Any possibility of aid if accepted ED?

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
joedf
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Any possibility of aid if accepted ED?

Postby joedf » Thu Nov 29, 2012 3:12 pm

I applied ED to Columbia, and I'm almost scared I'll get in, as I'll probably have to pay sticker.

Obviously, I'm committed to go if accepted. Can I still see how other school's offers come back, and is there any chance at leveraging aid if I get something to NYU, etc.? Or is this just something I have to accept?

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ph14
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Re: Any possibility of aid if accepted ED?

Postby ph14 » Fri Nov 30, 2012 1:03 am

joedf wrote:I applied ED to Columbia, and I'm almost scared I'll get in, as I'll probably have to pay sticker.

Obviously, I'm committed to go if accepted. Can I still see how other school's offers come back, and is there any chance at leveraging aid if I get something to NYU, etc.? Or is this just something I have to accept?


It's something you're going to have to accept. You can ask, but since you have very little leverage (not attending and reapplying in a year), they probably will not give you scholarship money. They will use it to attract students with characteristics they want (numbers/diversity).

joedf
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Re: Any possibility of aid if accepted ED?

Postby joedf » Fri Nov 30, 2012 1:19 pm

Makes sense. I think I knew this in the back of my mind, sadly, but was blindly hoping someone might contradict me.

Means a lot, man, I appreciate your help.

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ph14
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Re: Any possibility of aid if accepted ED?

Postby ph14 » Fri Nov 30, 2012 1:22 pm

joedf wrote:Makes sense. I think I knew this in the back of my mind, sadly, but was blindly hoping someone might contradict me.

Means a lot, man, I appreciate your help.


No problem. Good luck on your ED application.

FloridaCoastalorbust
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Re: Any possibility of aid if accepted ED?

Postby FloridaCoastalorbust » Fri Nov 30, 2012 1:59 pm

leverage after accepted.

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ph14
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Re: Any possibility of aid if accepted ED?

Postby ph14 » Fri Nov 30, 2012 2:04 pm

FloridaCoastalorbust wrote:leverage after accepted.


What? You really have minimal leverage after you've been accepted early decision. Your only other option is just to sit out a year and reapply. That's not very persuasive to schools. And certainly not the type of leverage that a financial aid package at a peer school could exert.

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2014
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Re: Any possibility of aid if accepted ED?

Postby 2014 » Fri Nov 30, 2012 3:01 pm

Probably not happening, Columbia is stingy as is.

If you want to leverage you should wait until late summer though at the point where it might be more convenient to just give you the money than to risk losing you and having to deal with the WL. At that point you should email them and say after evaluating your financial circumstances you are becoming progressively more weary of the debt you are about to take on and that any scholarship aid would greatly alleviate that stress and make you more likely to matriculate.

Just don't word it as an ultimatum or they might take you up on it.


All that only matters if you get in, don't worry until that happens.

joedf
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Re: Any possibility of aid if accepted ED?

Postby joedf » Fri Nov 30, 2012 8:35 pm

Haha that's true, I'm not even in yet.

You have an interesting suggestion on waiting until late summer, but is that really an option? I know the ED agreement advises you to decline all other offers immediately and notify the schools you've already applied to, which I'd figured would preclude me from waiting for offers elsewhere should I get accepted.

FloridaCoastalorbust
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Re: Any possibility of aid if accepted ED?

Postby FloridaCoastalorbust » Sat Dec 01, 2012 11:51 am

ph14 wrote:
FloridaCoastalorbust wrote:leverage after accepted.


What? You really have minimal leverage after you've been accepted early decision. Your only other option is just to sit out a year and reapply. That's not very persuasive to schools. And certainly not the type of leverage that a financial aid package at a peer school could exert.


I received money after accepted ED by asking.

Edit - at a t10 not Columbia

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ph14
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Re: Any possibility of aid if accepted ED?

Postby ph14 » Sat Dec 01, 2012 1:52 pm

FloridaCoastalorbust wrote:
ph14 wrote:
FloridaCoastalorbust wrote:leverage after accepted.


What? You really have minimal leverage after you've been accepted early decision. Your only other option is just to sit out a year and reapply. That's not very persuasive to schools. And certainly not the type of leverage that a financial aid package at a peer school could exert.


I received money after accepted ED by asking.

Edit - at a t10 not Columbia


You're the exception to the rule.

FloridaCoastalorbust
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Re: Any possibility of aid if accepted ED?

Postby FloridaCoastalorbust » Sun Dec 02, 2012 7:57 pm

ph14 wrote:
FloridaCoastalorbust wrote:
ph14 wrote:
FloridaCoastalorbust wrote:leverage after accepted.


What? You really have minimal leverage after you've been accepted early decision. Your only other option is just to sit out a year and reapply. That's not very persuasive to schools. And certainly not the type of leverage that a financial aid package at a peer school could exert.


I received money after accepted ED by asking.

Edit - at a t10 not Columbia


You're the exception to the rule.


exception indeed. but OP has a chance for money by asking, probably. albeit a slim one. but a chance

joedf
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Re: Any possibility of aid if accepted ED?

Postby joedf » Mon Dec 03, 2012 1:51 pm

Worth a shot, thanks!

Not expecting anything but I won't get rescinded if I ask, assuming I get in in the first place. Thanks for all the help, sincerely, both of you

alldabest13
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Re: Any possibility of aid if accepted ED?

Postby alldabest13 » Mon Feb 04, 2013 9:49 pm

I ED at NYU and was shocked to to find out I received a decent size Deans Scholarship, so don't count yourself out just yet




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