Should I Send Two Deposits While Waiting for Honors Program?

Question: I have been admitted to my state university but am on the waitlist for their honors program. If I do not get into this program, I will enroll at a liberal arts college that also accepted me. Should I send a deposit to BOTH the state university and the LAC? May 1 is too soon for me to know where I will enroll.

I agree that May 1 is too soon for many students to make a realistic decision. This year in particular, many are still waiting for financial aid appeals to be resolved. However, double-depositing is considered unethical, and I have known of students who got "caught" by the colleges in question and had their acceptances rescinded by both.

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