<p>I applied for early decision, and I just want to make sure that they can't reject me due to financial reasons. Does the office of admissions even look at the early decision financial aid application?</p>
<p>NYU is need blind, they won’t accept or deny you based on how much money you have, however NYU’s financial aid is notoriously bad so if you’re poor be prepared to go into debt to pay for it.</p>
<p>If you need FA, ED is not the best option.</p>
<p>I have heard other posters say that if the financial aid offered is poor, you can get out of ED, particularly if other colleges come through with adequate financial aid. I’m not sure about the “rules” around this though. Maybe see what they come back with and determine from there where you stand. Best wishes.</p>
<p>They will not reject you if you are an impressive candidate; they will offer you admission, maybe a teensy weensy bit of aid, and then they will expect you to be able to come up with the rest of the funds yourself. However, if you are an outstanding candidate that NYU REALLY REALLY REALLY WANTS then they will make sure you are given the aid you require.</p>
<p>Good luck!</p>
<p>Re: If you need FA, ED is not the best option.</p>
<p>Curious why you say this - please explain.</p>
<p>I think what milkandsugar means is that if indeed ED is binding regardless of the FA offered, then kids will walk out with an NYU degree and an 160k$ debt in loans. If you need FA, it makes more sense to apply to lots of schools RD and then depending on the best aid packages, you can make a decision that will suit you better in the long-run.</p>
<p>Can NYU reject you for being too poor?</p>
<p>No, but given their notoriously poor finanacial aid packages, maybe they should. It would save some students from taking on staggering amounts of debt!</p>
<p>CBParent: School’s will frequently use financial aid packages to entice a particular desired student to accept their school over another. When you apply ED they can count you in and therefore are not motivated to examine financial aid options carefully. Our HS guidance department makes an announcement every year to parents of seniors: If you need financial aid to attend a school do not apply ED. On the otherhand, if you can afford it, ED increases your chances of addmission. So frequently this is a hard decision to make - increase acceptance changes and lump the bill. It does not mean that you will not get any aid - the school will usually work off your FAFSA form and give you something. Scholarships for ED students though are harder to come by.</p>
<p>“If you need financial aid to attend a school do not apply ED.”</p>
<p>IMHO, this is bad advice for needy students who have that one dream school above all others, where the only question is: can I afford it? Many needy students get excellent FA packages at ED time; if they don’t, they say thanks but no thanks, and apply RD elsewhere.</p>
<p>The Common Application ED agreement says:
<a href=“https://www.commonapp.org/CommonApp/docs/downloadforms/ED_Agreement.pdf[/url]”>https://www.commonapp.org/CommonApp/docs/downloadforms/ED_Agreement.pdf</a></p>
<p>Those without that one dream school should indeed compare FA packages at RD time.</p>
<p>Yes, the ED is non binding if you cannot accept the FA offer. However, NYU is on the low end of offering FA that is adequate. They do not meet full need, in reading posts here over the years of students that got in ED, the FA was less than outstanding. If you are among the most neediest for FA, NYU is not a good option.</p>