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So here's my story.

I did OK on the LSAT, but not as great as I'm capable of, but I still got admitted to a top-40 law school (yay I guess). My plan is to pay my enrollment fee to this school that I got into in 2 weeks weeks and then take the June LSAT -- if I do very well (170+) I'll take a year off and reapply next cycle, and if I don't I'll just attend law school in the fall at this school I was accepted to.

Is this legal? Can I take the LSAT after paying my enrollment fee to a law school? How risky is this?

Yea you can, just realize that your second seat deposit will probably be due before the June LSAT score comes out.

of course. you'll just have to be able to walk away from that money.

I see you switched shoes...

Yes, in fact a lot of people do this.

I'm doing the same thing. You can apply for fafsa, get your reward letter, pay the deposits, and pretty much do everything as if you were preparing to start classes in the fall. However, if you do well on the lsat, you do not need to accept the financial aid packet, you may decline admission, and you will forfeit your seat deposit. That being said, think of that couple hundred bucks as insurance. In my case, I do need to get a 170+ to take a year off. If I get a 165-167 it will look great and it will give me a full ride at the institution I'm looking at, but it would not get me into T14. So right now I'm looking at T14 or bust. Bust being a free ride to TTT.

If you did well, you could also ask the school to which you paid your deposits to reconsider your application and possibly award more merit money.