Putting down multiple deposits is responsible and smart!!!!

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ChubbyBunny

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If you have multiple acceptances and you are not sure which school you want to go to most, or you could see your self at multiple schools, put a deposit down.

You never know which schools will give you a scholarship within the next 1-3 months. Imagine if you had your number 1 and 2 choices, or multiple schools tied for #1, and then withdrew from your #2, or other number 1's not knowing that they were just about to offer you a $10-$15K per year scholarship. That is $40-$60k saved over 4 years and when you factor in interest over 30 years that number would jump to ~$80-$120K. That is some serious DOUGH.

If that kinda money wouldn't impact your decision then withdraw, but don't withdraw just because others want you to, because you may disqualify yourself from 120K.

A 200-1000K deposit to eat may be well worth the immediate cost!
 
If you have multiple acceptances and you are not sure which school you want to go to most, or you could see your self at multiple schools, put a deposit down.

You never know which schools will give you a scholarship within the next 1-3 months. Imagine if you had your number 1 and 2 choices, or multiple schools tied for #1, and then withdrew from your #2, or other number 1's not knowing that they were just about to offer you a $10-$15K per year scholarship. That is $40-$60k saved over 4 years and when you factor in interest over 30 years that number would jump to ~$80-$120K. That is some serious DOUGH.

If that kinda money wouldn't impact your decision then withdraw, but don't withdraw just because others want you to, because you may disqualify yourself from 120K.

A 200-1000K deposit to eat may be well worth the immediate cost!

which schools that you know of offer scholarships?
 
which schools that you know of offer scholarships?

I was gonna say, sounds good in theory--if scholarships of that magnitude are common in dental schools. Unfortunately, they're not. Only one I really know of is Penn's Dean's Scholarship.
 
I thought there was a penalty for putting down multiple deposits.

Am I incorrect?
 
I agree with the above. I mean, I'm not saying this to push you guys that have multiple acceptances to just choose one, but the chances of getting a scholarship is very unlikely.

It's just courtesy to choose your number 1 and maybe put down a deposit for your number 2 school just in case, but I don't see the point in sending in 4-7 (or however many) deposits. Unless you're like a 3.9+ with a 24+ DAT, the chances of getting a scholarship is slim (UCSF and UNLV said they had very few $1000-2000 scholarships at most).
 
if you cant figure out which school to go to in 30 days, you probably won't figure it out by next summer. don't put down numerous deposits. like above poster said, dental scholarships aren't nearly as common as undergrad anyway
 
I agree with the above. I mean, I'm not saying this to push you guys that have multiple acceptances to just choose one, but the chances of getting a scholarship is very unlikely.

It's just courtesy to choose your number 1 and maybe put down a deposit for your number 2 school just in case, but I don't see the point in sending in 4-7 (or however many) deposits. Unless you're like a 3.9+ with a 24+ DAT, the chances of getting a scholarship is slim (UCSF and UNLV said they had very few $1000-2000 scholarships at most).

I totally agree. There's virtually no scholarships, but there's a ton of other deserving students out there who would really like your spot. 'Tis the season of giving, right? 🙂
 
Thanks, Doc. Great post as usual.

IMO, all schools should have non-refundable $1000+ deposits (saw some that don't). Heck, might as well make it a $2000 deposit (since it goes toward tuition anyway). It'll speed everything up and decrease those people making multiple deposits at multiple schools...
 
I agree with the above. I mean, I'm not saying this to push you guys that have multiple acceptances to just choose one, but the chances of getting a scholarship is very unlikely.

It's just courtesy to choose your number 1 and maybe put down a deposit for your number 2 school just in case, but I don't see the point in sending in 4-7 (or however many) deposits. Unless you're like a 3.9+ with a 24+ DAT, the chances of getting a scholarship is slim (UCSF and UNLV said they had very few $1000-2000 scholarships at most).

you heard back from ucsf already?
 
To the unfortunate who didnt get an acceptance today, I know it must be a very tough day for you guys but honestly, trying to convince people to reject schools on the 1st is a douche and futile move. Nothing you can say or do will sway people to reject schools. Let the accepted rejoice and be happy. The best thing you can do for yourselves right now is log off sdn cause reading more of this "I got accepted" crap will not help you in anyway other than make you feel like crap.
 
To the unfortunate who didnt get an acceptance today, I know it must be a very tough day for you guys but honestly, trying to convince people to reject schools on the 1st is a douche and futile move. Nothing you can say or do will sway people to reject schools. Let the accepted rejoice and be happy. The best thing you can do for yourselves right now is log off sdn cause reading more of this "I got accepted" crap will not help you in anyway other than make you feel like crap.

