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Negotiating Scholarships

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agold
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Negotiating Scholarships [#permalink] New post   03 Jun 2008, 18:52
Similar to the thread posted earlier regarding negotiating a deferred admit - I was wondering if anyone here has had experience or heard stories about people negotiating scholarships?

For example, let's say you get into Duke and Darden and Darden offers you a $20K scholarship. Can you take it over to Duke and try to have them match it? How successful is this generally?

Also, how about schools in different tiers? For example, let's say you get into UCLA but you also get into Wharton. Can you ask UCLA to provide scholarship money to help you make your decision?
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Re: Negotiating Scholarships [#permalink] New post   03 Jun 2008, 19:01
It happens on occasion. Generally it works best if you have an admit to a higher tier school. Getting into GSB and Kellogg probably wont help you swing money from one or the other. However, an admit to one of those and Ross might get you some cash from Ross. Generally I think schools tend to know who will probably get into top schools and give money out to win those folks over.

Honestly at this point I wouldnt worry about thinking about this. Its a long path to get the multiple admits for this.
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Negotiating Scholarships [#permalink] New post   03 Jun 2008, 19:24
Besides what RR said, I think it would be easier to increase your scholarship by citing a higher scholarship at another school than making a school that did not initially give you $$ give some. If the purse is already open, so to speak, it will be easier for them to fork out more money.
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Re: Negotiating Scholarships [#permalink] New post   03 Jun 2008, 19:39
This is all true, though some programs have a no-negotiation policy - I know HBS and Wharton fall into that category.

One of my colleagues turned down HBS for a full ride at another M7 (not Stanford), since HBS wouldn't give her a penny.

I also asked Wharton directly, and they say they don't negotiate...A friend with close to a full ride at Chicago GSB couldn't get them to even give him 5K...
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Re: Negotiating Scholarships [#permalink] New post   03 Jun 2008, 19:45
Kellogg seemed to give out tons of smaller scholarships this year. A lot of us got 5-15k which while not huge definitely is appreciated when faced with 46k for tuition.
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Re: Negotiating Scholarships [#permalink] New post   04 Jun 2008, 15:39
Sometimes negotiating chnages the picture.

In my case, I was negotiating for a decision deadline extension. Instead I was offered a scholarship but with the same decision deadline!!!!
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Re: Negotiating Scholarships [#permalink] New post   05 Jun 2008, 07:51
Check out one of the threads in the Knowledge Vault. Lots of discussion about this.

I tried negotiating, but since the award amount was somewhat equal and the school strengths were somewhat near (I was hoping the UE strength would help, but it didn't), I failed. It's always worth a try I'd say, except for Harvard and Stanford where they only give out need-based scholarships.

But like RR said, get multiple offers first. I wasn't even thinking about getting any scholarships until I got into my first school.
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Re: Negotiating Scholarships [#permalink]
05 Jun 2008, 07:51

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