More money after seat deadlines?

(Applications Advice, Letters of Recommendation . . . )
deltasigbn
Posts: 61
Joined: Fri Dec 25, 2009 1:58 am

More money after seat deadlines?

Postby deltasigbn » Mon Mar 28, 2011 9:12 am

Just wondering whether anybody here has had the experience of receiving more scholarship money, or scholarship money (from those schools not generous enough to give the first time) from schools after the first seat deposit deadline?

MyManKanye
Posts: 96
Joined: Mon Feb 07, 2011 2:11 pm

Re: More money after seat deadlines?

Postby MyManKanye » Tue Mar 29, 2011 1:52 am

I'm in a similar position trying to negotiate more money after a seat deposit currently. I had no luck with it from other schools before deadlines so I'm not hopeful. I think it can still be successful though, perhaps even moreso than before given that some of the offered money is now unallocated from students who didn't put a deposit in. Just make it clear that you aren't fully onboard yet despite your deposit, but that you would dearly like to be.

Prometheus214
Posts: 17
Joined: Mon Mar 14, 2011 9:31 pm

Re: More money after seat deadlines?

Postby Prometheus214 » Tue Mar 29, 2011 7:36 pm

I'm curious about this too. Does anyone have any experiences with this?

User avatar
MrPapagiorgio
Posts: 1747
Joined: Sat Feb 13, 2010 2:36 am

Re: More money after seat deadlines?

Postby MrPapagiorgio » Tue Mar 29, 2011 7:59 pm

There are two sides to this concept. On the one hand, you typically negotiate scholarships before making a financial commitment (i.e. seat deposit) because it shows you are still debating where to go. But if you make the commitment via seat deposit, the school may feel like it has less to lose by not offering any more money.

On the other hand, the above poster had a good point in that after the deposit deadline passes, money that had been previously allocated to students who did not put down the seat deposit will become available.

Personally, if I were on the other end, I wouldn't give any more money after you put a deposit down. The prevailing wisdom is that you only put down one deposit (though certainly multiple deposits is more common that one would think). If that is the case, an adcomm no longer needs to woo you, so to speak.

Giving more money after a seat deposit is like a car salesman throwing in a second set of tires after he made the sale. He wouldn't do it, because the sale has been closed and has no reason to provide further incentives.

deltasigbn
Posts: 61
Joined: Fri Dec 25, 2009 1:58 am

Re: More money after seat deadlines?

Postby deltasigbn » Tue Mar 29, 2011 10:28 pm

.
Last edited by deltasigbn on Wed Aug 31, 2011 2:14 pm, edited 1 time in total.

Sandro
Posts: 2526
Joined: Sat Jul 18, 2009 12:12 am

Re: More money after seat deadlines?

Postby Sandro » Wed Mar 30, 2011 12:26 am

I think both make sense. Money might flow to those who have indicated they want more even with a small deposit....

User avatar
Cupidity
Posts: 2214
Joined: Sun Jun 07, 2009 10:21 pm

Re: More money after seat deadlines?

Postby Cupidity » Wed Mar 30, 2011 12:34 am

Yes, I received a 15K per year increase

User avatar
zonto
Posts: 480
Joined: Thu Dec 16, 2010 4:20 pm

Re: More money after seat deadlines?

Postby zonto » Wed Mar 30, 2011 12:50 am

Was that from continuing LOCIs or through their own initiative after you deposited?

User avatar
Cupidity
Posts: 2214
Joined: Sun Jun 07, 2009 10:21 pm

Re: More money after seat deadlines?

Postby Cupidity » Wed Mar 30, 2011 12:59 am

zonto wrote:Was that from continuing LOCIs or through their own initiative after you deposited?


Negotiation.

deltasigbn
Posts: 61
Joined: Fri Dec 25, 2009 1:58 am

Re: More money after seat deadlines?

Postby deltasigbn » Wed Mar 30, 2011 8:35 am

.




Return to “Law School Admissions Forum”

Who is online

Users browsing this forum: cooldog, drillteam, Majestic-12 [Bot] and 8 guests