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Best Strategy for Requesting One Year Deferral?

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youngh00n
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Best Strategy for Requesting One Year Deferral? [#permalink] New post   11 Jan 2017, 14:10
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I've already been accepted by three MBA programs, and one with a significant merit scholarship. What is the best way to request a deferral (and retain the scholarship)?

The reason is that my company is going through a big transition this year, possibly could make an exit and I have a little equity. If we sold the business, I would probably be on the transition team so I think it would be a great experience that would add value to the classroom if I got to defer a year and x,y,z all happened. However, there's no guarantee that we will be able to sell so there's some risk. Is this a good enough reason for schools to consider my deferment request? Is it possible that the school would get very annoyed by my request? And is it more strategic to request this before or after I have paid down a deposit?

PS: I would be willing to double my deposit for a deferral.
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Re: Best Strategy for Requesting One Year Deferral? [#permalink] New post   13 Jan 2017, 09:17
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Hi there,

Congratulations on your acceptances this year! Great position to be in! So when it comes to deferrals, most schools are pretty inflexible unless the circumstances are unavoidable (health issues, military service, etc.) With that said, it can't hurt you to try. I wouldn't worry about the school "getting annoyed" as long as you approach your request respectfully and honestly. I would explain the situation and why you think it's to everyone's advantage that you defer. I would be prepared for them to say "no" but you'll never know until you try. As for the deposit, it doesn't matter either way. The school isn't going to rescind your acceptance because of your request. And if you think there's a strong possibility that you won't go there, then no use wasting your $$ on a non-refundable deposit before the deadline.

I hope that helps! Best of luck! Let us know how it works out for you!

Best,
Melody
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Re: Best Strategy for Requesting One Year Deferral? [#permalink] New post   18 Jan 2017, 21:36
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Deferals are tough for obvious reasons and schools tend to be reluctant to offer these. You have a strong rationale which is good but it most likely will not swing the decision. I would def ask giving them the full context with an assurance in your continued interest in joining the school. Be respectful and forthright and request to have the conversation in person to maximize your chances
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Re: Best Strategy for Requesting One Year Deferral? [#permalink] New post   19 Jan 2017, 07:30
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youngh00n wrote:
I've already been accepted by three MBA programs, and one with a significant merit scholarship. What is the best way to request a deferral (and retain the scholarship)?
This is tricky- and the best approach is to take a personal approach in my opinion. I would request a meeting with the director admissions- see if you can get him/her to commit to 15 minutes with you. Then you GO there... have a face to face conversation where you say HOW MUCH you want to attend, explain the work situation... and ask for his/her help in how to approach this situation. If the school really wants you- and you are humble and not asking for the deferral directly- but rather- here is my situation... what do you suggest I do- what options are there.... I think that is the best possible path to success. If you catch a busy adcom director on email it is too easy to fire off the "no" but if you look them in the eyes and explain your "situation" it is harder for them to dismiss it. In any case- that's my two cents... and Good luck! Let us know how it goes!
The reason is that my company is going through a big transition this year, possibly could make an exit and I have a little equity. If we sold the business, I would probably be on the transition team so I think it would be a great experience that would add value to the classroom if I got to defer a year and x,y,z all happened. However, there's no guarantee that we will be able to sell so there's some risk. Is this a good enough reason for schools to consider my deferment request? Is it possible that the school would get very annoyed by my request? And is it more strategic to request this before or after I have paid down a deposit?

PS: I would be willing to double my deposit for a deferral.
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apash
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Re: Best Strategy for Requesting One Year Deferral? [#permalink] New post   01 Apr 2020, 23:56
How did this turn out/what did you do to approach the deferral?

youngh00n wrote:
I've already been accepted by three MBA programs, and one with a significant merit scholarship. What is the best way to request a deferral (and retain the scholarship)?

The reason is that my company is going through a big transition this year, possibly could make an exit and I have a little equity. If we sold the business, I would probably be on the transition team so I think it would be a great experience that would add value to the classroom if I got to defer a year and x,y,z all happened. However, there's no guarantee that we will be able to sell so there's some risk. Is this a good enough reason for schools to consider my deferment request? Is it possible that the school would get very annoyed by my request? And is it more strategic to request this before or after I have paid down a deposit?

PS: I would be willing to double my deposit for a deferral.
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StratusDonna
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Re: Best Strategy for Requesting One Year Deferral? [#permalink] New post   02 Apr 2020, 07:49
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apash wrote:
How did this turn out/what did you do to approach the deferral?

youngh00n wrote:
I've already been accepted by three MBA programs, and one with a significant merit scholarship. What is the best way to request a deferral (and retain the scholarship)?
@youngh00n-- yes-- just curious-- share what happened and maybe this can help others going through this now. I think right now MBA programs likely don't want to allow deferral except for visa issues or a health crisis. But who knows! The rules are all being broken right now. But do share if you see this so we can see what happened!
The reason is that my company is going through a big transition this year, possibly could make an exit and I have a little equity. If we sold the business, I would probably be on the transition team so I think it would be a great experience that would add value to the classroom if I got to defer a year and x,y,z all happened. However, there's no guarantee that we will be able to sell so there's some risk. Is this a good enough reason for schools to consider my deferment request? Is it possible that the school would get very annoyed by my request? And is it more strategic to request this before or after I have paid down a deposit?

PS: I would be willing to double my deposit for a deferral.
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Re: Best Strategy for Requesting One Year Deferral? [#permalink] New post   03 Apr 2020, 06:38
youngh00n, congrats on the admits.

Here are a few thoughts and scenarios for you to understand all about deferrals in MBA applications.

All the best!
GMAT Club Bot
gmatclubot
Re: Best Strategy for Requesting One Year Deferral? [#permalink]
03 Apr 2020, 06:38

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