You can apply to as many schools as you want, and as many of those schools can accept you if they want. Same goes for school-specific scholarships. You can only go to one of schools, but you can pick between them if you're accepted to both.
Mercury-CroweFeatured By OwnerNov 18, 2012Professional Artisan Crafter
Once you are accepted you get to choose whether you want to go there or not. If you are accepted to both just pick the one you want to go to. They don't have some tracking system that takes you out of the pool after you've been accepted somewhere, that's all up to you until you're actually in the school.