Round 1 and Round 2
Round 1 is the first allotment based on your submitted choices, rank, and category. Under MCC's standard framework, Round 1 typically allows a free exit — declining or not reporting to a Round 1 seat usually carries no forfeiture penalty, though you should always confirm this against the current year's information bulletin rather than assume it.
Round 2 reopens choice filling for candidates who weren't allotted, or who choose to try for an upgrade. This is where the rules tighten: under MCC's typical framework, declining a Round 2 seat (or not reporting) forfeits your security deposit, though Round 2 also allows upgrading from a Round 1 seat you already accepted. State counselling authorities set their own equivalent rules, which can differ from MCC's — check your specific state's bulletin.