<p>"iI was simply trying to be optimistic for another NYU bound student. </p>
<p>All of us NYUers need it, but many of us can’t seem to find it."</p>
<p>Oh my…that’s the point. It’s really NOT helpful for one student who is making a very dangerous and risky decision to ENCOURAGE another student to also make a very bad financial decision. Blind leading the blind…when is that a good idea? </p>
<p>And, there’s a reason why so many NYUers can’t find optimistic support. Clear-thinking people aren’t going to support lemmings running pell-mell off a cliff.</p>
<p>We just did the MPN thing and as I recall, there was one for my S for his Perkins and Staffords, and there would have been one for me if I were applying for PLUS (but I am not, thank goodness).</p>
<p>SO putting aside the main issue of affording the school, you do the MPN for your own loans (Perkins and Stafford) and your mom does it for herself for hers.</p>
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<p>On NYU, does anyone get a good near full ride there? I haven’t heard of anyone here but I don’t follow the NYU forum. Just curious and I’ve written it off for D’15 to consider for that reason, but if really good stats mean she might get a package comparable to Barnard or something, I’d let her apply. Obviously this is 2 years away, but the comment about high stats kids getting god packages was something new to me.</p>
<p>ohiobassmom -</p>
<p>NYU does offer some very, very, very good aid packages to a small number of students that it really, really, really wants. Most students get lousy packages. If you and your daughter are clear about how good a package would need to be to make NYU an option for her, and both of you can toss the acceptance letter in the recycle bin with no regrets if/when she gets a lousy package like most applicants do, then go ahead and let her apply. If either of you are going to be full of regret if she gets in with no money, then don’t.</p>
<p>A year or so ago, I read thru NYU’s merit and aid pages, so I don’t know if this is still true: </p>
<p>The pages indicated that only SOME of their colleges have merit to offer. Some of their colleges don’t have ANY merit to offer.</p>
<p>The colleges that have merit, offer it to the Top 5% of applicants in varying amounts. One could imagine that someone with 1550-1600 M+CR SATs and top GPA might get the biggest merit offers, while someone with 1460-1540 SATs might get nice, but smaller offers. </p>
<p>We have seen some students with high stats posting that they were given $20k-25k merit awards, but then left with $40k to pay. I think that’s another problem with NYU. If you have a lot of need, then getting a $100k merit award doesn’t do you much good if you still need $160k to pay the rest. </p>
<p>Obviously if you have no need, then getting a $100k offer ($25k per year), is awesome. You’ve cut your costs by about 40%.</p>
<p>There are lists around of schools with notoriously high average debt per graduate, most of which are for-profit ripoffs or other low quality schools, but NYU is usually listed as well.</p>
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<p>Their merit-based aid is miniscule: “Received by 228 (4.6%) of freshmen without need, average amount $7,040”</p>
<p>thanks happymom and mom2. We’ll see. If her stats wind up being that high I’m not sure she’d want to go to NYU…luckily we have a lot of time to put her list together.</p>