<p>My parents work overseas, so our income level in the US is extremely low. I imagine that if i applied for financial aid, they would assume that we're too poor to afford tuition and in turn reject my application? (which isnt exactly very spectacular). So I'm thinking if I applied as a full pay with early decision, it would increase my chances of being accepted? So for freshmen year my family can just pay the full tuition costs and then my sophomore year we could submit a financial aid form and apply then? I'm not an international student btw.</p>
<p>NYU’s aid is renowned - for being really bad. They do not promise to meet full need without loans. If you follow your plan, your FA will likely consist of a huge amount of loans. We have seen zero EFC students on CC being offered $40,000 in parent plus loans at NYU. I have only ever seen a few students on CC getting good aid from NYU, and they were top students who were offered good merit money as freshmen. Better to be honest up front so that you will see what sort of aid you will be offered, rather than trying to play them, paying full freight the 1st year, then discovering too late that all you will get years 2-4 is a whole lot of debt.</p>
<p>What is the point of being accepted ED if you can’t afford to go. If your parents can afford full freight for one year (canthey afford $50k+?), can they afford $40-50k in loans for each of years 2-4?</p>
<p>
You do realize that your parents income and assets from everywhere, including overseas, must be reported? It is not just income in the US.</p>
<p>sorry, you should not play with FAFSA, CSS Profile or any doc like that. If you apply for full pay, you have to stick with your story.</p>
<p>Admission to NYU is need blind so it will not affect your admission decision. That does not mean that you will have your need filled (if you have need).</p>
<p>NYU is need blind but it does NOT guarantee to meet full need of accepted students at all…and the school doesn’t. Students and parents report gaps of tens of thousands of dollars sometimes. NYU is a FAFSA only school but really your EFC is meaningless…meaningless. It should be viewed as a BARE minimum of what NYU will expect you to pay annually.</p>
<p>I will guess here…since NYU doesn’t meet full need, WHY would they increase your need based aid for years after your freshman year? They don’t do that for students who are GETTING financial aid their freshman year.</p>
<p>Re: your parents’ incomes. You MUST put your parents income from all sources on the FAFSA in U.S. dollars. What they earn in the U.S. or what they are taxed on in the U.S. does NOT MATTER. It’s the total. So you need to include ALL of their income…not just what is considered for tax purposes here in the U.S. if they are expats.</p>
<p>Applying ED doesn’t increase your chances of admittance by very much. If you don’t have what it takes to get into NYU, simply applying ED is not going to get you accepted.</p>
<p>And as others have said…if you can’t pay for the school beyond your freshman year, what is the point? It is highly unlikely that NYU will give you any significant aid in subsequent years…they don’t give great aid for all incoming freshman.</p>
<p>Perhaps you guys missed the OP’s intention, or it was I. What Op wants to do is to apply ED to NYU as full pay student, hiding the fact of his needs. After he got the ED, then submit the FASFA and apply for aid as a freshmen applicant. Not actually go to the school in the first year then apply aid in the second year.</p>
<p>From the OP:</p>
<p>“So for freshmen year my family can just pay the full tuition costs and then my sophomore year we could submit a financial aid form and apply then?”</p>
<p>artlovers…I believe you are misreading this…the OP stated that they would be full pay their first year and then apply for aid in subsequent years.</p>
<p>
</p>
<p>*So for freshmen year my family can just pay the full tuition costs and then my sophomore year we could submit a financial aid form and apply then? *</p>
<p>Artlover, I think you misunderstood.</p>
<p>Delil…</p>
<p>Your plan has some serious flaws that will result in failure. If you get into NYU and pay for your first year, you will then find that you’ll get nearly NOTHING for the following years. NYU gives LOUSY aid, so you would end up having to leave NYU after your first year. </p>
<p>NYU won’t care that your family is low-income; they’re not going to give you more money. NYU routinely gives little aid to low income students. </p>
<p>Your plan is doomed. </p>
<p>NYU is not going to work for you.</p>
<p>BTW…since NYU is need-blind…go ahead and apply with FA and see how lousy your FA package will be. Seriously, NYU has no problem asking low income parents to take on $200k in loans.</p>
<p>I stand corrected. If that is the case, no, NYU will NOT give you aids for the second year other than unsubsidized loan. My DD got accepted there, the aid they gave us is the loan, not a grant or scholarship.</p>
<p>I guess if you are superstar and qualified EA in Haevard and all the Ivies, you may get merit scholaship to NYU and you have to be wanted badly. Those FA/Scholarship must be when you apply for freshmen, nothing in the second year.</p>
<p>^^^</p>
<p>Very true. </p>
<p>And even if the student got a rarely given scholarship awarded as a frosh, that would likely still leave about $30k-40k per year to pay for. It sounds like this family can scrape together $50-60k for the first year, and then little to nothing after that.</p>
<p>no, if you look closely there are few NYU scolarships that covers full tuition, but I really don’t know who’ve got those.</p>
<p>[url=<a href=“Aid and Costs”>Aid and Costs]Scholarships[/url</a>]</p>
<p>believe me or not, but my Yale gradutaed cousin in the 80’s got FULL Ride Scholarship to go to NYU Med School. In otherwards, she did not pay a dime to finish her MD degree! She even got stipend for traveling expenses. This Scholarship was NOT from NYU, but from a local Poughkeepsie, NY Doctor’s Estate. You need to be a local resident of that town for x years, graduated from the local public school and being accepted by NYU medical school. She was fortunate to be the lucky one and she went for NYU Med school which is ranked much lower than Harvard, she got accepted there as well.</p>
<p>Today, she is a prominant dermatologist, she is one of the bright star in our family.</p>
<p>^ 20 years ago and a graduate degree has nothing to do with present day undergraduate degrees. I’m really confused as to what your cousin’s local scholarship for her graduate degree has to do with the OP’s situation.</p>
<p>^^Could there be an NYU educated Arab Prince left a will for some one from Small Town, Saudi Arabia, give a full ride scholarship to an NYU admitted UG who came from that Small Town specialized in mid eastern study?</p>
<p>Besides, its 30 years ago. Its not year 2000 any more.:)</p>
<p>^ Fine. 20-something years ago, better? </p>
<p>The point still remains the same that it has little to nothing to do with the OP’s situation.</p>