Is Penn worth the ED?
Posted: Fri Jul 06, 2012 12:51 am
Multiple Retake - Cancel/164/171
GPA 3.62
1 year WE
LSP puts me at 50%
GPA 3.62
1 year WE
LSP puts me at 50%
Law School Discussion Forums
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https://www.top-law-schools.com/forums/viewtopic.php?f=2&t=188629
Yeah. Some schools claim to still give schollys to EDers, but there is really no incentive for these schools to give scholly money. Only school I've ever heard of giving EDers scholly money is Michigan. Penn still gives need-based aid to EDers (although need-based tends not to be very substantial).bobbyflayed wrote:Does EDing ruin all chances of scholly money?
is it possible to get scholly money from Penn in RD?ajaxconstructions wrote:Yeah. You don't really have a shot at any of the CCN. You might however get some $ at a lower T14 but your GPA isn't really high enough for a significant amount.
JamMasterJ wrote:ED Penn is probably the best scenario for you. You won't really get significant money from any school that Penn isn't a hell of a lot better than and you probably won't get into a T6
Cornell's notoriously stingy from what I've heard.bobbyflayed wrote:JamMasterJ wrote:ED Penn is probably the best scenario for you. You won't really get significant money from any school that Penn isn't a hell of a lot better than and you probably won't get into a T6
1.) If my goal is biglaw, would Cornell w/ $$ be better than Penn?
2.) Also, how much money could I get with Cornell?
bobbyflayed wrote:JamMasterJ wrote:ED Penn is probably the best scenario for you. You won't really get significant money from any school that Penn isn't a hell of a lot better than and you probably won't get into a T6
1.) If my goal is biglaw, would Cornell w/ $$ be better than Penn?
2.) Also, how much money could I get with Cornell?
What if your FAFSA EFC is 0? My sister is currently at Penn for undergrad and pays like 2k/year due to need based aid. After EDing to Penn, could I not count on such financial aid? Since they say they cover 100% of need, I would think I'd still be good if I applied ED.KevinP wrote:Yeah. Some schools claim to still give schollys to EDers, but there is really no incentive for these schools to give scholly money. Only school I've ever heard of giving EDers scholly money is Michigan. Penn still gives need-based aid to EDers (although need-based tends not to be very substantial).bobbyflayed wrote:Does EDing ruin all chances of scholly money?
No need based aid for law school.dbw29 wrote:What if your FAFSA EFC is 0? My sister is currently at Penn for undergrad and pays like 2k/year due to need based aid. After EDing to Penn, could I not count on such financial aid? Since they say they cover 100% of need, I would think I'd still be good if I applied ED.KevinP wrote:Yeah. Some schools claim to still give schollys to EDers, but there is really no incentive for these schools to give scholly money. Only school I've ever heard of giving EDers scholly money is Michigan. Penn still gives need-based aid to EDers (although need-based tends not to be very substantial).bobbyflayed wrote:Does EDing ruin all chances of scholly money?
Depends on how much your parents make. If they make anywhere near middle class, you won't get need-based aid. By adopting a policy of looking at parents' incomes, schools can allocate the tiny bit of need-based money they have towards students that typically come from lower SES backgrounds. Even if you are truly poor, don't expect a lot (maybe 20-40k over the course of three years?) because schools don't have a lot of need-based money. The expectation is that you can take out loan money to cover the CoA+Tuition.dbw29 wrote:What if your FAFSA EFC is 0? My sister is currently at Penn for undergrad and pays like 2k/year due to need based aid. After EDing to Penn, could I not count on such financial aid? Since they say they cover 100% of need, I would think I'd still be good if I applied ED.KevinP wrote:Yeah. Some schools claim to still give schollys to EDers, but there is really no incentive for these schools to give scholly money. Only school I've ever heard of giving EDers scholly money is Michigan. Penn still gives need-based aid to EDers (although need-based tends not to be very substantial).bobbyflayed wrote:Does EDing ruin all chances of scholly money?
