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# Scholarship negotiation on new GMAT score?

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Intern
Joined: 21 Dec 2010
Posts: 31

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WE 1: 3 years IT+Telecom
WE 2: 2 years Analytics + Consulting
Scholarship negotiation on new GMAT score? [#permalink]

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14 Feb 2012, 05:11
Hi Guys,

For instance, say school A has given some \$ but after the admit you give GMAT again and improve say 20-30 points, is it possible to renegotiate the scholarship after that with the school?

Cheerz

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Manager
Joined: 06 Oct 2011
Posts: 165

Kudos [?]: 64 [0], given: 10

Schools: Wharton '15, CBS '15
GMAT Date: 06-30-2012
GPA: 3.7
WE: Accounting (Insurance)
Re: Scholarship negotiation on new GMAT score? [#permalink]

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14 Feb 2012, 07:23
gamer7 wrote:
Hi Guys,

For instance, say school A has given some \$ but after the admit you give GMAT again and improve say 20-30 points, is it possible to renegotiate the scholarship after that with the school?

Cheerz

Well it doesnt hurt to try. Have you spoken to the admission office?
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Manager
Joined: 05 Dec 2007
Posts: 154

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Concentration: General Management, Strategy
GMAT 1: 780 Q51 V47
Re: Scholarship negotiation on new GMAT score? [#permalink]

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14 Feb 2012, 07:56
lol, I think this depends on the school, and how much you improve.

I don't think a 20-30 pt increase will be worth trying this. they will most likely tell you no.

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Senior Manager
Joined: 12 Jan 2012
Posts: 273

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Location: In Limbo
Concentration: Finance
GMAT 1: 760 Q48 V46
GPA: 3.72
WE: Consulting (Consulting)
Re: Scholarship negotiation on new GMAT score? [#permalink]

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14 Feb 2012, 08:59
woggy987 wrote:
lol, I think this depends on the school, and how much you improve.

I don't think a 20-30 pt increase will be worth trying this. they will most likely tell you no.

I agree. I think that while for most schools GMAT is an important part of the application and once you get past their threshold (which you have in being accepted) marginal increases don't really matter for admission, let alone for scholarships.

A 20 to 30 point increase is pretty small and frankly is within the margin of error of a test (it could be the result of guessing right a on a few multiple choice questions). That, coupled with the fact that scholarships are rarely if every awarded based solely on GMAT score (although it may be part of the equation), I'm not sure a small increase would increase your award.

While asking likely won't hurt, it will likely waist both your and the Adcom's time. I'm also wondering why you took the GMAT after being admitted, unless you were applying to other programs. Frankly having Admits in hand at other schools (especially with \$\$\$) is better leverage for negotiation.

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Senior Manager
Affiliations: CFA
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Location: United States (NY)
Schools: Columbia - Class of 2013
GMAT 1: 710 Q45 V43
GMAT 2: 760 Q49 V45
Re: Scholarship negotiation on new GMAT score? [#permalink]

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14 Feb 2012, 11:48
Basically no downside to simply asking. I say go for it, but temper your expectations.
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Senior Manager
Joined: 25 Jul 2011
Posts: 298

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Location: India
Concentration: Strategy, General Management
GMAT 1: 730 Q50 V40
GPA: 3
WE: Operations (Non-Profit and Government)
Re: Scholarship negotiation on new GMAT score? [#permalink]

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14 Feb 2012, 20:13
Moss wrote:
Basically no downside to simply asking. I say go for it, but temper your expectations.
I agree. For the top schools, an increase of 50 points might not make much of a difference. If you think you'd have to get lucky to get a 50 point increase, I'd say don't bother. Do speak with the admissions & fin. aid team first. I'm sure they'd be happy for you to take another crack at the test, but wouldn't be able to comment on your chances of increased scholarship until after you submit your new score.
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Re: Scholarship negotiation on new GMAT score? [#permalink]

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15 Feb 2012, 01:18
I actually don't think so.
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Re: Scholarship negotiation on new GMAT score? [#permalink]

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15 Feb 2012, 01:34
Like has been mentioned, it definitely couldn't hurt to ask. But the more realistic bargaining chip are offers from other MBA programs.

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Re: Scholarship negotiation on new GMAT score?   [#permalink] 15 Feb 2012, 01:34
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# Scholarship negotiation on new GMAT score?

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