<p>My D was notified that she has received Presidential Merit aid for her freshman year at NYU. Another college gave a similar merit award, with the guarantee of the same 10K each year for 4 years.(subject to satisfactory grades etc. ) Has anyone had experience with NYU's merit aid after the freshman year? We are trying to determine if she maintains the required performance level at NYU, can we expect this merit amount yearly or is it a one time deal.?</p>