tuition deposit

School reservation fee

A tuition deposit is a payment made to secure enrollment at a school, typically a college or university.

The deposit confirms a student's intention to attend and holds their spot in the incoming class.

It's usually non-refundable and applied toward the first tuition bill: The tuition deposit is due by May 1st.

Related

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Opposites
payment timing/completeness

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Last sum owed

balance due · lump sum payment · outstanding balance

direction of money flow

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Returned rental security payment

tuition reimbursement · tuition waiver · financial aid · scholarship · grant

Family

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