Well, I'm happy for those who received multiple acceptances; it was the result of a lot of hard work, sweat, and tears. Kudos to you all!

And I'm not saying to reject/withdraw acceptances TODAY. The OP is talking about making deposits at multiple schools until s/he gets a scholarship (which could very much mean they'll hold the spot until a few weeks before d-school starts). Take your time (hopefully 1-2 weeks) and choose your top 2 and make deposits there. You have 30-45 days after all. I think someone else said it best: if you don't know which school is best after 1-2 weeks of sleeping/researching on it, you probably won't know a few months later. It's not like the websites are going to magically change and update something that will change your mind of your number 1 or number 2 school.

So please don't put down 4-7 deposits and stall the process for the rest of us. I'm pretty sure you guys all have a number 1 and number 2 school in mind already, so give the rest of us a break and let acceptances 3-10 expire without your deposits (also, withdraw your apps from the schools you have yet to interview at to speed things up)... Much appreciated. Again, congrats!
 
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you heard back from ucsf already?

Sadly yes. Got rejected from them 🙁. I'm thinking if you made it past the Dec 1st mark, you'll either get an acceptance or waitlisted. Best of luck 🙂
 
Many of the school I applied to and 2 of the schools I was accepted at give scholarships in the 10-20K range.

To name a few:

Michigan (10'ish)
Iowa (quite a few 20'ish)
Marquette (quite a few)
Louisville (low #)
 
So please don't put down 4-7 deposits and stall the process for the rest of us. I'm pretty sure you guys all have a number 1 and number 2 school in mind already, so give the rest of us a break and let acceptances 3-10 expire without your deposits (also, withdraw your apps from the schools you have yet to interview at to speed things up)... Much appreciated. Again, congrats!

I want to meet this hypothetical person that has $10k to burn--even after going through an expensive application cycle, interviews, etc.--and uses it to tie up spots at multiple schools just for ****s and giggles...HINT: there probably isn't one.

If you have a set of schools you were lucky enough to get into and feel that putting down ~$1k at more than one of them to see if you can snag some scholarships is a worthwhile bet, that is ENTIRELY YOUR PREROGATIVE. We're all on the same team here, and telling people with acceptances to "take yours and get out of line" is simply rude...especially on the 1st guys. Come on. I'm thankful to have had good news today, and congratulations to everyone! To those waiting, this is still a rolling admissions process and this is only day 1. Keep your head up and don't get discouraged.
 
no, putting down multiple deposits IS NOT RESPONSIBLE OR SMART!

My school didn't give out any scholarships until AFTER we started the semester. I was one of the top 10 incoming applicants, and they gave us 10 a nice little lunch banquet and $1000. This was well into September and we started classes Aug 13.

Dental Schools don't have all this money to throw at you to lure you to come to their school. They have the upper hand. If you are not sure that you want to go to their school, they have about 30 people that would love your spot. So, they don't care about giving you money. You are just making waitlisted applicants suffer needlessly by holding onto all multiple spots just to make yourself feel worthy and awesome, like Scrooge McDuck and swimming in his vault of cash, but never spending any of it.

You're just selfish and hoarding.

Take a month, think it through about which school you want to go to, and then open up the other spots for the other applicants. That's the responsible thing to do.
 
It was far from my intention to be rude or mean to anyone; sorry if it was taken that way. I don't want to argue over this...I just said that there are other people who would like a spot, too. I got accepted today, and I wouldn't have really thought about withdrawing at the other schools that weren't my top choices. Seeing these threads on SDN about people asking others to give up their unwanted spots was the reason I decided to withdraw. (And not put down unnecessary multiple deposits.)

Of course, congratulations to everyone who got an acceptance! 🙂 You worked hard for it and deserve it!! It's just that there are others out there too who would benefit from you giving up one of your schools. It doesn't have to be now--no way--but just put yourself in their shoes. 🙂
 
no, putting down multiple deposits IS NOT RESPONSIBLE OR SMART!

My school didn't give out any scholarships until AFTER we started the semester. I was one of the top 10 incoming applicants, and they gave us 10 a nice little lunch banquet and $1000. This was well into September and we started classes Aug 13.

Dental Schools don't have all this money to throw at you to lure you to come to their school. They have the upper hand. If you are not sure that you want to go to their school, they have about 30 people that would love your spot. So, they don't care about giving you money. You are just making waitlisted applicants suffer needlessly by holding onto all multiple spots just to make yourself feel worthy and awesome, like Scrooge McDuck and swimming in his vault of cash, but never spending any of it.

You're just selfish and hoarding.

Take a month, think it through about which school you want to go to, and then open up the other spots for the other applicants. That's the responsible thing to do.

