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# Bargaining on scholarship

Author Message
Intern
Joined: 27 Dec 2005
Posts: 4
Location: Harkiv, Ukraine
Followers: 0

Kudos [?]: 0 [0], given: 0

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27 Dec 2005, 04:05
Dear Scott&Omari!

Congratulate me - Iv been admitted to Wharton!
It was not easy but I did it!

Now Im loosing my euphory little by little and start thinking about coming problems.

I see my most topical and important aim in trying to get scholarship from school. The thing is, that on top of Wharton I applied to some other schools of ultraelite notch. And I have a feeling that I will be admitted by at least a couple of them.

So, what will be the most effective strategy for getting scholarship in my case? Actually, I dont have hard preferences (as well as extra funds available), and Id rather choose a school, which provides scholarship to cover tutition fees.

Shall I wait till positive admission decisions of other schools and use it as a strong argument for bargainig?
Is it OK in general to wright something like: "Dear sirs, I really like your school, but Ive been admitted to the couple of schools I like as well. So, providing decent financial aid from your side will defenitely help me to make my choice".
Aint that rude???

I know for sure that it works with some top30, -40, -50 schools. But Im not sure about ultraelites. So, please help me to make my mind and choose the best strategy!
_________________

I did it!

Veritas Prep Representative
Joined: 22 Apr 2004
Posts: 1113
Location: Southern California
Schools: Kellogg MBA 2004
Followers: 50

Kudos [?]: 213 [0], given: 54

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28 Dec 2005, 13:00
Expert's post
Honestly, don't expect for this strategy to get you very far with teh ultra-elite schools. If you tell a school like Wharton that a Top 25 school is giving you a big scholarship, they'll probably say, "Okay, then go there instead." Your better off emphasizing your hardships and needs rather than trying to get them to bid against another school.

While I understand that you want to minimize your debt, but I encourage you to go to the best school that you can, not the school that's going to give you a few more thousand dollars now. Thirty years from now, what will matter more?

Scott
_________________

Scott

Veritas Prep | GMAT Prep | MBA Admissions Consulting | Co-author, Your MBA Game Plan

Save $100 on Veritas Prep GMAT Courses And Admissions Consulting For a limited time, receive access to five Veritas Prep Computer Adaptive practice tests when you purchase a Veritas Prep GMAT book! Buy Now! Enroll now. Pay later. Take advantage of Veritas Prep's flexible payment plan options. Veritas Prep Reviews Intern Joined: 27 Dec 2005 Posts: 4 Location: Harkiv, Ukraine Followers: 0 Kudos [?]: 0 [0], given: 0 [#permalink] ### Show Tags 28 Dec 2005, 23:53 One small but important amendment - Im talking about bargaining within ultraelite notch, for example, Wharton vs Kellogg. When you are dealing with 2 competing schools, is it possible to raise fellowship using mentioned above fact? _________________ I did it! Veritas Prep Representative Joined: 22 Apr 2004 Posts: 1113 Location: Southern California Schools: Kellogg MBA 2004 Followers: 50 Kudos [?]: 213 [0], given: 54 [#permalink] ### Show Tags 29 Dec 2005, 11:06 Expert's post I doubt it. You can try, but be careful about coming off as a jerk. If you're not getting anywhere, back off. No need to burn any of these important bridges. Scott _________________ Scott Veritas Prep | GMAT Prep | MBA Admissions Consulting | Co-author, Your MBA Game Plan Save$100 on Veritas Prep GMAT Courses And Admissions Consulting
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