Negotiating Merit Aid

Many years ago TLS held a content competition. The competition is no longer active, but this forum keeps going.
User avatar
jackassjim
Posts: 185
Joined: Sun Dec 07, 2008 10:58 pm

Re: Negotiating Merit Aid (updated with t25 $ statistics)

Postby jackassjim » Fri Jul 17, 2009 1:52 pm

For individual schools, you can also do cool stuff like this (where the red-to-black spectrum represents low-to-high-LSAT):

--ImageRemoved-- (LinkRemoved)

User avatar
Chuch
Posts: 63
Joined: Mon Jun 23, 2008 1:53 pm

Re: Negotiating Merit Aid (updated with t25 $ statistics)

Postby Chuch » Fri Jul 17, 2009 2:32 pm

first graphs are up! i made a couple of scatter plots on LSN merit aid data separated by sub tier. also, thanks to jackassjim for the mean/median and michigan graphs (keep them coming!). also, someone has pm'ed me a splitter negotiation strategy, so that will be up when i get the time to type it up. keep the suggestions coming.

User avatar
Chuch
Posts: 63
Joined: Mon Jun 23, 2008 1:53 pm

Re: Negotiating Merit Aid (updated with t25 $ statistics)

Postby Chuch » Fri Jul 17, 2009 2:57 pm

jackassjim wrote:
Chuch wrote:
jackassjim wrote:Your data for Michigan and Virginia are incomplete. Sample size should be considerably bigger.


yeah. i only grabbed first page of search results (hence the even 100). i'm working on updating it now.


The difference is really not that huge:

Yours:
    Michigan: (100)
    LSAT: 171.77 / 171 / 2.96
    GPA: 3.705 / 3.74 / .23
    $: 52,290.67 / 45,000.00 / 33,735.84

Mine:
    > mean(michigan$money)
    [1] 56360.12
    > mean(michigan$LSAT)
    [1] 171.5522
    > mean(michigan$GPA)
    [1] 3.736418
    > median(michigan$LSAT)
    [1] 171
    > median(michigan$GPA)
    [1] 3.78
    > median(michigan$money)
    [1] 45000
    >


did you exclude urm's in those stats? 4k mean scholly seems like a big jump.

User avatar
jackassjim
Posts: 185
Joined: Sun Dec 07, 2008 10:58 pm

Re: Negotiating Merit Aid (updated with t25 $ statistics)

Postby jackassjim » Fri Jul 17, 2009 3:01 pm

Chuch wrote:did you exclude urm's in those stats? 4k mean scholly seems like a big jump.


Nope, didn't know it was possible...

User avatar
YCrevolution
Posts: 4714
Joined: Sat Oct 25, 2008 1:25 am

Re: Negotiating Merit Aid (updated with t25 $ statistics)

Postby YCrevolution » Fri Jul 17, 2009 3:38 pm

..

User avatar
danr2040
Posts: 29
Joined: Sun Jan 04, 2009 9:46 pm

Re: Negotiating Merit Aid

Postby danr2040 » Fri Jul 17, 2009 4:14 pm

sbalive wrote:I think it should be added to the top of the article - APPLY BROADLY.

Everyone always says to select a "few" reaches and targets. But, especially if you can get fee waivers, it's worth the investment (only $12/app with a waiver) to get as much leverage as possible. So, even if a school might not be in a region where you want to practice, or even if it's a T14 you wouldn't want to attend due to location (like Michigan or Cornell), it's still worth applying and taking the time to write supplemental essays, etc. It's worth it for potentially $10-20K more.


This bears repeating. I would also suggest for those interested in playing real hardball to take the June LSAT after apps are said and done. You can leverage additional money out of the school you are already in if you go up even only 1 or 2 points, due to USNWR whoring. Moving up to a 170 from a 168 got me $25,000/year from my dream school when I was not going to get anything. Best return on investment of $110 I will ever see . . .

User avatar
Chuch
Posts: 63
Joined: Mon Jun 23, 2008 1:53 pm

Re: Negotiating Merit Aid (updated with t25 $ statistics)

Postby Chuch » Fri Jul 17, 2009 9:52 pm

Ken wrote:I did not see information on HYS, is that available? Cheers,


looks like it's mostly need based. it's good to be king... :)

User avatar
rondemarino
Posts: 529
Joined: Tue Jun 09, 2009 12:29 am

Re: Negotiating Merit Aid (updated with ubercool graphs)

Postby rondemarino » Fri Jul 17, 2009 9:55 pm

I like sliced bread. This thread might just be the best thing since.

User avatar
lawlover829
Posts: 183
Joined: Fri May 15, 2009 9:40 pm

Re: Negotiating Merit Aid (updated with ubercool graphs)

Postby lawlover829 » Fri Jul 17, 2009 9:59 pm

cool

User avatar
Chuch
Posts: 63
Joined: Mon Jun 23, 2008 1:53 pm

Re: Negotiating Merit Aid (updated so splitters can get $ too!)

Postby Chuch » Sat Jul 18, 2009 3:02 pm

added splitter strategy for negotiation and splitter graphs. splitters need $$$ too!!! urm data coming. thanks to Spaceman_Stiff for the help with the splitter negotiation strategy!

User avatar
Chuch
Posts: 63
Joined: Mon Jun 23, 2008 1:53 pm

Re: Negotiating Merit Aid (updated with urm graphs!)

Postby Chuch » Mon Jul 20, 2009 1:12 pm

urm graphs are up. will add t25 graphs and make several other recommended additions next. thanks for all the input!

User avatar
Ken
Posts: 923
Joined: Sat Jun 11, 2005 6:22 am

Re: Negotiating Merit Aid (updated with urm graphs!)

