Calling all 2011 Kelley Applicants!

I have also declined my Kelley offer. I hope that frees up a spot and fellowship money for one of you! Cheers.

Where are you heading?
Any reason why have you declined the offer??

So, who all are really really going for Kelley?

I believe the gmatclub confirmed members who will be joining Kelley in the fall looks something like:

thmgoodw
giese
secondtime
Iamnotaprimenumber
indiana2577
samguerreiro
brown2404
ArlingtonWahoo
Justindelaney
indianatown

I'm sure there are more, but those were the ones where I saw a post confirming it (or they told me in person at KEW).

There is a pretty active official Facebook page going at the moment with pretty much constant chatter from folks going to Bloomington.

Tom

[updated]

I will be attending as well.

I'll be attending as well

I hope every one has seen the mail from Tim..
So no more financial aid available..
I dont know what happens to those aid where the students have declined the offer??
I know atleast 7-8 people who have declined just before the may 1st deadline.
Would the adcom wait for some more time before they start again to send the aid??

I joined the FB page. But some things you cant discuss there...

As far as aid for those that declined, I would assume that it often just evaporates. Every school knows that only a certain yield % will end up matriculating, so they give out many more offers than they have spots. I would assume the same goes for scholarship packages.

Perhaps they give themselves a bit of a cushion there, and if the yield percentage on scholarship offers is significantly less than they had anticipated they send out a few "late" scholarship offers? I do know of one R2 admit who got some $$ just after KEW.

Guys I am withdrawing from Kelley, I love the school but another school has come through late in the game with a big offer.

Today I also received a letter from Tim giving me more Fellowship money so that should be released shortly.


I would like to point out a couple of timelines here which have me questioning the merit based aid process:

Applied R2, Interviewed, Admitted with GA ($37.500, over 2 years, 12 hours of work per week)

I decided I was going to ask for some merit based aid.

A buddy who had a scholarship @ Kelley informed me that the notification date for scholarship recipients was April 15th, I timed my request for more aid around this deadline with the hope that some would become available.

I emailed Tim on Apr 12th

Tim never got back to me. After 10 days I left him a voicemail, still no response.

The following week I get a generic email from my interviewer asking if I had any questions etc. To which I replied with the timeline above regarding reaching out to Tim.

My interviewer gets back to me two days later with a "unfortunately all money is tied up."

Still no word from Tim

By now its Apr 25th a few days before the deadline. I wait a couple days then ask for an extension, which is granted.

Shortly after I leave the Facebook group for admits which is run by a current Kelley student.
(I dont really think this makes any difference, but now it does look like I will be withdrawing)

Two days later (today) I get letter from Tim that says I have been awarded 30K over 2 years.

Here is the other schools story which I will shorten:
Admitted w no money ---> ask for extension, 2 days later BIG money offer.

Thoughts:

I think schools at and around Kelley level are scrambling to fill their class. Apps are down and they are throwing money at people, if played the right way. To me that revolves around asking for an extension and notifying them of the other offers.

I have never been one to game schools and am fortunate to get any aid anywhere, this last couple of weeks has me questioning the process though. If I had not asked for the extension and paid the admissions deposit would they give me the money after the fact? Same with the other school.

To sum it up:
I asked for more money, they said no
I asked for an extension and played like I was going to leave
Here comes 30k out of thin air.

Aren't they supposed to be teaching us about business?

I'm a skeptic at heart, If you follow my posts I'm always questioning what is said in passing around here.

When you get a letter from Kelley telling you money is gone that is flat out Bull.

If there is anyone who has an extension have you gotten a similar letter?

I wonder if you hold out and I withdraw today will you get my money tomorrow?

I guess you have good profile. And the school really wants you..
So, when you say you are withdrawing, they tried to stop you by giving more money.
I think this is a game where they are masters and we are freshers...

Trust me I am no master! I only have one thing going for me the 720 Gmat, my GPA is well below the Kelley's average. I went to a no name school (hint: it has recently become famous for basketball)
Never ever gotten a scholarship before. This game wont fly in a heavy app season. Its just timing. I got dinged at my top 4 schools this year.

Nothing in profile screams "give this kid money or else" I am honored and humbled by it. At the same time, I wanted to shed light on the situation.

Great. Which school are you finally going to? I tried somewhat of a similar approach to bump up my schol + GA money and Tim responded to my request a week later saying sorry we cannot offer you any more funds. As of 1st May I have declined my offer based on financial needs.

^^^ You first!

Oxford

^^^ WashU Olin School Of Business

Congrats on Oxford, wonderful program.
Best of luck!

I am just trying to make some sense here.. And one more guess.. You might come from a small group of applicant and the adcom feels that by having you they would be adding to the diversity of the class. I am just trying to give a benefit of doubt to the adcom.