offer and will be attending. (And pay the 800)

OR

Check here if you wish to turn down your offer of admission.

Will accepting preclude me from backing out/accepting another school's offer later? ( I understand that the $ will be lost.)

Thanks! A quick response would be great as I am doing this right now.

User avatar
starchinkilt
Posts: 361
Joined: Mon Sep 28, 2009 4:22 am

Re: Deposit Qeustion

Postby starchinkilt » Sun Jul 10, 2011 3:27 pm

rshakle wrote:I'm in at WUSTL - which is great.

The $800 deposit by 7/15, but I need to pay today in order to be eligible for early OCI. However, I haven't heard back from a couple other schools that I am considering yet. If I submit the deposit today will that negatively impact being accepted to other schools. WUSTL's online deposit website phrases it like this:

Check here if you accept your offer and will be attending. (And pay the 800)

OR

Check here if you wish to turn down your offer of admission.

Will accepting preclude me from backing out/accepting another school's offer later? ( I understand that the $ will be lost.)

Thanks! A quick response would be great as I am doing this right now.


Call the school and ask. GULC didn't care that I withdrew after sending a deposit in (EA), but Mich told me I had to withdraw from other schools once I sent in my deposit.

lovelaw27
Posts: 218
Joined: Thu Dec 18, 2008 6:35 am

Re: Deposit Qeustion

Postby lovelaw27 » Sun Jul 10, 2011 4:14 pm

Bidding at WUSTL for eiw ends at noon tomorrow. It is going to take a little bit of time for them to send you your registration information for OCI, and you need to make a cover letter for most of the employers. In other words you may have run out of time to do eiw. Also bidding for some of the off campus programs is already over. You may want to consider going to a different school, or calling the school when it opens tomorrow, try and get the registration done as quick as possible and see how many cover letters you can get done. You are in a tough spot.

concurrent fork
Posts: 669
Joined: Sun Mar 21, 2010 9:40 am

Re: Deposit Qeustion

Postby concurrent fork » Sun Jul 10, 2011 5:21 pm

rshakle wrote:Will accepting preclude me from backing out/accepting another school's offer later? ( I understand that the $ will be lost.)

No.

User avatar
K.R.I.T.
Posts: 56
Joined: Fri Jul 08, 2011 11:20 am

Re: Deposit Qeustion

Postby K.R.I.T. » Mon Jul 11, 2011 9:13 am

I had the same question regarding WUSTL's deposit language. I'm still waiting on two decisions... so this won't be binding?

rshakle
Posts: 11
Joined: Fri Feb 04, 2011 1:05 am

Re: Deposit Qeustion

Postby rshakle » Mon Jul 11, 2011 1:03 pm

thanks for the heads up lovelaw - I was able to get my login info this morning and bid on as many firms as I could.

boilerplated
Posts: 56
Joined: Mon Apr 11, 2011 7:57 pm

Re: Deposit Qeustion

Postby boilerplated » Mon Jul 11, 2011 3:07 pm

I found this searching the forum archives: http://www.lsac.org/LSACResources/Publi ... oodadm.pdf

Relevant language:

After April 1, except under binding early decision plans, every accepted applicant should be free to accept a new offer from a law school even though a scholarship has been accepted, a deposit has been paid, or a committment has been made to another school. To provide applicants with an uncoerced choice among various law schools, no excessive nonrefundable deposit should be required solely to maintain a place in the class. Beginning on May 15 of each year, law schools that participate in the Commitment Overlap Service will be provided with information concerning all enrollment commitments to any law school made by those applicants who have indicated an intention to enroll in that school’s entering class. A law school should clearly communicate its policies on multiple enrollment commitments upon admission.


This seems to be written for first-year applicants, but it doesn't say it only applies to those applicants. Does anyone more familiar with LSAC policies know whether this applies to transfer students as well?




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