Multiple Deposits Forum
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Multiple Deposits
When should one consider doing multiple deposits? And can it be used as a scholarship negotiating tool?
- ILoveYou
- Posts: 519
- Joined: Thu Jan 29, 2015 3:42 pm
Re: Multiple Deposits
Consider it when you're negotiating with multiple schools who seem likely to budge on the $$ and you're up against deadlines. I wouldn't try to use the fact that you deposited elsewhere as a negotiating tool. Just let schools know that you're still considering the financial burden of attendance and that reconsidering your aid offer would impact your decision. I'd maybe use it in negotiating if you have it down to two schools and you aren't getting the response you want because at that point why not.
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Re: Multiple Deposits
That's actually exactly where I'm at right now...sounds like it's the move to makeILoveYou wrote:Consider it when you're negotiating with multiple schools who seem likely to budge on the $$ and you're up against deadlines. I wouldn't try to use the fact that you deposited elsewhere as a negotiating tool. Just let schools know that you're still considering the financial burden of attendance and that reconsidering your aid offer would impact your decision. I'd maybe use it in negotiating if you have it down to two schools and you aren't getting the response you want because at that point why not.
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- Joined: Tue Apr 04, 2017 7:33 pm
Re: Multiple Deposits
Only thing that makes me antsy is spending an extra $500 on something that may not work...gotta try though
- ILoveYou
- Posts: 519
- Joined: Thu Jan 29, 2015 3:42 pm
Re: Multiple Deposits
I hear ya. Then my advice is to indicate you've deposited at school X and they are more financially feasible and ask if there is anything school Y can do to make cost of attendance comparable. Best of luck.carsondalywashere wrote:Only thing that makes me antsy is spending an extra $500 on something that may not work...gotta try though
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- Posts: 657
- Joined: Tue Apr 04, 2017 7:33 pm
Re: Multiple Deposits
It's probably worth the risk. Even a $1,000 increase in scholarship would make the other deposit worth it in theoryILoveYou wrote:I hear ya. Then my advice is to indicate you've deposited at school X and they are more financially feasible and ask if there is anything school Y can do to make cost of attendance comparable. Best of luck.carsondalywashere wrote:Only thing that makes me antsy is spending an extra $500 on something that may not work...gotta try though
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