Notre Dame Law School has apparently sent out more acceptance letters than it has positions, and the offers will expire automatically once sufficiently many students have accepted them by making a binding deposit. Read on and see that there was also a threat to students who had been offered financial aid. (I wonder if this will work out the way Notre Dame wants, or if enough law students are rich enough to make more than one deposit...)
The blog "Above the Law' has the story:
Chaos Reigns: Notre Dame Law School Tells Non-Wealthy Students ‘Thanks, But No Thanks’ By Kyle McEntee and Sydney Montgomery
"Notre Dame makes application decisions on a rolling basis instead of a pre-selected date. Once an applicant is admitted, the school requires two deposits to confirm enrollment. Law schools have used this process (more or less) without incident for decades.
"Most law schools ask applicants to deposit by a certain date, traditionally mid-April to early May. Notre Dame’s first deadline was April 15 and required a $600 non-refundable deposit. Notre Dame’s offer letter, however, increased the pressure with an unusual warning. The school informed applicants that they had until the deadline or “when we reach our maximum number of deposits.”
...
"For the applicants who received a scholarship offer, pressure mounted with a second warning.
"While most law schools frown on double-depositing (holding seats at more than one law school), Notre Dame warned scholarship recipients that they may lose their scholarship offer if the applicant also deposits at another school.
...
"In other words, if you want to come to our school at the price we’re offering, you’d better send us a non-refundable deposit now."
HT: Paul Kominers, Parag Pathak
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I recall that decades ago, a certain midwestern Economics department (just) once made more offers of graduate fellowships than it had, with the fellowship offer expiring when enough acceptances had been received. No binding deposits were involved in that episode, however.
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