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22 Jan 2024, 11:37
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Admitted to a T25 school in R1 with ~60% scholarship, and the deposit deadline is in the first week of February. I have also applied to two T20 and one T25 school for R2, and I've received interview invites for all of them. I'm likely to get the results by the end of March.
Dilemma:
I don't currently have an offer from any of the R2 schools to use as leverage to request an increase in the scholarship from the school where I have been admitted in R1. The deposit deadline is in two weeks from now.
Should I:
Negotiate for an increase in scholarships now, even without counter offers, based on my financial hardship and overall commitment to the school?
or
Wait for offers from R2 schools to counter the scholarship offer by the end of March (after paying my deposit in February)?
I understand that option #2 could potentially strengthen my position as I'll have counter offers. However, I'm concerned whether the school will still consider my request to increase my scholarship after I've already paid my 1st deposit. Eager to hear your thoughts!
Dilemma:
I don't currently have an offer from any of the R2 schools to use as leverage to request an increase in the scholarship from the school where I have been admitted in R1. The deposit deadline is in two weeks from now.
Should I:
Negotiate for an increase in scholarships now, even without counter offers, based on my financial hardship and overall commitment to the school?
or
Wait for offers from R2 schools to counter the scholarship offer by the end of March (after paying my deposit in February)?
I understand that option #2 could potentially strengthen my position as I'll have counter offers. However, I'm concerned whether the school will still consider my request to increase my scholarship after I've already paid my 1st deposit. Eager to hear your thoughts!
22 Jan 2024, 11:39
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bb Narenn Nikhil Admissionado MBAandBeyond MBAPrepCoach GyanOne mbaMissionKate ARINGO MiMEssay
Will you please be able to help me with this?
Will you please be able to help me with this?
22 Jan 2024, 11:59
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Hi. Congratulations on your admit. And congratulations on your scholarship. This situation happens every year so it’s totally normal.
Schools do not like to negotiate scholarships as you can imagine. Recommend to you to consider scenarios of you getting into another school or not getting into another school in Round two.
If you don’t get anywhere, your chances are kind of the same. Paying a deposit doesn’t change a whole lot. If you do get in, you have a stronger much more real position and hopefully a choice.
I think you can approach now because additional scholarships will be awarded before the round two decisions are released and it will be slim pickings. I think you can be upfront about it and explain your situation and why you’re not able to fund the degree. I’m not sure if your situation is different than someway but a lot of people are borrowing money and taking out loans and is that just you not wanting to do that or are you not able to. So you need to have a proper argument as to why you need more financial aid. I would like to drive a nice car but I would not like to pay for it, usually doesn’t work very well … if you don’t have a strong argument, you may want to wait or you can shoot a argument and get a shut down it also doesn’t change a whole lot.
PS. This was posted not as the result of your spam tag
Posted from my mobile device
Schools do not like to negotiate scholarships as you can imagine. Recommend to you to consider scenarios of you getting into another school or not getting into another school in Round two.
If you don’t get anywhere, your chances are kind of the same. Paying a deposit doesn’t change a whole lot. If you do get in, you have a stronger much more real position and hopefully a choice.
I think you can approach now because additional scholarships will be awarded before the round two decisions are released and it will be slim pickings. I think you can be upfront about it and explain your situation and why you’re not able to fund the degree. I’m not sure if your situation is different than someway but a lot of people are borrowing money and taking out loans and is that just you not wanting to do that or are you not able to. So you need to have a proper argument as to why you need more financial aid. I would like to drive a nice car but I would not like to pay for it, usually doesn’t work very well … if you don’t have a strong argument, you may want to wait or you can shoot a argument and get a shut down it also doesn’t change a whole lot.
PS. This was posted not as the result of your spam tag
Posted from my mobile device
