School Deposits Forum
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- Posts: 64
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School Deposits
Not sure if this would be the forum to ask, but I have heard schools will find out who you deposit with, at least for the 1st seat. Does this have an impact on schools that you are on the waitlist for?
Should I not deposit any money to any schools at all in efforts to show that I am determined to attend the waitlisted school?
Also, does one usually make a deposit for more than one school?
Should I not deposit any money to any schools at all in efforts to show that I am determined to attend the waitlisted school?
Also, does one usually make a deposit for more than one school?
- Hannibal
- Posts: 2211
- Joined: Mon Jul 12, 2010 12:00 pm
Re: School Deposits
I think the new ABA rules changed some things, but traditionally you only deposit to one school but you can stay on the WLs of as many as you like.
- glewz
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- Joined: Tue Jun 08, 2010 4:32 pm
Re: School Deposits
hmm this is surprising to me - I thought LSAC just distributes a list with students who double-deposited for the 2nd one.
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Re: School Deposits
OMG it would be CRAZY not to deposit at a school to show that you want to go to the waitlisted school and not necessary. They expect you to deposit at another school. Some people double deposit but I believe it is reported that LSAC sends out a list at some time, not sure when but think it is when second deposit is due.mediation_86 wrote:Not sure if this would be the forum to ask, but I have heard schools will find out who you deposit with, at least for the 1st seat. Does this have an impact on schools that you are on the waitlist for?
Should I not deposit any money to any schools at all in efforts to show that I am determined to attend the waitlisted school?
Also, does one usually make a deposit for more than one school?
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- Joined: Tue Jun 08, 2010 1:54 pm
Re: School Deposits
What about for a school that doesn't need a deposit? (To piggyback on your thread...) I'm choosing between Penn and Boalt, and while the latter doesn't need a deposit until June, the former has a deposit deadline at the end of April. I won't get a chance to visit until May, so I thought I'd just deposit with Penn and lose the money if I decide otherwise...but if this is against the rules, I wouldn't want to do so.
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- Posts: 927
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Re: School Deposits
I don't think this is against the rules. But if you decide you're set on Berkeley, I would tell Penn just before you deposit at Berkeley.czelede wrote:What about for a school that doesn't need a deposit? (To piggyback on your thread...) I'm choosing between Penn and Boalt, and while the latter doesn't need a deposit until June, the former has a deposit deadline at the end of April. I won't get a chance to visit until May, so I thought I'd just deposit with Penn and lose the money if I decide otherwise...but if this is against the rules, I wouldn't want to do so.
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- Posts: 557
- Joined: Tue Nov 02, 2010 11:58 am
Re: School Deposits
Not sure, but it might be worth calling up Penn (and/or Berkeley) and discussing it with them, without naming the other school. Just ask them about their policy RE double deposits.czelede wrote:What about for a school that doesn't need a deposit? (To piggyback on your thread...) I'm choosing between Penn and Boalt, and while the latter doesn't need a deposit until June, the former has a deposit deadline at the end of April. I won't get a chance to visit until May, so I thought I'd just deposit with Penn and lose the money if I decide otherwise...but if this is against the rules, I wouldn't want to do so.
A few other things that might be relevant to your decision (and this thread in general)--according to r6, law schools start sharing deposit information on May 15, so they'll know if you have two deposits in beyond that date. Also, Penn Law will refund $250 of your $500 deposit if you withdraw by June 15, and $100 of the deposit if you withdraw by July 15.
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Re: School Deposits
Does anyone know what actually happens if two schools are notified that you have double deposited?
- CmonSD
- Posts: 450
- Joined: Wed Dec 09, 2009 1:40 pm
Re: School Deposits
I read on LSAC that they distribute the list in the middle of May with name/LSAC# of students who deposit at multiple schools. Is that normal? I have a first seat deposit due May 13th and am still waiting on financial aid info from both schools that I am interested in.
- whathojeeves
- Posts: 489
- Joined: Wed Dec 15, 2010 5:39 pm
Re: School Deposits
The notification date (between schools) is May 15th. From LSAC:
Multiple-Deposit Notification
Each year, LSAC provides participating law schools with periodic reports detailing the number of applicants who have submitted seat deposits or commitments at other participating schools, along with identification of those other schools. Beginning May 15 each year, these reports now also include the names and LSAC account numbers for all candidates who have deposits/commitments at multiple participating schools.
http://www.lsac.org/jd/apply/whom-to-admit.asp
Yes, it is normal. Schools have done this for awhile (though the definite date of May 15th may be more recent). Stay on as many WLs as you want, but probably try not to have 2 deposits down on that date.
Multiple-Deposit Notification
Each year, LSAC provides participating law schools with periodic reports detailing the number of applicants who have submitted seat deposits or commitments at other participating schools, along with identification of those other schools. Beginning May 15 each year, these reports now also include the names and LSAC account numbers for all candidates who have deposits/commitments at multiple participating schools.
http://www.lsac.org/jd/apply/whom-to-admit.asp
Yes, it is normal. Schools have done this for awhile (though the definite date of May 15th may be more recent). Stay on as many WLs as you want, but probably try not to have 2 deposits down on that date.
- red_alertz
- Posts: 435
- Joined: Tue Feb 08, 2011 4:42 pm
Re: School Deposits
how does it impact you when schools find out you have also deposited else where at the same time?
- whathojeeves
- Posts: 489
- Joined: Wed Dec 15, 2010 5:39 pm
Re: School Deposits
I suppose one or both/all could revoke your admission... It sort of depends on what your deposit details are (I think a lot of them say you must withdraw at other schools you've been admitted to) and violating that would be good grounds for withdrawing their offer. You might get away with a slap on the wrist or warning.red_alertz wrote:how does it impact you when schools find out you have also deposited else where at the same time?
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