By About.com College Admissions: U.S., .
It's May Day, the time when most colleges require students to make a decision about whether or not they will accept an offer of admission. Some students, for financial or personal reasons, don't feel ready to make such an important decision yet. This leads many students to "double deposit." That is, they send a check and a promise to attend to more than one school.
The practice has consequences other than the obvious throwing away of several hundred dollars. For one, colleges rely on deposits to predict the size of the incoming class. When double-depositers make the deposit numbers an unreliable measure, colleges are forced to create large waitlists in case they miss their enrollment targets. In short, double-depositing is a headache for colleges, and worse yet, it keeps thousands of students around the country in waitlist limbo.
The practice is also unethical -- the double depositer has promised to attend two different schools (or more) when that is clearly impossible. If caught, the student could find an offer of admission rescinded by a college. Many schools would rather enroll an honest student on a waitlist than a double-dealer who has submitted false information.
Originally posted at About.com College Admissions: U.S.. Please visit http://collegeapps.about.com/.
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