Once you've been admitted to the college you plan to attend, it will be time to submit your enrollment deposit. If you need financial assistance to cover your enrollment deposit, you may qualify for a fee waiver! In this article, we cover what you need to know about requesting an enrollment deposit fee waiver. 

What is an enrollment deposit?

An enrollment deposit is a nonrefundable payment made to your college to hold your spot in the incoming class. This fee will vary by college, and can range anywhere from $100 to $1,000. Your college's specific enrollment deposit fee and process should be covered in your acceptance letter. Your enrollment deposit is applied to your tuition bill and may be used to confirm your housing, registration for orientation, or cover other on-campus fees. 

Requesting an enrollment deposit fee waiver

If you or your family are experiencing financial hardship, you can submit an enrollment deposit fee waiver request directly to your college. You may be able to do this through your online student portal or by getting in touch with your college’s admissions office. They can walk you through the process of requesting a fee waiver and make you aware of important deadlines so you can submit on time. Some colleges may also have the ability to “defer” the enrollment fee so a student is able to use their financial aid to cover the cost.

Is an enrollment deposit binding?

An enrollment deposit is meant to secure your spot at a college. While you do not have to attend the college if your plans change, it's important to be aware that your deposit is nonrefundable. This means that regardless of the circumstance, you will most likely not get that money back. Keep that in mind as you make your college plans and decide what's best for you. 

Have any questions about requesting an enrollment deposit fee waiver? Text #College to 33-55-77 to chat with one of our advisors. If you're using a mobile device, click here to have the text message set up for you!