Double Deposits in College Admissions: Smart Strategy or Huge Mistake

2025-05-09

Double deposits, college decisions, admissions policies, financial aid penalties—families need to know what really happens when students commit to two colleges. Pearl and Andy Lockwood break down the legal, ethical, and financial dangers of double depositing—and why it could backfire for Class of 2025 students and families navigating college admissions. In this episode: ✔ What double depositing is and why families consider it ✔ Real consequences from colleges if they find out ✔ How it im...

Double deposits, college decisions, admissions policies, financial aid penalties—families need to know what really happens when students commit to two colleges.

Pearl and Andy Lockwood break down the legal, ethical, and financial dangers of double depositing—and why it could backfire for Class of 2025 students and families navigating college admissions.

In this episode:

✔ What double depositing is and why families consider it

✔ Real consequences from colleges if they find out

✔ How it impacts financial aid, enrollment, and credibility

✔ Better decision strategies for uncertain students

📞 Need help with college admissions?

Visit LockwoodCollegePrep.com

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