Law School Discussion

$850 Deposit???

SleepyGuyYawn

$850 Deposit???
« on: February 14, 2005, 08:59:13 AM »
Did anyone else have a school ask for such a steep deposit?  Hofstra asked for $850 in April...

Was it b/c they offered me a scholarship (10k?) or is this just their standard deposit?

If it's just their standard deposit, I think it's nuts.  It may even be against ABA or AALS regulations for admissions policies (I'd have to check). 
 
In any case, I'm going to Pitt I think, so it's not a huge deal.  I'm just interested in seeing if this is normal.

Re: $850 Deposit???
« Reply #1 on: February 14, 2005, 09:02:30 AM »
I got accepted there last year and they also asked then for an $850 deposit. I received a scholarship (~$20K/year) too so that may be the correlating factor.

Re: $850 Deposit???
« Reply #2 on: February 14, 2005, 09:50:38 AM »
I didn't get a scholarship and the deposit is still $850- Oh well, I'm not going there anyway, but I thought that the deposit would have been hard to come up with if I was going to go there

LaneSwerver

Re: $850 Deposit???
« Reply #3 on: February 14, 2005, 09:55:58 AM »
Maybe you can barter with them. Offer them goats.

SleepyGuyYawn

Re: $850 Deposit???
« Reply #4 on: February 14, 2005, 09:58:13 AM »
Okay, so it's not just the scholarship thing. 

$850 is nuts!  You shouldn't have to take out a loan (or give up your favorite goat) to cover your LS Deposit.

giffy

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Re: $850 Deposit???
« Reply #5 on: February 14, 2005, 10:16:28 AM »
Probably to discourage people from placing a deposit then accepting a WL acceptance somewhere else.

SleepyGuyYawn

Re: $850 Deposit???
« Reply #6 on: February 14, 2005, 10:28:01 AM »
I'm sure that's why they do it, but I'd have to question the wisdom of it. 

Re: $850 Deposit???
« Reply #7 on: February 14, 2005, 11:06:01 AM »
I think American asks for $700.  I've noticed though that they don't say it's "non-refundable" whereas many schools do.  Check if Hofstra says "non-refundable $850 deposit" --if not, then call admissions and ask if it is or isn't.

Re: $850 Deposit???
« Reply #8 on: February 14, 2005, 11:22:47 AM »
oh, sorry to hear to that.  And Hofstra is $850 down for the 1st deposit??!  Or altogether?

SleepyGuyYawn

Re: $850 Deposit???
« Reply #9 on: February 14, 2005, 12:14:26 PM »
From the American Association of Law School's (AALS) Regulations (http://www.aals.org/ecr/)

I added the underlines.

6-2.4 Conditions of Admission.  A member school may not distort an applicant’s choice of school by requiring an early response or a deposit beyond that necessary to protect the school and other applicants’ opportunities for admission or financial aid.

So what does this mean... can it be interpreted to mean that an $850 April deposit is unreasonable?