Will sending a seat deposit help my financial aid package? Forum

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freebird

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Will sending a seat deposit help my financial aid package?

Post by freebird » Thu Feb 18, 2010 5:55 pm

I am contemplating sending my seat deposit to BU sooner rather than later in hopes that it will help with financial aid. I still have a few schools to hear from, but judging by my cycle so far I think they will be mostly WLs and rejections. If I do get into a better school I am willing to forgo the deposit, but I do not want to do this prematurely if it won't make a difference.

Thoughts on whether or not this would be helpful?

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RadMobile

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Re: Will sending a seat deposit help my financial aid package?

Post by RadMobile » Thu Feb 18, 2010 6:06 pm

Great question, I've been wondering this as well.

janer

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Re: Will sending a seat deposit help my financial aid package?

Post by janer » Thu Feb 18, 2010 6:09 pm

Don't know why it would help. If anything, I think it would hurt your financial aid offer because you've already committed to going to the school.

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BruceBarr

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Re: Will sending a seat deposit help my financial aid package?

Post by BruceBarr » Thu Feb 18, 2010 6:10 pm

janer wrote:Don't know why it would help. If anything, I think it would hurt your financial aid offer because you've already committed to going to the school.
Bad answer. Don't know if it will help, but definitely won't hurt.

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RadMobile

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Re: Will sending a seat deposit help my financial aid package?

Post by RadMobile » Thu Feb 18, 2010 6:13 pm

janer wrote:Don't know why it would help. If anything, I think it would hurt your financial aid offer because you've already committed to going to the school.
Hmm...I can see how that may be, but on the other hand, perhaps sending in your deposit lets the admission's office know that you are serious about attending.

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janer

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Re: Will sending a seat deposit help my financial aid package?

Post by janer » Thu Feb 18, 2010 6:14 pm

BruceBarr wrote:
janer wrote:Don't know why it would help. If anything, I think it would hurt your financial aid offer because you've already committed to going to the school.
Bad answer. Don't know if it will help, but definitely won't hurt.
How can you say it definitely won't hurt? If you've already put a seat deposit down, the school assumes you're going and they don't need to offer you money to entice you away from other schools.

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mochafury

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Re: Will sending a seat deposit help my financial aid package?

Post by mochafury » Thu Feb 18, 2010 6:15 pm

Will slipping your girlfriend a 20 mean you can convince her she doesn't want an expensive piece of jewelry?

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Jerome

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Re: Will sending a seat deposit help my financial aid package?

Post by Jerome » Thu Feb 18, 2010 6:16 pm

mochafury wrote:Will slipping your girlfriend a 20 mean you can convince her she doesn't want an expensive piece of jewelry?
I wouldn't want that relationship.

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BruceBarr

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Re: Will sending a seat deposit help my financial aid package?

Post by BruceBarr » Thu Feb 18, 2010 10:27 pm

Jerome wrote:
mochafury wrote:Will slipping your girlfriend a 20 mean you can convince her she doesn't want an expensive piece of jewelry?
I wouldn't want that relationship.
Meet my girlfriend.

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im_blue

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Re: Will sending a seat deposit help my financial aid package?

Post by im_blue » Thu Feb 18, 2010 10:29 pm

Terrible idea. They have no incentive to give you money after you've committed to attending, or at least indicated a strong commitment by depositing your money.

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BruceBarr

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Re: Will sending a seat deposit help my financial aid package?

Post by BruceBarr » Thu Feb 18, 2010 10:32 pm

janer wrote:
BruceBarr wrote:
janer wrote:Don't know why it would help. If anything, I think it would hurt your financial aid offer because you've already committed to going to the school.
Bad answer. Don't know if it will help, but definitely won't hurt.
How can you say it definitely won't hurt? If you've already put a seat deposit down, the school assumes you're going and they don't need to offer you money to entice you away from other schools.
We're talking financial aid, not scholarships... right? I don't believe thats how financial aid works. You have the right idea if we are talking scholarships....

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im_blue

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Re: Will sending a seat deposit help my financial aid package?

Post by im_blue » Thu Feb 18, 2010 10:49 pm

BruceBarr wrote:
janer wrote:
BruceBarr wrote:
janer wrote:Don't know why it would help. If anything, I think it would hurt your financial aid offer because you've already committed to going to the school.
Bad answer. Don't know if it will help, but definitely won't hurt.
How can you say it definitely won't hurt? If you've already put a seat deposit down, the school assumes you're going and they don't need to offer you money to entice you away from other schools.
We're talking financial aid, not scholarships... right? I don't believe thats how financial aid works. You have the right idea if we are talking scholarships....
Financial aid is pretty much limited to scholarships for most law schools.

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BruceBarr

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Re: Will sending a seat deposit help my financial aid package?

Post by BruceBarr » Thu Feb 18, 2010 10:50 pm

Sorry... when I think financial aid, I think loans. I.e. FASFA.

my bad.

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