Help me plan negotiations
Posted: Fri Mar 25, 2016 7:56 pm
Hello! Long-time lurker, and I'm finally asking for help because I'm not sure which path to pursue. Here's my situation: I applied to several schools so I'd have leverage to work with. 170 LSAT, 3.77 GPA, non URM, out of UG for 8ish years, and I'm considered independent for financial aid purposes by most schools. My whole family is low/middle-low income, though, so I'm getting a lot of need-based aid. Softs are "eh".
Still waiting to hear back from:
Harvard (expected rejection)
U Chicago (expected rejection)
UVA (expected WL/rejection)
NYU (expected WL/rejection)
Waitlisted at:
Northwestern
Georgetown
U Penn
UCLA
Duke
Columbia
Rejected from:
Berkeley
Offered admission from:
Cornell - $120,000 scholarship (top choice)
Vanderbilt - $125,000 scholarship (offer stated explicitly that it is not their policy to "compete" with awards from other schools)
UC Davis - $120,000 scholarship + ~$30,000 need-based grants (estimated by them) (safe choice)
I'm a California resident and Davis is pretty close, so I wouldn't have to move if I chose it, but I'm no stranger to moving somewhere completely new by myself, and Nashville and Ithaca are exciting prospects. I know I would love Ithaca, and I'm going to Vandy's ASW in two weeks. Using the Cost Comparison spreadsheet I found on these boards, I came up with these estimates for total debt at repayment, given the initial scholarship offers:
Cornell ~ $157,000 debt
Vanderbilt - $116,000 debt
UC Davis - $36,000 debt
If Davis were to up their scholarship offer to full tuition, the need-based grants would cover most of my living expenses, and I could end up with only ~$5000 in loans at repayment. I would prefer to attend Cornell, but I would absolutely take Davis on for a full tuition scholarship.
About Cornell: Unless any of my other schools (see above) magically admit me with $$$ or un-waitlist me with $$$, Cornell is the best school to offer me anything, so I don't have much leverage to encourage them to increase their offer, and unless I can convince them to increase the offer by ~$45,000, I'm thinking I may just have to cut my losses and go with the least debt at Davis. I cannot rationalize going into that much debt for my dream school.
Here are my questions: Davis' first seat deposit is due April 15, and I don't get back from Vandy's ASW until April 9. If I'm going to hold out hope for Cornell to increase the $$, I need to ask them first, but how? I cannot think of any appeal other than, "I'm poor, you're expensive, and that's a level of debt I can't swallow." Vandy is still an interesting offer, but I want to visit before I make a commitment either way. Is there any harm in asking for an increase based on Cornell's offer? Or should I just straight up ask Davis for full tuition and hope for the best?
Please help me get my thoughts in order. I'm really not sure how to proceed. Thank you.
Still waiting to hear back from:
Harvard (expected rejection)
U Chicago (expected rejection)
UVA (expected WL/rejection)
NYU (expected WL/rejection)
Waitlisted at:
Northwestern
Georgetown
U Penn
UCLA
Duke
Columbia
Rejected from:
Berkeley
Offered admission from:
Cornell - $120,000 scholarship (top choice)
Vanderbilt - $125,000 scholarship (offer stated explicitly that it is not their policy to "compete" with awards from other schools)
UC Davis - $120,000 scholarship + ~$30,000 need-based grants (estimated by them) (safe choice)
I'm a California resident and Davis is pretty close, so I wouldn't have to move if I chose it, but I'm no stranger to moving somewhere completely new by myself, and Nashville and Ithaca are exciting prospects. I know I would love Ithaca, and I'm going to Vandy's ASW in two weeks. Using the Cost Comparison spreadsheet I found on these boards, I came up with these estimates for total debt at repayment, given the initial scholarship offers:
Cornell ~ $157,000 debt
Vanderbilt - $116,000 debt
UC Davis - $36,000 debt
If Davis were to up their scholarship offer to full tuition, the need-based grants would cover most of my living expenses, and I could end up with only ~$5000 in loans at repayment. I would prefer to attend Cornell, but I would absolutely take Davis on for a full tuition scholarship.
About Cornell: Unless any of my other schools (see above) magically admit me with $$$ or un-waitlist me with $$$, Cornell is the best school to offer me anything, so I don't have much leverage to encourage them to increase their offer, and unless I can convince them to increase the offer by ~$45,000, I'm thinking I may just have to cut my losses and go with the least debt at Davis. I cannot rationalize going into that much debt for my dream school.
Here are my questions: Davis' first seat deposit is due April 15, and I don't get back from Vandy's ASW until April 9. If I'm going to hold out hope for Cornell to increase the $$, I need to ask them first, but how? I cannot think of any appeal other than, "I'm poor, you're expensive, and that's a level of debt I can't swallow." Vandy is still an interesting offer, but I want to visit before I make a commitment either way. Is there any harm in asking for an increase based on Cornell's offer? Or should I just straight up ask Davis for full tuition and hope for the best?
Please help me get my thoughts in order. I'm really not sure how to proceed. Thank you.