Can placing a deposit hurt you?

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The_Gavel
Posts: 77
Joined: Wed Nov 02, 2016 5:41 pm

Can placing a deposit hurt you?

Postby The_Gavel » Thu Apr 06, 2017 10:56 am

Hey everyone, so I'm still waiting back on a few decisions. I have a seat deposit due tomorrow (already had deadline extended) for a local school in the 75-100 ranking range. They have offered me a full scholarship so I'm considering placing a deposit and protecting my seat while I wait to hear back from some other schools. I'm wondering if me placing a deposit would have any impact on my admission decision at top 20 schools, and in particular if the fact that I placed a deposit at a lower tier school would be viewed in any negative light by top 20 admissions committees? I do have an offer from one top 20 school as well, would placing a deposit there have any impact on my chances? Thanks in advance!

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TexasENG
Posts: 1071
Joined: Mon Mar 02, 2015 5:31 pm

Re: Can placing a deposit hurt you?

Postby TexasENG » Thu Apr 06, 2017 11:11 am

alexp wrote:Hey everyone, so I'm still waiting back on a few decisions. I have a seat deposit due tomorrow (already had deadline extended) for a local school in the 75-100 ranking range. They have offered me a full scholarship so I'm considering placing a deposit and protecting my seat while I wait to hear back from some other schools. I'm wondering if me placing a deposit would have any impact on my admission decision at top 20 schools, and in particular if the fact that I placed a deposit at a lower tier school would be viewed in any negative light by top 20 admissions committees? I do have an offer from one top 20 school as well, would placing a deposit there have any impact on my chances? Thanks in advance!


Depending on the school placing a deposit is contingent on you withdrawing Acceptances from other schools.

Placing a deposit will have no impact on pending applications and you do not have to withdraw a pending application if you place a deposit.

Similarly to placing a deposit at a lower ranked school placing a deposit at a T20 will not impact any pending applications to other schools.

The_Gavel
Posts: 77
Joined: Wed Nov 02, 2016 5:41 pm

Re: Can placing a deposit hurt you?

Postby The_Gavel » Thu Apr 06, 2017 11:58 am

TexasENG wrote:
alexp wrote:Hey everyone, so I'm still waiting back on a few decisions. I have a seat deposit due tomorrow (already had deadline extended) for a local school in the 75-100 ranking range. They have offered me a full scholarship so I'm considering placing a deposit and protecting my seat while I wait to hear back from some other schools. I'm wondering if me placing a deposit would have any impact on my admission decision at top 20 schools, and in particular if the fact that I placed a deposit at a lower tier school would be viewed in any negative light by top 20 admissions committees? I do have an offer from one top 20 school as well, would placing a deposit there have any impact on my chances? Thanks in advance!


Depending on the school placing a deposit is contingent on you withdrawing Acceptances from other schools.

Placing a deposit will have no impact on pending applications and you do not have to withdraw a pending application if you place a deposit.

Similarly to placing a deposit at a lower ranked school placing a deposit at a T20 will not impact any pending applications to other schools.


Thank you for the reply that was very helpful. I'm assuming that if I was required to withdraw my acceptances that would be detailed in my admissions letter/packet? Not really something I want to call about haha. I know that my top 20 offer is contingent upon me withdrawing my other deposits by May 1 and it details that in the letter.

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TexasENG
Posts: 1071
Joined: Mon Mar 02, 2015 5:31 pm

Re: Can placing a deposit hurt you?

Postby TexasENG » Thu Apr 06, 2017 12:23 pm

alexp wrote:
TexasENG wrote:
alexp wrote:Hey everyone, so I'm still waiting back on a few decisions. I have a seat deposit due tomorrow (already had deadline extended) for a local school in the 75-100 ranking range. They have offered me a full scholarship so I'm considering placing a deposit and protecting my seat while I wait to hear back from some other schools. I'm wondering if me placing a deposit would have any impact on my admission decision at top 20 schools, and in particular if the fact that I placed a deposit at a lower tier school would be viewed in any negative light by top 20 admissions committees? I do have an offer from one top 20 school as well, would placing a deposit there have any impact on my chances? Thanks in advance!


Depending on the school placing a deposit is contingent on you withdrawing Acceptances from other schools.

Placing a deposit will have no impact on pending applications and you do not have to withdraw a pending application if you place a deposit.

Similarly to placing a deposit at a lower ranked school placing a deposit at a T20 will not impact any pending applications to other schools.


Thank you for the reply that was very helpful. I'm assuming that if I was required to withdraw my acceptances that would be detailed in my admissions letter/packet? Not really something I want to call about haha. I know that my top 20 offer is contingent upon me withdrawing my other deposits by May 1 and it details that in the letter.


The school will typically detail in their documentation somewhere (frequently wherever the deposit amount / deadline is) any contingencies. I've seen a mix of requirements from schools, but they are all usually pretty explicit if they have any requirements. If nothing is noted then I would go ahead and assume they don't require you to withdraw elsewhere.

The_Gavel
Posts: 77
Joined: Wed Nov 02, 2016 5:41 pm

Re: Can placing a deposit hurt you?

Postby The_Gavel » Thu Apr 06, 2017 12:27 pm

TexasENG wrote:
alexp wrote:
TexasENG wrote:
alexp wrote:Hey everyone, so I'm still waiting back on a few decisions. I have a seat deposit due tomorrow (already had deadline extended) for a local school in the 75-100 ranking range. They have offered me a full scholarship so I'm considering placing a deposit and protecting my seat while I wait to hear back from some other schools. I'm wondering if me placing a deposit would have any impact on my admission decision at top 20 schools, and in particular if the fact that I placed a deposit at a lower tier school would be viewed in any negative light by top 20 admissions committees? I do have an offer from one top 20 school as well, would placing a deposit there have any impact on my chances? Thanks in advance!


Depending on the school placing a deposit is contingent on you withdrawing Acceptances from other schools.

Placing a deposit will have no impact on pending applications and you do not have to withdraw a pending application if you place a deposit.

Similarly to placing a deposit at a lower ranked school placing a deposit at a T20 will not impact any pending applications to other schools.


Thank you for the reply that was very helpful. I'm assuming that if I was required to withdraw my acceptances that would be detailed in my admissions letter/packet? Not really something I want to call about haha. I know that my top 20 offer is contingent upon me withdrawing my other deposits by May 1 and it details that in the letter.


The school will typically detail in their documentation somewhere (frequently wherever the deposit amount / deadline is) any contingencies. I've seen a mix of requirements from schools, but they are all usually pretty explicit if they have any requirements. If nothing is noted then I would go ahead and assume they don't require you to withdraw elsewhere.


Very helpful thanks!




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