Negotiation post deposot

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derrminater
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Joined: Mon Nov 22, 2010 9:30 pm

Negotiation post deposot

Postby derrminater » Tue May 31, 2011 6:54 pm

Does anyone know if it is possible to continue to negotiate aid after a deposit has been made? I think I may have heard some rumblings of this during the process but I am not sure how those people went about asking for more money in a position of such diminished leverage. Thanks!

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OGR3
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Joined: Wed Dec 23, 2009 6:56 pm

Re: Negotiation post deposot

Postby OGR3 » Tue May 31, 2011 6:58 pm

derrminater wrote:Does anyone know if it is possible to continue to negotiate aid after a deposit has been made? I think I may have heard some rumblings of this during the process but I am not sure how those people went about asking for more money in a position of such diminished leverage. Thanks!


Leverage is diminished significantly after you've made a deposit. The only times that I can think of that you'd still be able to get more money is if the school where you deposited had an early deposit deadline and you only did that to keep your options open or if you received a new offer from another school. Depending on the school, it might have been a better course to have let the deposit deadline pass, as some schools will offer you more money in an effort to make you reconsider.

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zonto
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Joined: Thu Dec 16, 2010 4:20 pm

Re: Negotiation post deposot

Postby zonto » Tue Jun 07, 2011 12:40 pm

I got another $5,000 per year at a school after I deposited. I had already been denied an increase once before the deposit date. In my first letter, I told them that I wouldn't mind making a deposit to show them my interest and to see if funds opened up. The second letter that I sent post-deposit detailed a more generous offer from a competing school (that I hadn't received notice of when I made my first deposit elsewhere) and the award increase came back a week later.

It still wasn't enough to influence me to go, but the few hundred dollars to see what happened seemed worth it to me.

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NYC Law
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Joined: Thu May 26, 2011 3:33 pm

Re: Negotiation post deposot

Postby NYC Law » Tue Jun 07, 2011 12:43 pm

I didn't get money from my top choices until after I deposited. They know you can still easily deposit somewhere else.

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DocHawkeye
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Joined: Fri Oct 29, 2010 11:22 am

Re: Negotiation post deposot

Postby DocHawkeye » Tue Jun 07, 2011 1:54 pm

I asked for more money pre-first deposit and was turned down but I got a letter after my second deposit dropping all stips from my scholarship. Must say I'm pretty pleased.




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