Scholarship after waitlisted?

Question

Hey all

I was wondering if anyone knows any case that someone received a significant scholarship (more than half-tuition) after getting waitlisted (then accepted) in a certain school? I just got waitlisted and I wonder if it is worth the wait because for me it's significant scholarship or no MBA at all.

Thanks!

bb · Answer

Highly unlikely.... so I don't think that scenario is something you should contemplate. By now most of the $$$ are gone anyway, and by the time WL clears, none will be left.

VeritasPrepEdison · Answer

HI Greenzie,

I do personally know of someone who got awarded a significant scholarship (not more than half, but about 45%) after getting waitlisted. I believe it was also the biggest scholarship awarded that year. The applicant had communicated with the school through the essays/interviews that he could only do the MBA with a significant scholarship.

However, as bb advised, this is highly unlikely, and may not be worth the risk.

Wish you all the best!

greenzie · Answer

Thanks a lot  bb  and Edison! Very useful information for me!

Edison, thanks for answering my supposedly next question: whether or not I should communicate that I could only do MBA with generous scholarship. Any take how to say it the right way during interview (will have an interview in less than 2 weeks time)?

Thanks!!

VeritasPrepEdison · Answer

Maybe when you are asked "why you want to do an MBA / why now?", you can elaborate how prepared you are and how good a fit the school is, and why the major concern would be the funding and then explain you need a scholarship.

Looking forward to your updates!

greenzie · Answer

Thanks Edison. I will update you!

bb · Answer

Thank you - it is always great to have real examples!

I did not think these situations existed... but I guess they do. There may be a situation where a very eligible candidate who was offered a scholarship passes it and chooses a different school and you are in some way unique so there is some extra money. Scholarship does come into consideration when giving admission to a student (if they admit a person from a poor country without an ability to finance their MBA, then they will likely not matriculate resulting into a hit on schools' stats, which means in the first place, they would not offer the admit to a WL candidate who may need a scholarship to attend unless they have the money - in that case they would pick the best person from the list). I should correct my point - it is a possibility though a slim one. Kind of like an overbooked flight you are waitlisted for - you will be happy to get a seat but getting an upgrade would be an amazing score, few count on.

What is your worst case? You lose the deposit money in the other school?

bbednar · Answer

I got wait listed at Mays, and then accepted, and later awarded a scholarship. It wasn't big, just like $5 but it qualified me for in-state tuition which would save me another $17K or so

lav4 · Answer

I was waitlisted at a top 20 in R1 and was then offered a half tuition in the subsequent round.

bb · Answer

Thank you for confirming this! 
I wonder if there is a difference when you are WL'ed in R1 and considered with R2 applicants vs. WL'ed in R2 and considered in R3 when fewer funds are available. I guess this is one more reason to apply in R1.

greenzie · Answer

Thanks all for answering my question! Nice to know that it is still possible to get a scholarship after wait listed even though it won't be a large one I suppose.

Tiffany01 · Answer

Posted from my mobile device

aniaaA1 · Answer

Unfortunately I haven't come across this.

Scholarship after waitlisted?

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