What does THIS mean?
NYU will require you to complete a certificate of finances that shows that you have enough funds available to pay for ALL FOUR YEARS of college at NYU. So you will have to show that you have $280,000 available to fund your college costs. Does your family have $280,000 in some account. This can include approved loans and any aid NYU gives you.
But without that completed certification of finances…you won’t get a visa to study at NYU.