do you lose leverage after 1st deposit deadline? Forum

[thevuch]

how much leverage do you lose between school's 1st and 2nd deadlines? or can effective negotiations take place after the 1st deposit?

[DoveBodyWash]

i actually think you have the most leverage between the 1st and 2nd deadlines. But only if you paid a first deposit at multiple schools.

[Baby_Got_Feuerbach]

i actually think you have the most leverage between the 1st and 2nd deadlines. But only if you paid a first deposit at multiple schools.

I had no idea that was allowed.

[hichvichwoh]

i actually think you have the most leverage between the 1st and 2nd deadlines. But only if you paid a first deposit at multiple schools.

I had no idea that was allowed.

that's what they're hoping for

[sheepishsmirk]

i actually think you have the most leverage between the 1st and 2nd deadlines. But only if you paid a first deposit at multiple schools.

I had no idea that was allowed.

that's what they're hoping for

Wait wait wait, unpack that for me. Why would a person pay a first deposit at multiple schools>

Let's say, hypothetically, that I paid a deposit at school A and then school B offers me a full scholarship, so I pay a deposit to school B. Any shot at getting my deposit to school A back?

[CoffeeIsLife]

i actually think you have the most leverage between the 1st and 2nd deadlines. But only if you paid a first deposit at multiple schools.

I had no idea that was allowed.

that's what they're hoping for

Wait wait wait, unpack that for me. Why would a person pay a first deposit at multiple schools>

Let's say, hypothetically, that I paid a deposit at school A and then school B offers me a full scholarship, so I pay a deposit to school B. Any shot at getting my deposit to school A back?

Deposits are generally nonrefundable. The point would be that since you paid the deposit you could have the two or however many schools you deposited to basically fight for you to come to their school. What you lose in deposit you could possibly make up times a lot with scholarship.

Say you pay two different $500 deposits. You get a school to take you from $20,000 a year to $25,000 a year. So while you lost out on $500 from whichever school you don't attend, you made $15,000 in additional scholarship money.

[rwhyAn]

i actually think you have the most leverage between the 1st and 2nd deadlines. But only if you paid a first deposit at multiple schools.

I had no idea that was allowed.

that's what they're hoping for

Wait wait wait, unpack that for me. Why would a person pay a first deposit at multiple schools>

Let's say, hypothetically, that I paid a deposit at school A and then school B offers me a full scholarship, so I pay a deposit to school B. Any shot at getting my deposit to school A back?

A person may deposit at multiple schools if he/she is unsure where to attend, and/or the student is trying to use the big scholarship from a lower ranked school to help increase the offer from the better school, which might be giving less money. As for your hypothetical, it depends. If the seat deposit is non-refundable, I highly doubt any school will give you it back, especially if it's because you'll be attending elsewhere. I've seen schools that will refund a portion of the seat deposit if you withdraw by a certain date. You'd need to check the language for each school.

[Moonlight]

Do the schools know if you deposited to multiple schools?

[Brettanomyces]

Do the schools know if you deposited to multiple schools?

I think there's an LSAC report that goes out to schools on May 15th, yeah.

[Moonlight]

Do the schools know if you deposited to multiple schools?

I think there's an LSAC report that goes out to schools on May 15th, yeah.

Do you guys think I may get an increase in scholarship even if I didn't multi deposit? I didn't realize this was allowed and that it is an technique for more scholarship so I didn't deposit at multiple schools.