I was also offered the $12,000 scholarship. NYLS being what is it, I would need to be offered a MUCH larger scholarship to even begin to consider attending. Especially when the stipulations are so steep and somewhat misleading. The award letter seemed to suggest that a 3.1 was required to maintain the scholarship, but then the next sentence stated that those with less than a 3.3 would be converted to a $7,500 scholarship while those falling below 3.0 would, naturally, lose their scholarship and all eligibility for future scholarships from NYLS.
Given the mediocre reputation of this school, its not far-fetched to say this will be the first school I officially withdraw from. Heck, I've been offered a full-tuition scholarship with OOS waiver to Akron, and if I find myself staring down the barrel of attending a Tier 3/4 school with such strict stipulations I would definitely choose Akron's offer over New York's, but chances are I'd likely reevaluate the whole undertaking. Fortunately this will not be the case for me, as I've been offered other scholarships at other institutions with better reputations and more reasonable stipulations. Either way, I'm not one of those so desperate for a J.D. that I'll go ANYWHERE, the consequences and job prospects be damned.