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Waitlists & Financial Issues

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Hi! I've just been waitlisted at University of Chicago, my dream school. The UChi admissions team advises that we secure a spot at another school by May 1. However, a lot of my other schools have large deposits (around $500). If offered a spot off of UChi's waitlist, I definitely can't afford to lose $500... Help? Are lower income families kind of SOL as far as waitlisting goes?

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