12 reasons to submit your enrollment deposit before College Decision Day
Paying your college enrollment deposit is a major milestone for high school students. It's the final step of the admission process and it secures your spot at your chosen college or university for the fall.
While many students wait until National College Decision Day on May 1, there are some major advantages to submitting your deposit early.
Ready to take your next steps at Central Michigan University? Submit your deposit now so you can get started on orientation and housing.
What is College Decision Day?
National College Decision Day is celebrated annually on May 1. It marks the unofficial deadline for students to select where they'll attend school in the fall. Students commit by accepting an offer and paying their enrollment deposit. Colleges use this date to help finalize their incoming class and offer open spots to waitlisted students.
College Decision Day is an unofficial deadline. Many schools or universities will continue to accept your enrollment deposit after May 1. Some may even accept a deposit up until the start of classes.
Students who have applied through early admissions programs, like Early Action or Early Decision, may have already committed to schools earlier in the year.
Make sure to check the timelines at your college or university. Knowing deadlines can help you plan effectively and make an informed decision about your future.
What is an enrollment deposit?
An enrollment deposit is a fee that secures your place at a college or university. This fee typically ranges from $100 to $500. Depending on the school, your deposit can cover your orientation fee or apply to your fall tuition. >
>In most cases, your deposit is not a binding contract, meaning you can still change your mind later. Some colleges and universities will even refund your deposit if you change your mind before College Decision Day. Be sure to review all deadlines and refund information at your specific college or university before you deposit.