How to reneg a merit-based scholarship
Hello monkeys,
I am lucky enough to receive an offer for a US MSc in Management with a $13000 merit-based scholarship. Unfortunately, my financial situation requires me to reneg for a higher scholarship, as I have exhausted lending options and family support.
How do you write an email/letter to reneg this? As it is a merit-based scholarship, I think I should talk about my merits, but I'm not sure what the focus should be.
If you guys could please let me pick your brain for areas I should portray myself in and also ideas that would convince the admission, I would be very grateful.
Many thanks in advance!
Some info about my case for your consideration:
- Tuition fee: $51000
- Estimated Cost of Attendance (inc tuition fee): $65000
- Current scholarship: $13000
- Can borrow: $32000
- Desired scholarship: as high as possible to reduce financial burden post-grad
My background:
- International (Asian, not Chinese, Indian)
- GMAT: 740, Q51, V40
- BSc GPA: 3.2/4; MSc GPA: 3.88/4 (both in biomedical sciences, top 10 UK uni)
- Work exp: varied
+ 1 year: teaching English
+ 1 year: recruiting, organising and operating at a Thai startup accelerator
+ 6 months: working at various laboratory jobs
+ ~3 years: working 50 hrs/week as a waiter in restaurants
+ ~1 year: volunteering at hospitals & primary school
- Career aim post-degree: Consulting at MBB
