Find all School-related info fast with the new School-Specific MBA Forum

It is currently 18 Sep 2014, 11:51

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Negotiating to pay the admission fee later?

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Current Student
avatar
Joined: 26 Jan 2010
Posts: 52
Schools: Stockholm School of Economics
Followers: 4

Kudos [?]: 19 [0], given: 3

Negotiating to pay the admission fee later? [#permalink] New post 05 Mar 2010, 01:53
Has anyone had any luck in negotiating to pay the first installment later? I have been accepted to the school of my choice but I am still waiting to find out whether I qualified for any tuition waiver. They gave me until March 19 to pay my fee. It is 9.500 euros. They said that even if I receive a complete tuition waiver, it's still my responsibility to pay the first installment and then I will get reimbursed later. What happens if I don't pay by March 19?

These are the reasons why I cannot pay:
- I can only go to a b-school if I get a scholarship.
- My country offers no loans. But I am willing to apply for a partial loan via school. I will start the process right away but I have no idea how long it takes.
- I cannot afford to pay the first installment. So paying first and getting reimbursed later is not even an option for me. I am in such a financial hole that I cannot take a temporary credit from a bank. I don't know anyone who could even lend me this kind of money.

Does anyone here any experience in this matter? Or am I just too poor to go to a b-school?
Moderator
Moderator
User avatar
Joined: 01 May 2008
Posts: 72
Location: Seattle, WA
Schools: INSEAD- D '11 Class
Followers: 2

Kudos [?]: 7 [0], given: 0

Re: Negotiating to pay the admission fee later? [#permalink] New post 05 Mar 2010, 15:47
Hi, there.

It sounds like you have very good reasons for asking for an extension from the admin office. Have you called them directly to speak about this issue? I think if you shared with the admins your current financial situation, they would be open to working something out with you.

Good luck!

JZ
Re: Negotiating to pay the admission fee later?   [#permalink] 05 Mar 2010, 15:47
    Similar topics Author Replies Last post
Similar
Topics:
2 Experts publish their posts in the topic Paying Tuition fees using Credit Card zhangdavid 4 04 Jan 2014, 06:48
Can I pay deposit and later go to a different school? xeon216 1 15 May 2011, 10:05
Why one should pay for High fees in MBA? rite2ankit 1 05 Oct 2009, 00:27
A customer using a certain phone call plan pays a fee of $25 FN 7 11 Feb 2005, 19:29
A customer using a certain telephone calling plan pays a fee gayathri 7 08 Nov 2004, 12:20
Display posts from previous: Sort by

Negotiating to pay the admission fee later?

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.