question about deposit

axbycd

I was admitted by a 40+ school and have 50% scholarship, but I need deposit $1000 to reserve the space next week.  My question is whether I can give up the school later if I chose another school.  I got waitlisted by another school which is a top 10+ school.  I want to know whether it is my obligation to the school which I paid the deposit.  I really need to a MBA degree since I am old and cannot wait one more year.  Thank you for your information.

dennis19790924

if you pay the deposit and then decide not to go, it's ok. but you won't get your deposit back. getting B-school offer is a fair game for us applicants, and getting admitted students to enroll is also a fair game for the schools. so don't worry. you have the right to choose which school to go to.

axbycd

Thank you for sharing the above information!