@2Fast2Good @philbegas Honestly I’m taking back what I said and I think you should go to the CUNY
I also think you should apply to whatever the best business school is in your home state. That way, if you get your award packages back and you just can’t figure out how to pay for the most expensive ones you can have an option with in-state tuition.
My EFC was $291 (and that’s with my parents making no money) and I received
$5670 in Pell Grants
$1000 in Federal SEOG Grants
$1500 in Work Study
I’m not sure you can really get anymore federal grants lol.
If your parents have income but are UNWILLING to pay, it will still be considered unfortunately, so I’m sure your EFC will be higher than mine. My parents had a negative income (losses carried forward from small business) and I had an income in the area of $25k
Tuition at CUNY is 17,400 per year for undergraduates http://www2.cuny.edu/financial-aid/tuition-and-college-costs/tuition-fees/#1452179204200-d27abe14-99f4
@philbegas Well, at least I know this now.
@ceilingroofgoat Yup, this sucks I really want to go to McIntire or Kenan-Flager but life is life. CUNY isn’t bad I just have to network really hard.
I just want to make it clear that I’m not trying to discourage you from applying. You should apply to like 8-10 schools no matter what. I just want to make sure that you fully understand what it’s going to be like getting loans, especially private loans. If you have to take out even 50k in private loans each year to cover Expensive tuition+dorm - gov’t loans - grants, you could end up paying almost double your initial loans by the time you’ve finished with a 15 year loan. Sure you might be able to pay it off faster, but you have to think about if it’s worth the gamble. In addition, interest rates on loans tend to be higher if you don’t have a cosigner. If your parents aren’t helping pay, will they cosign?
@philbegas Yeah I understand. I just dislike the fact that I cant go to a decent college because of a situation I was born it, cant really wrap my head around it but w/e. Investment Banking is already hard enough to get into but in the long run tuition is a drop in the bucket. I know I will hustle in because I know what it takes and have already reached out to investment bankers and they seem like they’re willing to help.
I agree, and it sucks especially when your parents can afford to (at least help a little) but will not pay at all for college. You seem like somebody motivated who will hustle their a** off to make it happen. If you can, try to get on honor roll or whatever at your college. It’ll make it easier to stand out if you’re at a “second tier” institution.
@philbegas For sure. I’m glad you brought up Baruch :). I actually have $20k saved from working so I should be fine in NY, haha. Do you think they will let me complete the pre reqs at Baruch and let me transfer into the B-school? This is what I want so I have time to network.
Thank you so much!
If I were you I would definitely call and confirm because if I’m wrong I don’t wanna screw up your education haha but as far as I understood, it’s just a matter of enrolling once you have the pre-reqs, it’s not a competitive application like it is at whatever state school you were talking about earlier.
According to their website:
http://zicklin.baruch.cuny.edu/programs/undergrad/entrance.html
No application is required. Students who fulfill requirements will be reviewed for admission after all semester grades are in.
Exceptions:
Students whose lowest calculus (transferred or AP credit) is MTH 3010 or higher must go to Rm VC 13-240 to be manually admitted into Zicklin.
Students who have transferred pre-business courses that posted to their Baruch transcript as A+, D-, S, or P must go to Rm VC 13-240 to be manually admitted into Zicklin.
Also, try to join investment clubs. If you get a leadership position you can throw it on your resume, and even if you don’t you can network. At the university I’m going to in the fall, there’s an investment club that seems to have its own point of contact with far more prestigious firms like BlackRock. The school itself is definitely 2nd tier, but I don’t mind getting involved in the club.
https://www.baruch.cuny.edu/studentaffairs/StudentLife/clubs/descrip2.htm
@philbegas Thank you I will definitely do that! I was accepted in IU and PSU (when I applied to colleges my Senior year). At IU, there is an investment banking workshop and at PSU there is the Nittany Lion Fund. If you are able to get in those clubs you are guaranteed a job on Wall Street. The professors usually have SIGNIFICANT ties to firms. I didn’t attend because I only got $5k in financial aid (OOS tuition!) so I didn’t want that extra pressure of joining club or failing.
Good luck! I could also go to my state-school, double major (to extend graduation) and have 2 shots at recruiting. Doesn’t seem like a bad idea and I will get out with 20-30k in debt due to my instate scholarship
Rutgers also has a road to wall street program and if you transfer with an associates, good gpa, AND a phi theta kappa honor society membership I think you get a pretty big merit scholarship
@philbegas I am in PTK :). You are amazing for mentioning this. I completely overlooked Rutgets while scrolling through diff schools! Their alumni base is huge and location is a plus!
@ceilingroofgoat UVA McIntire is worthy of that premium. But between UNC and UVA, is that extra money worth the benefit? BUT, getting into Kenan Flagler may cause delays. I’d rather that happen anyways so I can get in recruiting for IB.
@philbegas My Dad makes $50k a year…so maybe like $10k. I seriously don’t want money to be a barrier to success. Obviously in a few months I’ll have concrete options. CUNY sounds good since it’s inexpensive (but rooming!).
@ceilingroofgoat UVA McIntire is worthy of that premium. But between UNC and UVA, is that extra money worth the benefit? BUT, getting into Kenan Flagler may cause delays. I’d rather that happen anyways so I can get in recruiting for IB.
@philbegas My Dad makes $50k a year…so maybe like $10k. I seriously don’t want money to be a barrier to success. Obviously in a few months I’ll have concrete options. CUNY sounds good since it’s inexpensive (but rooming!).
I got accepted to McIntire and will be starting this fall after completing 2 years from a CC out of state. I am an accounting major so I don’t know if it helped my application, because 70% of students are Finance majors. lol Might change majors after 1 semester. Money is an issue and my family don’t make much and the tuition did increase this year making it around 65k-67k. That being said UVA did give me a generous aid package. I still have to take out loans but I missed out on scholarship opportunities because I didn’t think I would get in. Really regretting it right now.
I also believe the McIntire has money to give but I think that is only for returning students. which sucks. Apply to all the schools even NYU and also apply to safeties. Make a decision after not before.
I think you have a solid case. I would say NYU stern would be the hardest one to get in here actually, as no one drops out of Stern iirc.