Can you make multiple deposits to schools? Forum

(Rankings, Profiles, Tuition, Student Life, . . . )
Post Reply
taylorswiftfan

Bronze
Posts: 104
Joined: Sun Jun 16, 2013 11:50 pm

Can you make multiple deposits to schools?

Post by taylorswiftfan » Sun Apr 06, 2014 12:24 am

Can you make multiple deposits to schools? I'm still waiting to hear back from schools and am also wait listed at a few. One school is asking me to deposit soon but I'm not sure if I want to go. At this point I'm thinking I just might send in a deposit. If I do, can I still send deposits to other schools in the future?

User avatar
Stubbazubba

New
Posts: 64
Joined: Sun Mar 23, 2014 2:17 am

Re: Can you make multiple deposits to schools?

Post by Stubbazubba » Sun Apr 06, 2014 1:00 am

To my knowledge, if you send in a deposit, you agree to withdraw from any school that has admitted you. You can still wait for waitlists or those you haven't heard back from yet, but those that have already accepted you you have to turn down. I'm not an expert, though, and I don't know if that's universal or just for the schools I'm looking at. Double check.

User avatar
dd235

Bronze
Posts: 210
Joined: Wed Oct 02, 2013 1:33 am

Re: Can you make multiple deposits to schools?

Post by dd235 » Sun Apr 06, 2014 1:23 am

Stubbazubba wrote:To my knowledge, if you send in a deposit, you agree to withdraw from any school that has admitted you. You can still wait for waitlists or those you haven't heard back from yet, but those that have already accepted you you have to turn down. I'm not an expert, though, and I don't know if that's universal or just for the schools I'm looking at. Double check.
Not true (for most schools at least). Read the offer to see if it applies to you (e.g. “depositing at our school binds you to withdrawing all other acceptance offers”)

Check out this post http://www.top-law-schools.com/forums/v ... t#p7573611

Also, feel free to use the search function

User avatar
LET'S GET IT

Silver
Posts: 1343
Joined: Mon Apr 22, 2013 12:19 pm

Re: Can you make multiple deposits to schools?

Post by LET'S GET IT » Sun Apr 06, 2014 1:35 am

Stubbazubba wrote:To my knowledge, if you send in a deposit, you agree to withdraw from any school that has admitted you. You can still wait for waitlists or those you haven't heard back from yet, but those that have already accepted you you have to turn down. I'm not an expert, though, and I don't know if that's universal or just for the schools I'm looking at. Double check.
False. There are a handful of schools that say they don't allow you to deposit at multiple schools, but most allow it. I am depositing at three schools and called all of them to confirm it was ok, which all three said it was. This changes for the second deposit (usually early June). You cannot deposit at multiple schools for that one.

yadiermolina

New
Posts: 59
Joined: Mon Jan 13, 2014 3:54 am

Re: Can you make multiple deposits to schools?

Post by yadiermolina » Sun Apr 06, 2014 2:33 am

how about duke + UVA? planning on it...

Want to continue reading?

Register now to search topics and post comments!

Absolutely FREE!


TigerDude

Bronze
Posts: 173
Joined: Wed Oct 30, 2013 2:42 pm

Re: Can you make multiple deposits to schools?

Post by TigerDude » Sun Apr 06, 2014 2:18 pm

I can understand throwing away a deposit for a better offer if it comes in, but what is it that keeps you from deciding right now?

User avatar
LET'S GET IT

Silver
Posts: 1343
Joined: Mon Apr 22, 2013 12:19 pm

Re: Can you make multiple deposits to schools?

Post by LET'S GET IT » Sun Apr 06, 2014 3:28 pm

TigerDude wrote:I can understand throwing away a deposit for a better offer if it comes in, but what is it that keeps you from deciding right now?
Well for me it's for negotiation purposes. If you only deposit at one school, the school has all the leverage and has no reason to increase your scholarship. If you are deposited at 2 or 3 schools, they may feel like they have a real shot at you with a scholarship bump. I'm basically spending a few hundred dollars now in the hopes it saves me thousands in the future. I could easily end up at any of the three schools depending on how the $$ stuff shakes out.

I'm assuming others deposit at multiple schools for the same reason.

User avatar
JazzieShizzle

Bronze
Posts: 151
Joined: Wed Jan 29, 2014 12:47 am

Re: Can you make multiple deposits to schools?

Post by JazzieShizzle » Sun Apr 06, 2014 9:15 pm

LET'S GET IT wrote: Well for me it's for negotiation purposes. If you only deposit at one school, the school has all the leverage and has no reason to increase your scholarship. If you are deposited at 2 or 3 schools, they may feel like they have a real shot at you with a scholarship bump. I'm basically spending a few hundred dollars now in the hopes it saves me thousands in the future. I could easily end up at any of the three schools depending on how the $$ stuff shakes out.

I'm assuming others deposit at multiple schools for the same reason.
Have you already tried to negotiate with these schools?
It's incorrect that schools won't increase scholarships after they receive the deposit. In fact, some schools won't negotiate until after the deposit deadline (I assume so that they can be sure they don't overspend their scholarship budget). And I'm pretty sure schools aren't notified of who has made multiple deposits until June or July. I think this was mentioned in the Spivey thread recently so you should look there to confirm.

User avatar
LET'S GET IT

Silver
Posts: 1343
Joined: Mon Apr 22, 2013 12:19 pm

Re: Can you make multiple deposits to schools?

Post by LET'S GET IT » Sun Apr 06, 2014 10:28 pm

JazzieShizzle wrote:
LET'S GET IT wrote: Well for me it's for negotiation purposes. If you only deposit at one school, the school has all the leverage and has no reason to increase your scholarship. If you are deposited at 2 or 3 schools, they may feel like they have a real shot at you with a scholarship bump. I'm basically spending a few hundred dollars now in the hopes it saves me thousands in the future. I could easily end up at any of the three schools depending on how the $$ stuff shakes out.

I'm assuming others deposit at multiple schools for the same reason.
Have you already tried to negotiate with these schools?
It's incorrect that schools won't increase scholarships after they receive the deposit. In fact, some schools won't negotiate until after the deposit deadline (I assume so that they can be sure they don't overspend their scholarship budget). And I'm pretty sure schools aren't notified of who has made multiple deposits until June or July. I think this was mentioned in the Spivey thread recently so you should look there to confirm.
Schools can find out where you deposited starting on May 15th. You are right, lots of schools won't really negotiate until after the deposit deadline so they can get a feel for their budget and their medians and all that good stuff.

Maybe I wasn't clear, I agree that many schools won't negotiate until you deposit, that's kind of the whole point of putting down multiple deposits. Sorry if I didn't word that very well.

Edit: yes, I have begun negotiating already and was very up front with all the schools that I was depositing at three to keep my options open a little longer.

Want to continue reading?

Register for access!

Did I mention it was FREE ?


Post Reply

Return to “Choosing a Law School”