Do you reward Deans List?

gracello
Sat, 12 Mar 2011 11:01:30 +0000

I opened a CD (matures every year, but so far have not removed money from it) for myself with money I received from HS graduation to help save for living expenses during grad school. My parents thought up the following scheme as grades rewards (unexpected but very welcomed): For equivalent of Dean’s List in a given quarter (3.25+ GPA) they make a contribution to the CD; for “Mom’s List” (3.75+ GPA) the contribution is larger; and for 4.0 in a given quarter (difficult to pull off at UChicago, but have done it a few times) I can pick out one frivolous thing in a shopping excursion. I think the CD idea is really quite clever of my mom–it’s a nice reward for Dean’s List or above but isn’t instant-gratification, and the contributions will be much more useful in the long term than a dinner.