do you lose leverage after 1st deposit deadline?
Posted: Thu Apr 10, 2014 7:46 pm
how much leverage do you lose between school's 1st and 2nd deadlines? or can effective negotiations take place after the 1st deposit?
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I had no idea that was allowed.cusenation wrote: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.
that's what they're hoping forBaby_Got_Feuerbach wrote:I had no idea that was allowed.cusenation wrote: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.
Wait wait wait, unpack that for me. Why would a person pay a first deposit at multiple schools>hichvichwoh wrote:that's what they're hoping forBaby_Got_Feuerbach wrote:I had no idea that was allowed.cusenation wrote: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.
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.sheepishsmirk wrote:Wait wait wait, unpack that for me. Why would a person pay a first deposit at multiple schools>hichvichwoh wrote:that's what they're hoping forBaby_Got_Feuerbach wrote:I had no idea that was allowed.cusenation wrote: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.
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.sheepishsmirk wrote:Wait wait wait, unpack that for me. Why would a person pay a first deposit at multiple schools>hichvichwoh wrote:that's what they're hoping forBaby_Got_Feuerbach wrote:I had no idea that was allowed.cusenation wrote: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.
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?
I think there's an LSAC report that goes out to schools on May 15th, yeah.Moonlight wrote:Do the schools know if you deposited to multiple schools?
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.Brettanomyces wrote:I think there's an LSAC report that goes out to schools on May 15th, yeah.Moonlight wrote:Do the schools know if you deposited to multiple schools?