Letter from Yeshiva Ferkauf Health Ph.D regarding over acceptance?

Veit

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Ya Ya

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Wow. I'm really sorry to hear that. However, judging by the price tag and the "over acceptance" issue, this might have been a blessing in disguise!
 
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KillerDiller

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Keep in mind that it is 5K per year for three years. So, 15K total over the course of your training. It's true that this is a drop in the bucket compared to the total tuition costs, but in attending an otherwise unfunded program, I would seriously consider taking all the help I could get.
 

Pragma

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Keep in mind that it is 5K per year for three years. So, 15K total over the course of your training. It's true that this is a drop in the bucket compared to the total tuition costs, but in attending an otherwise unfunded program, I would seriously consider taking all the help I could get.

I'd also consider the opportunity cost of the lost year. Since you give up 5 years of your life anyways, is it worth it to wait another year for that meaningful, yet small 5K? You might get a job a year earlier and be on a faster track towards getting a reasonable salary. Or you might find some of your own funding for more money after starting the program.
 

Ollie123

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5k is a miserable offer.

Financially, for that to be worth doing, you would need to have a < 5k difference between your BA salary and your PhD salary. Otherwise, why delay? (and this is coming from someone who is contemplating a 7+1 path). It seems like they are either trying to take advantage of someone who didn't think things through, or someone who was contemplating deferring anyways for personal reasons.

Edit: and KD - from the way its written, I can't tell if the scholarship is renewable or just the loans. I'm also not clear if the renewal would be "guaranteed". Hopefully anyone who does take this would make it a point to clarify before signing.
 
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4410

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5k is a miserable offer.

Financially, for that to be worth doing, you would need to have a < 5k difference between your BA salary and your PhD salary. Otherwise, why delay? (and this is coming from someone who is contemplating a 7+1 path). It seems like they are either trying to take advantage of someone who didn't think things through, or someone who was contemplating deferring anyways for personal reasons.

+1 I agree...it seems that they accept more students with the expectation that some will have to defer a year for personal reasons. It seems somewhat discriminatory to offer a money amount and lower cost loans to students deferring. I think I would be somewhat irritated to be put in this situation, but I know it happens. It use to be the case where funding was not guaranteed or rather it was dependent upon sources that were not guaranteed, as sometimes a student will arrive on campus to discover that their funding was changed so they have to make a decision at that point in time if they want to stay or leave.
 

whyeh

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Will you be able to apply to other schools while holding the deferred acceptance to Yeshiva? I'm asking because the year of waiting seems like a good opportunity to get into a fully funded program.
 

paramour

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Will you be able to apply to other schools while holding the deferred acceptance to Yeshiva? I'm asking because the year of waiting seems like a good opportunity to get into a fully funded program.

^^ This was my first thought. Reapply and see if you get a better offer while you're waiting around in the next year. You already know that you have an offer waiting for you if nothing better comes along. :D
 

Ollie123

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Is it bad that my immediate reaction when I see 4410 has agreed with me is to go check over my post because I assume I must have made a mistake and accidentally said something wildly off the mark from what I intended?
 
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