What happens if you get off the Waitlist?

May comes around and you receive the big news that you got off the waitlist at your dream school? First of all, congratulations! Even if you had already submitted a deposit, you can still attend your dream college. Deposits aren’t refundable, but colleges know that at any time, a student may decide to withdraw their enrollment if accepted elsewhere. Just be sure to send a quick email to the institution where you’ve submitted your deposit and let them know of your withdrawal.

https://ingeniusprep.com/blog/what-happens-if-you-get-off-the-waitlist/