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# tacky way to ask for acceptance deposit refund

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Manager
Joined: 15 Mar 2005
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21 Mar 2007, 06:38
I am not sure if this is such a good idea but...what the heck...i can try!...

So, i sent this ~\$3000 acceptance deposit to a school that i am not planning to join now....

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SVP
Joined: 24 Aug 2006
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21 Mar 2007, 06:41
They're not giving it back.

They might(still doubt it) if there was an extenuating circumstance. But you can pretty much kiss it good bye. Sorry.

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Current Student
Joined: 29 Jan 2005
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21 Mar 2007, 07:13
luminos24 wrote:
I am not sure if this is such a good idea but...what the heck...i can try!...

So, i sent this ~\$3000 acceptance deposit to a school that i am not planning to join now....

Which school was it for?

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GMAT Club Legend
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21 Mar 2007, 08:41
Dream on.... Dream away....

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Manager
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21 Mar 2007, 09:27
yeah....down the drain!....i think so too...

well....worth a shot i guess

pretty steep acceptance deposit don't you think

Mat, it was Indian School of Business (ISB)...

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Intern
Joined: 31 Oct 2006
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21 Mar 2007, 11:25
luminos24 wrote:
yeah....down the drain!....i think so too...

well....worth a shot i guess

pretty steep acceptance deposit don't you think

Mat, it was Indian School of Business (ISB)...

Pretty steep? What do you think about the \$8500 deposit that Oxford asks for?

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GMAT Club Legend
Affiliations: HHonors Diamond, BGS Honor Society
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Schools: Chicago (Booth) - Class of 2009
GMAT 1: 730 Q45 V45

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21 Mar 2007, 15:39
jatt wrote:
luminos24 wrote:
yeah....down the drain!....i think so too...

well....worth a shot i guess

pretty steep acceptance deposit don't you think

Mat, it was Indian School of Business (ISB)...

Pretty steep? What do you think about the \$8500 deposit that Oxford asks for?

\$8500? Seriously?

Wow... I only had to pay \$1000.

I wonder if theres a correlation between yield % and deposit. To me \$1000 says "we want to know if you are coming, but trust you'll come here if you say you are". \$8500 says "were worried you might go elsewhere and we want to lock you in."

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21 Mar 2007, 18:36
rhyme wrote:
jatt wrote:
luminos24 wrote:
yeah....down the drain!....i think so too...

well....worth a shot i guess

pretty steep acceptance deposit don't you think

Mat, it was Indian School of Business (ISB)...

Pretty steep? What do you think about the \$8500 deposit that Oxford asks for?

\$8500? Seriously?

Wow... I only had to pay \$1000.

I wonder if theres a correlation between yield % and deposit. To me \$1000 says "we want to know if you are coming, but trust you'll come here if you say you are". \$8500 says "were worried you might go elsewhere and we want to lock you in."

Yep, seriously. Of course, they include that in the total tuition tab later but still \$8500 and later if you end up not going. Ouch!

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Manager
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22 Mar 2007, 07:37
[quote="jatt]
Pretty steep? What do you think about the \$8500 deposit that Oxford asks for?[/quote]

w-o-w!

that is steep !!

if that is the acceptance deposit then what is the annual tution?

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22 Mar 2007, 07:37
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# tacky way to ask for acceptance deposit refund

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