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Asked to negotiate merit aid - now what do I do?!

Posted: Sat Mar 23, 2013 11:45 am
by kdb
Hi everybody,

Using recent acceptances and scholarships, I emailed two law schools asking for my merit aid to be reconsidered (in both cases, I had received a full ride from a higher ranked school). One school told me that they had already given me their highest merit award (but I have heard from current students at the school that full rides are awarded to some - I would never cite that anecdote in an email, but this is just to say I'm not sure they necessarily can't negotiate, they may just be unwilling to with me). The other school offered me a higher scholarship.

I'm looking for advice on how to respond to both these emails in a polite, noncommittal way- one to a rejection of additional merit aid, and one to an increase in merit aid. I am still waiting to hear from law schools regarding acceptances and scholarships, so I'm by no means ready to commit to a particular school! I would like to keep the door open to continue negotiations at a later point when I hear back from other schools.

I would appreciate advice anyone has on this! Negotiating merit aid is a tricky road to navigate, I want to make sure to do it right!

Re: Asked to negotiate merit aid - now what do I do?!

Posted: Sat Mar 23, 2013 2:04 pm
by BigZuck
kdb wrote:Hi everybody,

Using recent acceptances and scholarships, I emailed two law schools asking for my merit aid to be reconsidered (in both cases, I had received a full ride from a higher ranked school). One school told me that they had already given me their highest merit award (but I have heard from current students at the school that full rides are awarded to some - I would never cite that anecdote in an email, but this is just to say I'm not sure they necessarily can't negotiate, they may just be unwilling to with me). The other school offered me a higher scholarship.

I'm looking for advice on how to respond to both these emails in a polite, noncommittal way- one to a rejection of additional merit aid, and one to an increase in merit aid. I am still waiting to hear from law schools regarding acceptances and scholarships, so I'm by no means ready to commit to a particular school! I would like to keep the door open to continue negotiations at a later point when I hear back from other schools.

I would appreciate advice anyone has on this! Negotiating merit aid is a tricky road to navigate, I want to make sure to do it right!
What are the specific schools in question?

Re: Asked to negotiate merit aid - now what do I do?!

Posted: Sat Mar 23, 2013 2:12 pm
by guano
Keep in mind that a school may have a set limit of full scholarships and that these might be used for a specific purpose (for example, to maximize geographic dispersion of alumni), so while it might not be technically true, practically that might be the maximum

Re: Asked to negotiate merit aid - now what do I do?!

Posted: Mon Mar 25, 2013 11:11 am
by bp shinners
kdb wrote:I would appreciate advice anyone has on this! Negotiating merit aid is a tricky road to navigate, I want to make sure to do it right!
If you've received a higher scholarship to a better ranked school, I would just cut your "losses" at the schools that are refusing to deal and letting them know you won't be attending. If they're playing hardball, there's no way they're going to radically alter their minds enough to end up beating that better-ranked school's scholarship by an appreciable amount. And the people on the waitlist would certainly appreciate you taking yourself out of the equation, since it's unlikely that you'll end up enrolling there.

To the places that have offered you a larger scholarship, just send them an e-mail thanking them for their reconsideration, and let them know that it has definitely affected your decision, but you still need to weigh all your options.

You have to remember their perspective - as much as it might sting, they're not waiting by the mail with bated breath for your seat deposit/letter of intent to enroll. They've got thousands of students like you out there, so as long as you're polite, you won't offend anyone by being honest.