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Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 3:55 pm
by Yanky91
Someone told me that some schools convert your merit scholarship to a loan if you transfer after your first year. So if I have a full ride at law school x, and decide to transfer to Harvard after my 1L, that full ride for 1L is turned into a loan that I have to pay back to the school. Is this true?
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 3:55 pm
by BigZuck
wut
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 3:56 pm
by lakers180
lol no
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 4:00 pm
by Bildungsroman
I remember hearing about some CA shitheap doing this, but I think most schools do not. Check with the school.
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 4:08 pm
by Tiago Splitter
Thomas Jefferson did this at one point and still might. I'd recommend a retake.
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 4:10 pm
by patogordo
LOL
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 4:55 pm
by Winston1984
Tiago Splitter wrote:Thomas Jefferson did this at one point and still might. I'd recommend a retake.
I'd like to meet someone that transfered to TJ.
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 5:10 pm
by sublime
..
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 5:18 pm
by PinkRevolver
Yanky91 wrote:Someone told me that some schools convert your merit scholarship to a loan if you transfer after your first year.
Yes, it's true. It happened to me and to my friend when we transferred from our T50 after 1L. They said if I pay within 2 years there will be no penalty. $15k plus interest
. Luckily I landed Biglaw through my new school's OCI so I can pay it all off this summer. But it's still sad to see half of my earnings go down the drain. PM if you want more specific detail.
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 5:18 pm
by Yanky91
I'm not in law school yet and I'm not going to Thomas Jefferson. I got accepted to much better schools with full Duritos!!!!! I just wanted to see if it was true just in case I do decide to transfer.
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 5:19 pm
by Tiago Splitter
sublime wrote:Winston1984 wrote:Tiago Splitter wrote:Thomas Jefferson did this at one point and still might. I'd recommend a retake.
I'd like to meet someone that transfered to TJ.
He means transferring out of TJ.
Although I would like to meet someone who transfers into TJ
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 5:20 pm
by Yanky91
PinkRevolver wrote:Yanky91 wrote:Someone told me that some schools convert your merit scholarship to a loan if you transfer after your first year.
Yes, it's true. It happened to me and to my friend when we transferred from our T50 after 1L. They said if I pay within 2 years there will be no penalty. $15k plus interest
. Luckily I landed Biglaw through my new school's OCI so I can pay it all off this summer. But it's still sad to see half of my earnings go down the drain. PM if you want more specific detail.
See you guys! IT IS TRUE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 5:23 pm
by californiauser
PinkRevolver wrote:Yanky91 wrote:Someone told me that some schools convert your merit scholarship to a loan if you transfer after your first year.
Yes, it's true. It happened to me and to my friend when we transferred from our T50 after 1L. They said if I pay within 2 years there will be no penalty. $15k plus interest
. Luckily I landed Biglaw through my new school's OCI so I can pay it all off this summer. But it's still sad to see half of my earnings go down the drain. PM if you want more specific detail.
out the school
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 5:32 pm
by Yanky91
Tiago Splitter wrote:Although I would like to meet someone who transfers into TJ
Your mom transferred into TJ.
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 5:36 pm
by Tiago Splitter
Yanky91 wrote:Tiago Splitter wrote:Although I would like to meet someone who transfers into TJ
Your mom transferred into TJ.
That just happened
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 5:37 pm
by Winston1984
sublime wrote:Winston1984 wrote:Tiago Splitter wrote:Thomas Jefferson did this at one point and still might. I'd recommend a retake.
I'd like to meet someone that transfered to TJ.
He means transferring out of TJ.
Sorry for the reading comp fail
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 5:39 pm
by Ricky-Bobby
californiauser wrote:
out the school
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 04, 2014 5:43 pm
by Yanky91
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Mon Mar 17, 2014 8:49 pm
by PinkRevolver
As I said, you can PM if you want specifics. To be fair to the school, even though I really hate them, I will say that at least they are only giving me a 2% interest rate if I pay them back within 2 years.
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 18, 2014 12:58 am
by downinDtown
PinkRevolver wrote:As I said, you can PM if you want specifics. To be fair to the school, even though I really hate them, I will say that at least they are only giving me a 2% interest rate if I pay them back within 2 years.
Based on your post history, I'm guessing Fordham. Amirite? That Upper West Side rent can be expensive...
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 18, 2014 1:06 am
by Yanky91
PinkRevolver wrote:As I said, you can PM if you want specifics. To be fair to the school, even though I really hate them, I will say that at least they are only giving me a 2% interest rate if I pay them back within 2 years.
I did, and you responded...... I think
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 18, 2014 1:10 am
by star fox
Fordham really does this? Wow, I'm shocked.
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 18, 2014 1:11 am
by PinkRevolver
downinDtown wrote:PinkRevolver wrote:As I said, you can PM if you want specifics. To be fair to the school, even though I really hate them, I will say that at least they are only giving me a 2% interest rate if I pay them back within 2 years.
Based on your post history, I'm guessing Fordham. Amirite? That Upper West Side rent can be expensive...
Nope, not Fordham
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 18, 2014 1:12 am
by PinkRevolver
Yanky91 wrote:PinkRevolver wrote:As I said, you can PM if you want specifics. To be fair to the school, even though I really hate them, I will say that at least they are only giving me a 2% interest rate if I pay them back within 2 years.
I did, and you responded...... I think
lol, yes we spoke.
Re: Do some schools really convert $$$$$ when you tranfer
Posted: Tue Mar 18, 2014 1:13 am
by PinkRevolver
john7234797 wrote:Fordham really does this? Wow, I'm shocked.
No it's not Fordham. I was at a now much lower ranked school outside of NY.