The clock is ticking down and the April 1st has arrived. High school seniors across the country are checking their email and mailboxes for the admissions decisions from the college they applied to. Many students may receive more than one acceptance. The stress and the cost of college is a major decision, so for students who cannot make up their mind where to go, they may consider double depositing.
What is the definition of double depositing? Double depositing means putting down a deposit, and thus accepting admission, at more than one college.
I often hear, “This decision is not easy!” Or “I love all my schools for different reasons.” Student re-visit their colleges and look to teachers and friends (and even parents) for guidance. So what do they do? Sending a non-refundable enrollment deposit check can cost as little as $100, while at others it can be as much as $500 or $1,000 can be costly, but the student just can’t decide. Read more about the Double Depositing and ethical issues surrounding it.