An acceptance letter can feel like the end of the boarding school admissions process. In practical terms, however, one important step remains: deciding whether to sign the enrollment agreement and pay the enrollment deposit.
That payment can turn a preferred school into a significant financial commitment. Before paying the enrollment deposit, families should conduct one final review of the contract, financial aid award, expected expenses, academic program, residential arrangements, student support, and their child's readiness to attend.
The stakes extend beyond the deposit itself. The National Business Officers Association noted in its 2025 guidance that an independent school's enrollment agreement establishes enrollment and tuition obligations while also defining expectations for the relationship between families and the school.
Here are 15 questions worth answering before you commit.
1. What exactly are we agreeing to when we sign?
Do not treat an enrollment agreement as routine admissions paperwork. Read it from beginning to end.
Identify the total tuition obligation, payment dates, cancellation provisions, withdrawal terms, refund policies, required insurance, parent responsibilities, and any references to separate school policies or handbooks.
If language is unclear, ask the school's business office for clarification in writing. Families should understand the agreement they are signing rather than assuming that losing the deposit is the only financial consequence of withdrawing later.
2. Is the enrollment deposit refundable?
Determine how much is due, when it must be paid, whether it is credited toward tuition, and under what circumstances, if any, it can be