There is need-based aid, but it's very small, and it's reserved for the truly poor. Almost all law students at elite schools come from relatively well-off SES backgrounds (when parents' income is taken into account), and that's why you rarely hear about need-based aid on TLS. In terms of the most generous, GULC + HYS offer substantial need-aid. Other law schools offer much less (I know of a few people who got 20-40k from a few other T14s in need money, but they were legit poor--single parent household with no income).ajaxconstructions wrote: No need based aid for law school.
yesbobbyflayed wrote:If I ED to Penn and get in, will I still be alotted loans?
thanks.JamMasterJ wrote:yesbobbyflayed wrote:If I ED to Penn and get in, will I still be alotted loans?
This is patently false. You really shouldn't give such advice if you don't know. Penn and Berkeley both give need-based aid up to 20k/year.ajaxconstructions wrote:No need based aid for law school.dbw29 wrote:What if your FAFSA EFC is 0? My sister is currently at Penn for undergrad and pays like 2k/year due to need based aid. After EDing to Penn, could I not count on such financial aid? Since they say they cover 100% of need, I would think I'd still be good if I applied ED.KevinP wrote:Yeah. Some schools claim to still give schollys to EDers, but there is really no incentive for these schools to give scholly money. Only school I've ever heard of giving EDers scholly money is Michigan. Penn still gives need-based aid to EDers (although need-based tends not to be very substantial).bobbyflayed wrote:Does EDing ruin all chances of scholly money?
See above, Berkeley and Penn both give up to 20k a year. I wouldn't call that "small."KevinP wrote: There is need-based aid, but it's very small, and it's reserved for the truly poor. Almost all law students at elite schools come from relatively well-off SES backgrounds (when parents' income is taken into account), and that's why you rarely hear about need-based aid on TLS. In terms of the most generous, GULC + HYS offer substantial need-aid. Other law schools offer much less (I know of a few people who got 20-40k from a few other T14s in need money, but they were legit poor--single parent household with no income).
Small in the aggregate and in relation to merit money. As I said, I knew a few people who got near 40k at some of the T14s outside of GULC/HYS. It's also nowhere near the full rides merit money can get you outside of HYS nor is the pool of money allocated for need aid even close to the pool allocated for merit aid.r6_philly wrote:See above, Berkeley and Penn both give up to 20k a year. I wouldn't call that "small."KevinP wrote: There is need-based aid, but it's very small, and it's reserved for the truly poor. Almost all law students at elite schools come from relatively well-off SES backgrounds (when parents' income is taken into account), and that's why you rarely hear about need-based aid on TLS. In terms of the most generous, GULC + HYS offer substantial need-aid. Other law schools offer much less (I know of a few people who got 20-40k from a few other T14s in need money, but they were legit poor--single parent household with no income).
Is Penn's need based aid based off your parents' income?r6_philly wrote:See above, Berkeley and Penn both give up to 20k a year. I wouldn't call that "small."KevinP wrote: There is need-based aid, but it's very small, and it's reserved for the truly poor. Almost all law students at elite schools come from relatively well-off SES backgrounds (when parents' income is taken into account), and that's why you rarely hear about need-based aid on TLS. In terms of the most generous, GULC + HYS offer substantial need-aid. Other law schools offer much less (I know of a few people who got 20-40k from a few other T14s in need money, but they were legit poor--single parent household with no income).
Wow, ED really makes a massive difference. Penn's YP policy is infuriating. I would be thrilled to go to Penn, but it looks like I'll likely get waitlisted because I don't fall into that little green sliver of 170-172/3.8+ people who practically all get in. I just don't want to go badly enough to ED there and forego a shot at HYS/ $$$ from other T14 schools.KevinP wrote:All applicants on LSN who have 170+/3.4+ and who EDed this cycle: http://penn.lawschoolnumbers.com/applic ... =3&type=jd
EDing to Penn would put you in the virtually autoadmit terrority.
However, if you are asking whether you should ED, the answer would depend on how debt averse you are. Penn has shown to have pretty impressive biglaw placement, even ITE.