<p>No, that is not allowed, it is considered unethical. If a college discovers that you did this, they can withdraw your admission offer. You have until May 1st to make a decision, right? You should have a place saved for you until then. Check your admission letters.</p>
<p>Here is an article
<a href=“http://voices.washingtonpost.com/answer-sheet/college-admissions/double-depositing-delaying-the.html”>http://voices.washingtonpost.com/answer-sheet/college-admissions/double-depositing-delaying-the.html</a></p>