Accepting Waitlist Offer Instead of Initial College Choice

Question: I was recently admitted off the wait list from a school. I have also payed my deposit for the May 1 deadline. However, I am unsure of how to accept the offer. Should I withdraw from the school I payed my deposit, or should I accept the offer that was just recently given to me. In which order should I perform this?

Congrats on getting off of the waitlist at a college you want to attend. That's no small feat these days when many waitlists are bigger than the freshman class itself!

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