Seat Deposits
Posted: Tue Jan 21, 2014 8:03 pm
Not sure if this is the right forum for this but whatevs.
How are school deposits generally handled? I ask b/c NU says they need a deposit by 4/30 to keep my spot and I'm not certain if I will have a decision about a school made by then. I still have yet to hear from the bulk of the schools I have applied to, have yet to attempt to negotiate schollys, and may not even have time to visit some schools until summer.
Given that, I guess I have two questions. 1) are these deadlines firm, and is it normal/acceptable to ask for extensions? 2) How bad would it be to renege on a seat deposit, besides (obviously) not getting the money back? I envision a scenario where I am still deciding between two schools and place deposits on both until I have time to visit, or do whatever else is needed for my decision.
How are school deposits generally handled? I ask b/c NU says they need a deposit by 4/30 to keep my spot and I'm not certain if I will have a decision about a school made by then. I still have yet to hear from the bulk of the schools I have applied to, have yet to attempt to negotiate schollys, and may not even have time to visit some schools until summer.
Given that, I guess I have two questions. 1) are these deadlines firm, and is it normal/acceptable to ask for extensions? 2) How bad would it be to renege on a seat deposit, besides (obviously) not getting the money back? I envision a scenario where I am still deciding between two schools and place deposits on both until I have time to visit, or do whatever else is needed for my decision.