Negotiating for Scholarships While on Waitlist

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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PlugInBaby
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Negotiating for Scholarships While on Waitlist

Postby PlugInBaby » Tue Feb 23, 2010 7:24 pm

I have been WL at a school in which both my LSAT and GPA is above the 75th percentile. I have been offered $20k/year from a similarly ranked school. However, I like the former school much more than the latter. Would it be presumptious to lobby for scholarship money on a LOCI in this instance?

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ec2xs
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Re: Negotiating for Scholarships While on Waitlist

Postby ec2xs » Tue Feb 23, 2010 7:25 pm

Yes, it would.

LSATfromNC
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Re: Negotiating for Scholarships While on Waitlist

Postby LSATfromNC » Tue Feb 23, 2010 7:25 pm

PlugInBaby wrote:I have been WL at a school in which both my LSAT and GPA is above the 75th percentile. I have been offered $20k/year from a similarly ranked school. However, I like the former school much more than the latter. Would it be presumptious to lobby for scholarship money on a LOCI in this instance?


Don't do it.

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im_blue
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Re: Negotiating for Scholarships While on Waitlist

Postby im_blue » Tue Feb 23, 2010 7:28 pm

PlugInBaby wrote:I have been WL at a school in which both my LSAT and GPA is above the 75th percentile. I have been offered $20k/year from a similarly ranked school. However, I like the former school much more than the latter. Would it be presumptious to lobby for scholarship money on a LOCI in this instance?


You should try it and tell us how it goes.

cubswin
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Re: Negotiating for Scholarships While on Waitlist

Postby cubswin » Tue Feb 23, 2010 7:29 pm

Bad idea. Mentioning your scholarship to Kent in the LOCI might be worth it, but it's silly to act like they have to buy you away from Kent when they didn't admit you in the first place.

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Rowinguy2009
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Re: Negotiating for Scholarships While on Waitlist

Postby Rowinguy2009 » Tue Feb 23, 2010 7:30 pm

Take it one step at a time, first get in, then get money.

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los blancos
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Re: Negotiating for Scholarships While on Waitlist

Postby los blancos » Tue Feb 23, 2010 7:34 pm

im_blue wrote:
PlugInBaby wrote:I have been WL at a school in which both my LSAT and GPA is above the 75th percentile. I have been offered $20k/year from a similarly ranked school. However, I like the former school much more than the latter. Would it be presumptious to lobby for scholarship money on a LOCI in this instance?


You should try it and tell us how it goes.


TITCR

09042014
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Re: Negotiating for Scholarships While on Waitlist

Postby 09042014 » Tue Feb 23, 2010 7:35 pm

Lobby for the acceptance first. Then lobby for money.

starstruck393
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Re: Negotiating for Scholarships While on Waitlist

Postby starstruck393 » Tue Feb 23, 2010 7:35 pm

Go for it: "I'll only consider staying on your WL if you match my $20k/yr scholarship."

On second though, try this...

Rowinguy2009 wrote:Take it one step at a time, first get in, then get money.

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Mr. Matlock
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Re: Negotiating for Scholarships While on Waitlist

Postby Mr. Matlock » Tue Feb 23, 2010 7:39 pm

1
Last edited by Mr. Matlock on Sun Feb 28, 2010 4:05 pm, edited 1 time in total.

03121202698008
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Re: Negotiating for Scholarships While on Waitlist

Postby 03121202698008 » Tue Feb 23, 2010 7:48 pm

Worst idea ever. This has to be a flame. If they put you on the waitlist, they didn't want you that much in the first place. Why would they entice you to come when they haven't even decided if they want you?

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chadwick218
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Re: Negotiating for Scholarships While on Waitlist

Postby chadwick218 » Tue Feb 23, 2010 7:54 pm

PlugInBaby, I think that you should allow the remainder of your cycle to be an expirment that will benefit the entire TLS community.

Clearly, no school is going to offer you money while you are on the WL, but I encourage you to write to schools and let them know that you are so desparate to attend that you will actually pay more than the going rate if they let you in.

starstruck393
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Re: Negotiating for Scholarships While on Waitlist

Postby starstruck393 » Tue Feb 23, 2010 7:57 pm

blhoward2 wrote:Worst idea ever. This has to be a flame. If they put you on the waitlist, they didn't want you that much in the first place. Why would they entice you to come when they haven't even decided if they want you?


Maybe? I figured it was YP. In which case $$ is very possible, just after an acceptance, not before...

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PlugInBaby
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Re: Negotiating for Scholarships While on Waitlist

Postby PlugInBaby » Tue Feb 23, 2010 8:00 pm

blhoward2 wrote:Worst idea ever. This has to be a flame. If they put you on the waitlist, they didn't want you that much in the first place. Why would they entice you to come when they haven't even decided if they want you?


I only considered it because of where my stats lie in comparison to the 75th percentile. Perhaps they thought I wasn't serious about attending the school in the first place, I have no bloody clue why they WL'd me.

It baffles me how two similarly ranked schools can come to two ridiculously different conclusions (basically everything was the same in each application).

03121202698008
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Re: Negotiating for Scholarships While on Waitlist

Postby 03121202698008 » Tue Feb 23, 2010 8:01 pm

starstruck393 wrote:
blhoward2 wrote:Worst idea ever. This has to be a flame. If they put you on the waitlist, they didn't want you that much in the first place. Why would they entice you to come when they haven't even decided if they want you?


Maybe? I figured it was YP. In which case $$ is very possible, just after an acceptance, not before...


Except that negotiating scholarship money is predicated on you arguing you will go somewhere else if not given money...which is what YP'ing is all about. Once your admitted...you have no bargaining position. But if you attempt to bargain before your in...why would they admit you and risk their yield?

starstruck393
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Re: Negotiating for Scholarships While on Waitlist

Postby starstruck393 » Tue Feb 23, 2010 8:05 pm

blhoward2 wrote:
starstruck393 wrote:
blhoward2 wrote:Worst idea ever. This has to be a flame. If they put you on the waitlist, they didn't want you that much in the first place. Why would they entice you to come when they haven't even decided if they want you?


Maybe? I figured it was YP. In which case $$ is very possible, just after an acceptance, not before...


Except that negotiating scholarship money is predicated on you arguing you will go somewhere else if not given money...which is what YP'ing is all about. Once your admitted...you have no bargaining position. But if you attempt to bargain before your in...why would they admit you and risk their yield?


Huh? I lost you until that last sentence...

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PlugInBaby
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Re: Negotiating for Scholarships While on Waitlist

Postby PlugInBaby » Tue Feb 23, 2010 9:18 pm

Thanks to the majority of you guys for the constructive criticism. I will work on LOCI #2 if necessary sans the scholarship lobbying. Either way if the top two don't work out, Kent with 20k/year is not a bad consolation prize at all.

What would have truly been facepalm worthy was to do what I proposed without asking for others' opinions.




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