The Deadline and Waitlist

[Juneoh]

Hello. I'm in a limbo here. I have been accepted by one school(A) with generous funding but I am still waiting to hear from another program(B) that says there is a good chance of funding for me but, unfortunately, which would not arrive until the April 15th. I would rather go to this other school(B) but I am worried that when I reject the other offer(A) school B may not offer funding. I have requested an extension on the deadline but there is no reply. I think it is too much for school B to ask me to give them a Yes or No by the same deadline without the funding information. My professor says that she never had to deal with this kind of problem since there was no set national deadline. 

So, here is my question. Even though I know it is quite unethical, is it okay to cancel an acceptance after the deadline? I'm thinking about saying yes to both A and B so that if B offers me funding, I can cancel on A. Is there any "legal" issue involved? Can I say yes to two programs or am I signing with my blood here? 

If you know anything, please help. The clock is ticking!

Edited April 15, 2016 by Juneoh

[johnnycomelately]

The CGS agreement, which may or may not apply to your situation (if the schools are in the US, and funding is involved it likely does), states: "an acceptance given or left in force after April 15 commits the student not to accept another offer without first obtaining a written release..." It goes on to state that after the 15th a school is obligated to get proof of your written release before offering funding/admission. 

What this means for someone who accepts two spots prior to the 15th-No clue. 

I'm not really even sure how/if the agreement is enforced, or what the ramifications might be, but in the end, depending on the size of your field, you may end up ruining valuable relationships. I would suggest calling the DGS/admin at each of the programs and explaining the situation.