I've been accepted at one school (School A), which I am very happy about and willing to attend, and I'm ready to put my deposit down. However, I have a lingering merit aid appeal at my top choice (School B) still waiting to hear back about (I couldn't attend my top choice because they didn't give me enough financial aid).
I've called School B and they say they are "still processing" my merit aid appeal and will try their best to get back to me by May 1, although they can't promise anything. They are apparently swamped and it's commencement weekend there, so nobody is in the office. If they gave me enough money, I would definitely attend (although it's unlikely they'll give me enough). My question is this:
If I put the deposit down at School A, can I still wait an extra day and hear back about merit aid from School B? I'm scared to wait until the last minute to put the deposit down at School A--what if something goes wrong? What if I have to take a gap year because my deposit doesn't go in? But yet, I don't want to put the deposit down and then realize 24 hours later I could have actually attended my top choice.
As you can probably tell I'm very panicked. I really don't want to do something unethical and get both of my acceptances rescinded. Can anyone with any knowledge pertaining to this help?