This happens a lot.
You got into a couple schools (YAY! 🙂 ).
One of them offered a chunk of change in addition to the admit (SUPER YAY! 😀 ).
But you really prefer one of your other schools that didn’t offer you squat (NOT YAY. 🙁 ).
Sometimes the money makes a difference.
But often, the money on offer, in the big picture, shouldn’t make quite as much of a difference in your decision-making on which school as you might be thinking.
We have a gazillion posts on this in the blahg category Deciding on a school (multiple offers) and we invite you to go through all of them. They’re actually kinda fun reading.
We also talk through these scenarios in our Accepted Student’s Guide in case you want more discussion of this and other very important issues now that you’ve made it in and are trying to figure things out for the rest of your life.
What we invite you to is reality.
In the end, an extra $30k is not really that important, when you look at the big chunk of investment.
This is purely the ‘Snark’s opinion and it’s totally valid if you feel otherwise!! But the perspective of, say, 5 years out from the MBA… The extra $30k does not seem like much.
If the school that you don’t love as much, that’s offering you some money, is in a higher-cost-of-living city…. then it’s a wash.
If the school that you don’t love as much is in a more remote location, where it’ll take longer and/or be more expensive for you to fly home from… that too may make it a wash. Especially if you’re coming from outside the U.S. Have you priced out flights to get from your parents’ house to where this program is located, and compared it to the cost of flying from the place where the other school is? You’re going to be making that flight at least two or three times if not more during the duration of your two-year MBA studies.
These are real-world questions to look at, if you’re feeling swayed by a little bit of scholarship money, yet it’s not a school you want to choose anyway.
We always feel that BSers should go with their hearts.
You got into multiple schools.
You’re really only excited about one.
Doesn’t matter what anyone else says.
Go to that school.
It’s your life. Your decision. You’re the only one who has to live it.
You will not remember the scholarship money later if you turn it down. Bschool is going to be expensive with or without a little financial aid help.
Obviously if it’s a full-ride then that can change the picture — but even then, we have trouble recommending that a BSer choose a school that they don’t love over one that they do.
There are reasons tugging you in the direction you’re pulled in. You may not know what they are, but one day, you’ll find out.
Mostly though, we say you cannot make a mistake.
If you end up with an abundance of riches such as getting admitted to more than one school is, don’t worry.
The decision may be absolute torment. But there’s literally no way you can choose wrong.
Still not feeling sure? Hit us up for the Private Consult with EssaySnark to lay out your options and let us know what we think about the choice that you’re facing!!