Appealing Financial Aid with Too High EFC - Please help!

<p>I have been recently admitted to my top choice, NYU (Steinhardt) as a Communications major. I have known NYU is where I want to be for several years, visited in October, and just spent the day there on Sunday for their "Sunday at the Square" event. However, like most people, I'm worried about my finances. Unfortunately, our EFC is technically higher than the tuition, which means NYU cannot give me any aid (does this also come into play for merit aid? I would have hoped I'd gotten a scholarship as my SAT/GPA/etc. are higher than a lot of people in the same school who DID get scholarships).</p>

<p>I have dicussed this matter with NYU and though they have been amazingly helpful and friendly, it doesn't seem to have a solution. I will need $100,000 in loans to go to school - which I am willing to do - but at the moment my parents aren't allowing it. Does anyone have any ideas?</p>

<p>I'm also looking at Tulane and Ga Tech, both which are VERY distant seconds compared to NYU. </p>

<p>Also, I'm thinking about deferring admission for one year, working full time, and earning some money to start the next year. Any thoughts on this?</p>

<p>THANK YOU!</p>

<p>same here. i was supposed to go to ucsd but our efc was higher than the price for the school itself so i will have to go to a different school where i will live at home.</p>

<p>So you're not going to take out loans? I wish it wasn't like this :( :(.</p>

<p>I think I'm going to end up at Georgia Tech, even though I hate the school - I don't want to be a "Science, Technology, and Culture" major. I have a scholarship to Tulane, but it's still very expensive and why pay all that money if I can be unhappy somewhere else much more inexpensively? I guess we just have to make the most of it :).</p>