Re: Deferring + retake vs. GW Sticker

[SHANbangs]

In response to this thread (viewtopic.php?f=2&t=148425&start=25), I have a new concern. (For those unfamiliar, I am looking at non-binding GW Deferral and thus taking a year off to retake + reapply, with current stats of 169/3.24, vs. attending GW sticker). I have a 50k/yr job that I just started. For this tax cycle, I don't believe it will count for fin. aid purposes, so I believe I would qualify for some need based grants. However, if I defer, I will have worked for a year and that will be counted in financial aid. Can anybody to speak to this? Basically, if I don't crack t-14 with the retake, I'm not sure the lost money on financial aid from deferring would be worth it. Your thoughts?

[AboveTheLawSchool]

But you would still gain the salary from your job...and could use whatever you don't spend on law school.

[SHANbangs]

True, but after taxes, I am looking at about 3000 per month. My condo is 1200/month, and then cost for food and entertainment would probably be another 800. Thus, I am looking at 1000 saved each month. By September 2012, I should have 18,000 saved? (This is probably highly oversimplified math). Would that be enough to offset the lost financial aid?

[AboveTheLawSchool]

.

[bigkahuna2020]

I would go if you want to work on the east coast---with that GPA I don't think you'll get into a T-14 unless you will have had 2y w/e by the time you reapply.

Also, don't forget that you will almost never save as much as you think

[AboveTheLawSchool]

Also, I just noticed you are from Canada, are you currently living/working in the U.S.?

[SHANbangs]

I am not currently living/working in the U.S. I am a dual-citizen, with family in Maryland.