How does withdrawing your SIR work?

I’m planning on submitting my SIR to UC Merced, but I’m still on the fence on whether or not I should go to a CC/TAG to a UC like UCSC or if I should go to Merced and then transfer to UCSC. I think I’ll be able to figure out the right decision this summer, but how difficult and what would the deadline be to withdraw my SIR and apply to a CC? Would the only penalty be the lose in the SIR deposit?

instructions to cancel your SIR are at

the only penalty is to lose your SIR, they do not force you to attend or charge you additional fees

In the meantime be sure to register for an orientation session in case you end up attending Merced