Are scholarship offers negotiable?

marylandhome
Thu, 06 Feb 2014 16:11:09 +0000

I am new to the process so I have a few questions. I suspect my son is likely to receive a Presidential scholarshiop and has a slim chance at the Banneker Key, based on the research I’ve done on this website. I also suspect he will be accepted to Cornell, so we may have a difficult decision to make. We are in-state Maryland.

When UMCP makes scholarship offers, I’m sure they realize that not everyone will accept. Some will go to better schools or schools that made better financial offers. So I imagine there is a fair amount of guesswork when they are deciding how much and to whom to make sholarship offers.

If it turns out they have money left over because of this, will they consider increasing their offers, or making offers to those whow ere left out the first round? Can a parent call and try to negotiate a better offer by comparing offers from other schools?

Thanks!