Binding Deposit Question Forum

roguey · Post by **roguey** » Mon Apr 12, 2010 10:46 am

Does anyone know what happens if you submit a binding deposit and are then unable to attend due to financial reasons (ex. credit not good enough for grad plus and no co-signer)? Would you be able to say, retake the LSAT and try again the next year, or are you put on some sort of blacklist?

yeff · Post by **yeff** » Mon Apr 12, 2010 10:49 am

If you decide not to attend after making a binding deposit, you cannot attend any law school for '10-'11 and lose your deposit. Some places have partial refunds depending on the date you withdraw.

You can reapply the next year, with or without retaking the LSAT.

roguey · Post by **roguey** » Mon Apr 12, 2010 10:57 am

Thank you for your quick response!! So noone will try to recover the cost of tuition from me or anything like that? I know the deposit is non-refundable, but I just don't want to get roped in and not be able to afford attendance. I really wish they would pre-qualify people for plus loans. That would make me a lot more comfortable.

Jrugg88 · Post by **Jrugg88** » Mon Apr 12, 2010 10:58 am

How do you know if a school's deposit is "binding"/ which schools' deposits are binding?

yeff · Post by **yeff** » Mon Apr 12, 2010 11:07 am

Read the fine print? Call and ask?

Binding Deposit Question Forum

Binding Deposit Question

Re: Binding Deposit Question

Re: Binding Deposit Question

Re: Binding Deposit Question

Re: Binding Deposit Question

Register now to search topics and post comments!