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Asking for more money (Scholarship)

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Intern
Intern
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Joined: 05 Dec 2012
Posts: 9

Kudos [?]: [0], given: 17

Concentration: Marketing, Entrepreneurship
GMAT 1: 680 Q46 V38
GPA: 3.8
Asking for more money (Scholarship) [#permalink]

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New post 02 Jan 2014, 12:17
Dear consultants
I have been admitted to a top 10 business school and awarded aprox. 30K as a merit based scholarship. I really love the school and want to attend (is my number 1 choice), however money is definitely an issue and I would like to ask for a little more so my questions are:
- is it possible to ask for more money and negotiate with the school? Are they open to give more money?
- when is the correct time? Right now when I have received the offer or in a couple of months when people start to confirm attendance.
- if I am admitted to another mba with more money of scholarship would it work to tell the school?
- finally, who should I talk with: admissions or financial aid?
I would really appreciate your advise, the happiness of being admitted has vanished now the worrying has arrived!
Thanks!!

Kudos [?]: [0], given: 17

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Admissionado
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Joined: 30 Nov 2009
Posts: 5778

Kudos [?]: 1002 [0], given: 49

Location: Chicago, IL
Schools: Brown University, Harvard Business School
Re: Asking for more money (Scholarship) [#permalink]

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New post 02 Jan 2014, 23:03
MBAGirl88 wrote:
Dear consultants
I have been admitted to a top 10 business school and awarded aprox. 30K as a merit based scholarship. I really love the school and want to attend (is my number 1 choice), however money is definitely an issue and I would like to ask for a little more so my questions are:
- is it possible to ask for more money and negotiate with the school? Are they open to give more money?
- when is the correct time? Right now when I have received the offer or in a couple of months when people start to confirm attendance.
- if I am admitted to another mba with more money of scholarship would it work to tell the school?
- finally, who should I talk with: admissions or financial aid?
I would really appreciate your advise, the happiness of being admitted has vanished now the worrying has arrived!
Thanks!!


Dear MBAGirl,
First of all congratulations on your acceptance and their offer! It's great to hear!

So, you CAN ask for more money, although it is unlikely that it will happen, esp. since you already have such a nice offer, but it cannot hurt to ask! The correct time would be once you have all your offers from all schools, so that you have the time to consider your options. Yes, you can tell them about an offer you got to another school, but be nice! and diplomatic! and careful! (It's something that if you work it poorly can sound like blackmail, but nicely, like a kind request). Normally, this should pass through Admissions.

Good Luck!
_________________

Jon Frank
Founder, Admissionado

Admissionado | Packages | Success Stories | Team

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Kudos [?]: 1002 [0], given: 49

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Asking for more money (Scholarship)

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