<p>I was admitted off of the NYU Waitlist today. I am ecstatic and really want to attend NYU.</p>
<p>I did not apply for financial aid, as my dad's income is < 300K, and his accountant advised us that filling out a FAFSA would be a waste of time.</p>
<p>HOWEVER: I now realize that some aid would be really helpful, as my brother is also enrolled at a 4 year undergraduate program. I looked on the NYU financial aid page, and saw that there is not cutthroat deadline for aid, though the priority deadline is very, very important.</p>
<p>If I were to apply for aid at this point, would I stand a chance of receiving anything? I would be grateful for anything, really. I would also be willing to do workstudy.</p>
<p>HELP!</p>
<p>You could possibly receive something, but it won’t be anything substantial. It doesn’t hurt to apply. But with income that high, I don’t think you’d be getting anything.</p>
<p>Go ahead and get the FAFSA in ASAP. NYU has been considering “late,” non-priority FA applications and one or two students reporting here have gotten substantial aid. There may or may not be a FA app deadline but no one has named a date.</p>
<p>Do it soon though because NYU will start or has started considering FA packages for continuing students (who are scheduled to hear end of May, beginning of June). Best to get your info in fro whatever money is still available for freshmen.</p>
<p>okay, I will call the office tomorrow morning. </p>
<p>Also, superexcited, what do you consider substantial? (a range would be helpful)</p>
<p>I’d also like an answer since it seems I’m in the same boat as the OP- didn’t apply for FA cause I never thought I’d qualify.</p>
<p>noideahelpsos- please let me know what you find out tomorrow!</p>
<p>I don’t think anyone can give a range. The one poster who got off the waitlist recently and reported getting $23,000 in FA might have had strong financial need. </p>
<p>Normally, NYU gives based on a combination of how much the school wants the student and the student’s financial need. (See NYU2013’s posts regarding how FA works for NYU students.) </p>
<p>Though to be honest, I am not sure how it works with people accepted off of the WL. There are people accepted directly (without going on the WL) who received no money. Common sense tells us that these students should be more attractive to the school. Who knows, maybe it boils down to financial need towards the end here? What I am not sure is how much merit money would be available in this “almost final” round of acceptances.</p>
<p>The link Evolving is referring to, I’ve provided below:</p>
<p><a href=“http://talk.collegeconfidential.com/new-york-university/1117221-parents-students-concerned-financial-aid-please-read.html[/url]”>http://talk.collegeconfidential.com/new-york-university/1117221-parents-students-concerned-financial-aid-please-read.html</a></p>
<p>It gives an explanation of how FA at NYU works.</p>
<p>Note however that the typical cut-off for wealthy schools (Columbia, Harvard, etc.) is $150,000/yr income. Anything above that, the ivies (since they do not give merit aid), they expect you to pay full-cost. However, NYU does give scholarship. So I suggest reading the link I provided as it gives my more detailed explanation of how FA will work. Since your family is well above the $150,000/yr bracket, disregard any part of my post that refers to “need”. As you will not be placed into the “need” category.</p>
<p>I’m trying really hard to restrain myself right now…nothing against you personally, noideahelpsos, but this is what’s wrong with FA at NYU. The ivies have that program for a reason - because if your family makes hundreds of thousands of dollars, you should pay the full cost for college. Awarding merit scholarships to those who don’t need them is wrong, especially when you have students whose family income is less than the cost of attending NYU for one year.</p>
<p>@francisvdahlmann
How else is NYU going to attract potential Ivy League students to their school? Colleges want good students to raise their reputation. If they told a student who got into lets say Columbia to pay the full $60k, now why would he pick NYU? NYU wants to attract these super-students to come and become BIG. Many of these kids are probably earning 150k+ as well (more money = more opportunities). My friend, whose GPA/SAT/SATII/Extras triumphed mine, ED’d to NYU because he wanted to live in the city. NYU gave him absolutely no money while kids like me actually got some money. It’s also important to add that we’re both upper middle class. I’m almost positive that if he didn’t ED, that he would have received a lot of money. NYU gives Merit only to attract these students to come.</p>
<p>I know. I got a $20,000 merit scholarship as well. I also get $30,000 worth of debt per year. I understand why they do it; that doesn’t make it fair.</p>