<p>I applied to the CAS and received some really good aid. I thought that NYU was notorious for not giving aid, but heres my package. </p>
<p>8500 CAS scholarship
1000 provost grant
8200 university grant
750 FSEOG
4000 pell grant
4000 work study
3500 stafford loan
2000 unsubsidized stafford loan
17000 plus loan</p>
<p>Is this normal? Did anyone ele get any really good packages?</p>
<p>It depends. What was your EFC?</p>
<p>EFC must have been very low to have a 4000 Pell grant.</p>
<p>This is NOT a good package. there is probably NO WAY that your parents could afford 17K in loans for 1 year of school. between parent and student it is 22K in loans for 1 year. DO NOT do this, PLEASE</p>
<p>that doesn’t look like a very good package considering you got the pell grant (so your EFC must be relatively low). i got more in scholarships & grants and my EFC is pretty high.</p>
<p>I have less than you but I got several external scholarships that pays for all my education, including books, except living expenses such as food.</p>
<p>I suggest you go to the financial aid to get help on applying for external scholarships (scholarships not offered by the university but outside organizations). They will assist you and may perhaps connect you directly you to a good scholarship. You can also do it on your own using collegeboard or NYU’s financial aid office website links. </p>
<p>I used it and it was great except my only complaint was that they were slow. Cannot blame them since there are 40,000 students and only a few of them.</p>
<p>Well hey don’t ruin the kids excitement. If he thinks it’s a good package then maybe it’s a good package.</p>
<p>or we could tell him the truth and save him a load of debt if he really can’t afford it. (no offense, i am just saying)</p>
<p>it all depends dude. I have 0 efc and am getting like 28 k in grants.</p>
<p>if you really want to go to NYU take the 120 k in loans. I want to go to NYu so i am taking mine all in loans.</p>
<p>but you’re not saying that you got an “awesome” FA package.</p>
<p>if his family is willing then that’s cool! i’m excited for the OP, i was just sayin that it’s a lot of loans.</p>
<p>it is a lot of loans. I agree my package was not amazing, but it is all up to the OP.</p>
<p>OP:you do have a lot of loans. i am assuming this is just for semster? if so, if you really want to go to nyu go. </p>
<p>your package, if semster is decent.</p>
<p>My EFC was 0. I thought it was awesome at first since I kept getting told that NYU would give me no money. They claimed to meet all my needs but the loans are gonna kill me.</p>
<p>What would people around here do if they were in my place?</p>
<p>Oh wow I realized I messed that up. Actually 5350 pell grant.</p>
<p>This is corrected:
8500 CAS scholarship
1000 provost grant
8200 university grant
750 ACG
4000 FSEOG
5350 pell grant
4000 work study
3500 stafford loan
2000 unsubsidized stafford loan
17000 plus loan</p>
<p>Sorry bout that</p>
<p>It is excellent if your parents can do the plus loans.
Its roughly 28,000 free money, and the rest is loans. If your parents couldn’t do the plus then you are looking at 26,000 per year loan whuch adds upt to over 100,000 loan for 4 years. That is a lot of money that you would be paying back. You have to look at your other offers and see what is going to work for you. If you were my kid I would tell you not to do it. But it is your future that you have to think about.</p>
<p><a href=“http://talk.collegeconfidential.com/new-york-university/692073-good-aid.html[/url]”>http://talk.collegeconfidential.com/new-york-university/692073-good-aid.html</a></p>
<p>see what this person got with a 0 EFC. Only loans are 6000 (that could be 5500 in sub/unsub stafford). This is a realistic package for someone with a 0 (or close to it) EFC</p>
<p>Well it all comes down to what are you willing to pay for an NYU education. I mean depending on the program he graduates from this could be feasible for him.</p>
<p>I have 0 EFC also and I only got 3k in loans. You have about 22k. Maybe 26k because work study aren’t guaranteed. I believe you have to apply for the jobs in the school and it might be competitive.</p>
<p>Call them up and ask for more money because of your circumstance if not I would consider looking at the other school packages and in the end have a talk with your family and decide what you going to do.</p>
<p>sueinphilly and nyjeo- Wow. My package looks terrible compared to those 2 then. Congrats to nyjeo btw for getting such a good offer. How would I go about asking them for more money anyway? Theres no way they can make my offer lower right? I would really love to attend NYU but everyone here is right- its not worth putting a 6 figure debt on my parents</p>
<p>all you can do is ask. The worst they can say is no. They do NOT promise to meet full need of ANYONE, whether your efc is 0 or 20K. If you were not part of the top applicant pool, then this could be a reason for the aid package you got. Don’t take it personally. There are PLENTY of schools that cost less that WOULD be affordable with the Pell/stafford/perkins and some merit aid. I hope you had a financial safety to choose from</p>
<p>I don’t understand the exact economics and the terms for most of this stuff, but my family is not in good financial standings at all, and I ended up getting like $30,000 in grants & scholarships, and then another like $20,000 in loans. I’m hoping to get external scholarships too. I really would love to go to NYU, but ending school with $80,000 in loans that <em>I</em> will have to pay back (my parents really have no means to pay them), is turning me off. But academically and for what I want to do (music business stuff), it is the best school by far that I have gotten into so I need to weigh all that out…</p>