Questions about Scholarship Negotiations

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
Sawtooth
Posts: 26
Joined: Wed Jun 29, 2016 12:59 pm

Questions about Scholarship Negotiations

Postby Sawtooth » Fri Dec 09, 2016 1:13 pm

What is the typical timeline for scholarship negotiations? A lot of the schools that have accepted me don't seem to make scholarship awards until March, which doesn't seem to leave a lot of haggling time before the deposit deadline. Is depositing at multiple schools just part of the game?

Also, are negotiations based on a particular award's dollar amount, or what percentage of tuition the award covers? For instance, lets say I get accepted to two similarly-ranked peer schools. Sticker at School A is 15k, and School A offers me full-tuition. If sticker at Schools B is 30k, would School B consider a "matching" offer to be 45k total, or also a full-ride?

Any other insights or success stories about scholarship negotiation are appreciated.

Effingham
Posts: 163
Joined: Thu Sep 04, 2014 8:40 am

Re: Questions about Scholarship Negotiations

Postby Effingham » Fri Dec 09, 2016 1:42 pm

I started negotiating before deposits, then deposited at three schools and negotiated between them.

To your second question, I think they will try to look at it as 45K as matching, but be creative. A scholarship is a discount, not a gift. If you reference things in terms of what you are paying and not what they are supposedly giving you, it makes your position more favorable.

Sawtooth
Posts: 26
Joined: Wed Jun 29, 2016 12:59 pm

Re: Questions about Scholarship Negotiations

Postby Sawtooth » Fri Dec 09, 2016 2:48 pm

Were you able to significantly raise you scholarships after you deposited? How long after the deposit deadline did you decide on a school?




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