👍

As for gigawatt, I was trying to emphasize and get the point across. Of course no one would be foolish enough to hold 10 spots for $10,000 (assuming they are all $1000 deposits) just to try to snag a scholarship. But as the OP just stated in her second post, it seems s/he might hold on to 4.

My point is 1) there are few scholarships with such high amounts, 2) it's unlikely you'll get it unless you're in the super echelon of the matriculating class, and 3) it IS selfish to hold on to multiple spots. I'm not saying it's not you're PREROGATIVE to do so, I'm saying it's almost pointless, wasteful, and inconsiderate to do so.

If I find time tomorrow, I will call the financial aid offices and inquiry about those 4 schools the OP listed to ask how many scholarships they have, the amount, and the GPA/DAT range to receive them. That should tell us who's on the winning side of this argument. Only way to know for sure 🙂
 
I never once said that Dental schools are giving this money from their budgets, but what about private donors that want to give back? Like dentists that are loaded and want to help others get through dental school! I happen to Know that Iowa gives 20 of its 23 OOS applicants ~15K per year in order to off set out of state tuition costs. These scholarships at Iowa are mainly needs based though.

I also know that Marquette give out ~ 10, 10K tuition scholarships per year (as my friend recieved one last year) and because they told me this in the interview. Marquette has quite a few other scholarships as well and all of these scholarships are from private donors!

PEOPLE DO SET UP SCHOLARSHIPS TO GIVE BACK! Think about it it makes sense!

JUST BECAUSE YOU NEVER GOT A SCHOLARSHIP DOESN'T MEAN THEY'RE NOT AVAILABLE!!!!
 
Many of the school I applied to and 2 of the schools I was accepted at give scholarships in the 10-20K range.

To name a few:

Michigan (10'ish)
Iowa (quite a few 20'ish)
Marquette (quite a few)
Louisville (low #)
do you apply or are they automatically awarded?
 
I agree with the above. I mean, I'm not saying this to push you guys that have multiple acceptances to just choose one, but the chances of getting a scholarship is very unlikely.

It's just courtesy to choose your number 1 and maybe put down a deposit for your number 2 school just in case, but I don't see the point in sending in 4-7 (or however many) deposits. Unless you're like a 3.9+ with a 24+ DAT, the chances of getting a scholarship is slim (UCSF and UNLV said they had very few $1000-2000 scholarships at most).

*one of those school's Dean's Scholarship = $50,000, but there's only 1-2 a year.
 
i got a very hefty scholarship offer with one of my acceptances so they are out there...

i am still going to reject the schools i dont want to go to right off the bat. good luck to everyone.
 
i got a very hefty scholarship offer with one of my acceptances so they are out there...

i am still going to reject the schools i dont want to go to right off the bat. good luck to everyone.

Can I ask which school gave you scholarship along with the acceptance offer?

Well, I think if that happens more often than getting a scholarship AFTER putting down the deposit, it saves both the money for deposits and the above arguments.
🙂
 
I unfortunately had to put down 2 deposits because of residency issues. I tried for a month to find out whether or not id be considered instate or out of state only to find out I have to wait for the official decision in Feb. So i put in another deposit at a school I liked as well in the event that my residency falls through.

I think there are some situations like this where putting in multiple deposits is smart, but for the majority of people that dont move around every few years and know definitely their residency status I think holding out for scholarships might not be a bad idea but only at 1 additional school.
 
If you have multiple acceptances and you are not sure which school you want to go to most, or you could see your self at multiple schools, put a deposit down.

You never know which schools will give you a scholarship within the next 1-3 months. Imagine if you had your number 1 and 2 choices, or multiple schools tied for #1, and then withdrew from your #2, or other number 1's not knowing that they were just about to offer you a $10-$15K per year scholarship. That is $40-$60k saved over 4 years and when you factor in interest over 30 years that number would jump to ~$80-$120K. That is some serious DOUGH.

If that kinda money wouldn't impact your decision then withdraw, but don't withdraw just because others want you to, because you may disqualify yourself from 120K.

A 200-1000K deposit to eat may be well worth the immediate cost!

I think thats a false statement, schools usually tell you if you've been offered a scholarship in the original acceptance letter. I would simply put down 1 deposit and then take it from there. If you get accepted elsewhere later and you choose to go to that school thats one thing, but to put down more than 1 deposit is pretty good waste of $$$ if you ask me.
 
I would put down no more than 2 deposits. First of all, every school has different pre-matriculation requirements, would you really want to go through all of them for every school? Secondly, it's expensive. Thirdly, it's a courtesy to other people who want acceptances.

I am putting down multiple deposits simply because I am waiting for the decision on the navy scholarship!
 
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