Changing school after you paid deposit and register

Hi,

I was wondering what happens if you decide to change school after you paid a deposit and started selecting courses. If you drop your courses and have not yet paid any tuition, do you still have a record there?

The reason I ask is because I am scheduled to start my MBA in the Fall, but I might instead start in January if another school accepts me. I'll probably hear from the other school in August.

Thanks,

T_mtl