Should I Send My Enrollment Deposit Before We Receive My Financial Aid Award?

I was accepted to my first option ( not really a acceptance that is binding and want to outline my deposit to hold my spot. But I haven’t gotten the school funding package with this college (or the other two that accepted me) yet. Do I must wait for that I be able to get my $500 deposit back if the financial aid award isn’t enough if I am going to rely on financial aid, or would?

Students who pay an enrollment deposit can frequently have the cash back they may have to jump through some hoops to do this if they make the request before May 1, but. Until May 1, so there’s no reason to send them any dough until you’ve received your financial aid package since you have already been offered a place in the freshman class at your top-choice school, your college must hold this place for you. Rather than hurry to submit a check, ‘The Dean’ shows that instead you compose to your regional admissions rep ( the staff member whom oversees applicants from your high school) to ask about the financial aid timeline. Commonly, Early choice applicants get an aid award during the time that is same they receive their admission verdicts, but candidates who apply under other early plans ( ag e.g., non-binding Early Action, Rolling Admission), may well not get any financial materials until springtime.

Note, but, that, although enrollment deposits will typically be refunded before May 1, housing deposits are not go Continue reading →