Postby Ken » Mon Jul 20, 2009 1:59 pm

Chuch, thanks for this extra effort to make your very good article great. Also, a shout out to Jackass Jim and YCRevolution for helping on improving this article with the inclusion of the nice graphs. Cheers,

Ken

User avatar
rondemarino
Posts: 529
Joined: Tue Jun 09, 2009 12:29 am

Re: Negotiating Merit Aid (updated with urm graphs!)

Postby rondemarino » Mon Jul 20, 2009 2:01 pm

Seriously. This is right up there with there with Arrow's post on doing well in 1L. And also Wahoo_1Ls post on the same subject.

User avatar
Chuch
Posts: 63
Joined: Mon Jun 23, 2008 1:53 pm

Re: Negotiating Merit Aid

Postby Chuch » Mon Jul 20, 2009 2:14 pm

danr2040 wrote:I would also suggest for those interested in playing real hardball to take the June LSAT after apps are said and done. You can leverage additional money out of the school you are already in if you go up even only 1 or 2 points, due to USNWR whoring. Moving up to a 170 from a 168 got me $25,000/year from my dream school when I was not going to get anything. Best return on investment of $110 I will ever see . . .


does anyone who's done this ^^^ want to pm me a strategy to include in the article? sounds like a great way to snag some extra $$..

User avatar
Chuch
Posts: 63
Joined: Mon Jun 23, 2008 1:53 pm

Re: Negotiating Merit Aid (updated with urm graphs!)

Postby Chuch » Mon Jul 20, 2009 2:15 pm

jayzon wrote:F'n Awesome, Chuch! Now...what about splitter URMs? :mrgreen:

::head explodes::

User avatar
jackassjim
Posts: 185
Joined: Sun Dec 07, 2008 10:58 pm

Re: Negotiating Merit Aid (updated with urm graphs!)

Postby jackassjim » Mon Jul 20, 2009 2:53 pm

Ken wrote:Chuch, thanks for this extra effort to make your very good article great. Also, a shout out to Jackass Jim and YCRevolution for helping on improving this article with the inclusion of the nice graphs. Cheers,

Ken


Thanks for the shout-out Ken.

Chuch: It would be rather trivial to produce graphs like the Michigan one for all schools. We could host a gallery on an external website to make sure the thread is not too clutered.

Problem is, I don't want to collect the data, as this would be a major time sink + you have done it all already. If you could send me spreadsheets with 3 columns:
1- Each individual LSAT score matched to
2- Each individual GPA matched to
3- $$$

It would be quite interesting to see how the graphs compare...

User avatar
lawlover829
Posts: 183
Joined: Fri May 15, 2009 9:40 pm

Re: Negotiating Merit Aid (updated with urm graphs!)

Postby lawlover829 » Mon Jul 20, 2009 3:04 pm

Thanks for this. Espc for the URM graphs. You answered my questions :)

User avatar
Chuch
Posts: 63
Joined: Mon Jun 23, 2008 1:53 pm

Re: Negotiating Merit Aid

Postby Chuch » Mon Jul 27, 2009 11:00 am

Chuch wrote:
danr2040 wrote:I would also suggest for those interested in playing real hardball to take the June LSAT after apps are said and done. You can leverage additional money out of the school you are already in if you go up even only 1 or 2 points, due to USNWR whoring. Moving up to a 170 from a 168 got me $25,000/year from my dream school when I was not going to get anything. Best return on investment of $110 I will ever see . . .


does anyone who's done this ^^^ want to pm me a strategy to include in the article? sounds like a great way to snag some extra $$..


another bump for this ^^. anyone care to share?

pithypike
Posts: 88
Joined: Sat Dec 22, 2007 4:35 pm

Re: Negotiating Merit Aid

Postby pithypike » Wed Sep 09, 2009 8:58 pm

this should win $$$$$$$$$$$$$$

Rasta10
Posts: 8
Joined: Sat Oct 10, 2009 10:56 am

Re: Negotiating Merit Aid

Postby Rasta10 » Sun Oct 18, 2009 9:50 pm

Great stuff, thanks for all the advice. Keep it coming! I can't wait to try it out and post my own results.

User avatar
soullesswonder
Posts: 553
Joined: Sat Mar 21, 2009 11:36 pm

Re: Negotiating Merit Aid

Postby soullesswonder » Sun Nov 08, 2009 11:30 pm

where the hell did the original post go?

User avatar
jackassjim
Posts: 185
Joined: Sun Dec 07, 2008 10:58 pm

Re: Negotiating Merit Aid

Postby jackassjim » Sun Nov 08, 2009 11:37 pm

soullesswonder wrote:where the hell did the original post go?


+1

mcdad
Posts: 37
Joined: Wed Oct 07, 2009 3:39 pm

Re: Negotiating Merit Aid

Postby mcdad » Mon Nov 09, 2009 12:14 am

I can't seem to find the original article. Would someone give me a ballpark est. on a nonURM splitter at Michigan: 3.4/176

User avatar
solotee
Posts: 481
Joined: Thu Apr 09, 2009 5:20 pm

Re: Negotiating Merit Aid

Postby solotee » Mon Nov 09, 2009 8:03 pm

Chuch? Post? No?

User avatar
Chuch
Posts: 63
Joined: Mon Jun 23, 2008 1:53 pm

Re: Negotiating Merit Aid

Postby Chuch » Wed Nov 11, 2009 1:42 am

ken quit responding to my pms. :cry:




Return to “TLS Content Competitions”

Who is online

Users browsing this forum: No registered users and 1 guest