Waitlisted at my top choice, but accepted elsewhere

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chendawg: Master | Next Rank: 500 Posts; Posts: 163; Joined: Tue Nov 24, 2009 7:56 amFollowed by: 4 members; Location: Philadelphia; Thanked: 13 times; GMAT Score:660

by chendawg » Wed Apr 18, 2012 12:29 pm

To make a long story short, I am waitlisted at my top school, but I was accepted at my second choice. The admissions committee member whom I had been in contact with told me that I would hear a decision by late April; I need to let my second choice school know my decision by 4/28.

Would it be okay if I contact the admissions committee member and let them know my situation and ask for a decision or what are my other options? Thanks in advance!

I'm not bipolar...I'm bi-winning!!

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wmalum2006: Senior | Next Rank: 100 Posts; Posts: 39; Joined: Mon Aug 08, 2011 10:28 am; Thanked: 2 times; GMAT Score:660

by wmalum2006 » Wed Apr 18, 2012 1:22 pm

I am in a similar position as you, and have been successful in letting the other schools that accepted me delay my deposit deadlines. I wouldn't word it and say that you are waiting for school X explicitly, but say that you are strongly considering the schools that you got into, and that you want to make the best decision possible, but only can do that after all decisions come in.

If that fails, then put down the deposit on the school you like most of the ones who accepted you. If you can somehow break the deposit down to two payments, that could be even better, so if your top choice accepted you, you then are on the hook for less money.

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Jon@Admissionado: Elite Legendary Member; Posts: 3135; Joined: Fri Apr 01, 2011 8:55 amFollowed by: 332 members; Location: Everywhere; Thanked: 589 times

by Jon@Admissionado » Thu Apr 19, 2012 4:53 am

Awesome advice! I totally agree. And don't worry about it... Adcoms can be very understanding about it. And if not, you just take the risk with your deposit.

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chendawg: Master | Next Rank: 500 Posts; Posts: 163; Joined: Tue Nov 24, 2009 7:56 amFollowed by: 4 members; Location: Philadelphia; Thanked: 13 times; GMAT Score:660

by chendawg » Thu Apr 19, 2012 5:02 am

So how kosher is it to break a commitment to a school? I guess I definitely feel "dirty" submitting my deposit and saying yes at one school, only to say no if the top choice says I'm in lol. I'm assuming people do this all the time?

I'm not bipolar...I'm bi-winning!!

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wmalum2006: Senior | Next Rank: 100 Posts; Posts: 39; Joined: Mon Aug 08, 2011 10:28 am; Thanked: 2 times; GMAT Score:660

by wmalum2006 » Thu Apr 19, 2012 7:28 am

People do that all the time to every type of school out there. You have to do what's best for you.

But to add some realism, if you are on the waitlist for any school, you statistically don't have much of a chance getting accepted, and that includes me, so you also want to really dig in and learn about the other schools that have welcomed you with open arms.

Either way with the money, delay it as long as you can, and more schools are likely to work with you than it seems.

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archimedes2014: Newbie | Next Rank: 10 Posts; Posts: 2; Joined: Thu Jun 28, 2012 1:10 pm

by archimedes2014 » Fri Jun 29, 2012 8:39 am

I'm in a similar position. I learned of two acceptances about a month ago at two of my top choices (top 5 schools) but I have already paid my deposit to a top 30 school (w/ full scholarship).

At the same time, I'm not sure if I can even afford to attend my top choices now that I really dig deep down into how much it'll cost (will need more than just loans to pull it off).

So I'm tempted to keep the top 30 school a little while longer until I'm 100% sure I will not be attending it. But then it's almost July. My full scholarship at the top 30 could go to someone else who really needs it. And I feel bad for not letting that happen.

What will the top 30 school think when I call them just a few weeks before orientation to tell them I'm not coming? I understand they will keep my deposit, but I feel like I'm betraying them.

I suppose I can technically delay telling them that I'm not coming all the way until the day before orientation, right? But what's appropriate, more of a norm? I'm sure there are others accepted off of waitlists in the middle of the summer and then don't go to other schools they've paid deposits to, right? But they may not be hogging a scholarship all along which no one will end up getting because of their delayed notice to the school they are rejecting.

Any advice?

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Jon@Admissionado: Elite Legendary Member; Posts: 3135; Joined: Fri Apr 01, 2011 8:55 amFollowed by: 332 members; Location: Everywhere; Thanked: 589 times

by Jon@Admissionado » Mon Jul 02, 2012 3:04 am

Of course you need to let them know as soon as you can, and I think that for what is most appropriate is to take into consideration others' situation as much as you can (and it seems that you are). But, at the same time things happen. You get waitlisted and you are thus not in a position where you are able to decide. And ultimately you need to do what is right for you and your life. A school will not collapse because of one student making a different decision, but your life will be affected by the littlest change. And that is why deposits exist, first of all to try and raise the cost of making the decision to withdraw your acceptance, and secondly to allow you to do so in an ethical manner (i.e. by adding a cost to it).

my 2 bits...

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youngjames: Senior | Next Rank: 100 Posts; Posts: 44; Joined: Tue Jun 19, 2012 6:45 amFollowed by: 2 members; Location: Bay Area, California; Thanked: 16 times

by youngjames » Mon Jul 02, 2012 4:41 am

i agree with all the advice given so far. the schools will all be fine even if you decide at the last second to attend someplace different. life happens, and the adcoms understand it. the only real consideration (IMO) is to the sooner you make your decision, the sooner the schools where you've been accepted can start admitting people off THEIR waitlists, so it's more of a consideration factor than anything else. if you can exclude certain schools (sounds like you were accepted to more than one?), then as a courtesy to others, you could let them know sooner v later. that would allow them to start notifying their own wait listed candidates.

hope that's helpful,
-james young

www.TheFirstRead.com
A new approach to MBA Admissions consulting

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archimedes2014: Newbie | Next Rank: 10 Posts; Posts: 2; Joined: Thu Jun 28, 2012 1:10 pm

by archimedes2014 » Mon Jul 02, 2012 8:27 am

Thanks guys.

I'm rapidly trying to solve this financial aid problem and as soon as I have any reasonable degree of clarity on that I'll let the other school know.

I've estimated that the total cost difference between the top 30 school with full scholarship and the top 5 school that I want to go (w/ no scholarship) will be almost $160,000. That's more of a difference than most other students would have due to some other special circumstances. I feel that it's worth paying an "extra" $160k for the top 5 school vs the top 30, but the problem is trying to finance that somehow. But that's a different discussion all together. The only reason I'm mentioning it here is because that's what is causing the delay in my decision-making.

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