<p>I want to apply Early Decision to NYU because am I certain I want to go there, but I am worried it could affect my financial aid package. Are they likely to give me more money because it is earlier so there are more funds available, or will I receive less money because I have to go there no matter how little aid I am given? My father is unemployed as of last week so financial aid is going to be extremely important.</p>
<p>Don’t even think about applying early. If you haven’t see the thousands of posts here on how bad the aid is at NYU, use the search function and read them. Bottom line is unless you have Harvard beating your door down, it’s unlikely NYU will give you enough aid.</p>
<p>If NYU is your dream school, there’s no disadvantage to applying ED, but generally only top students (e.g., like Redroses said, those an Ivy might also want) get “generous” FA packages. If NYU’s ED FA offer is not enough to support attendance, you just say thanks but no thanks, and apply RD elsewhere. If they accept you ED (or RD for that matter) and offer you FA, it’s because they want you due to your stats and are willing to take a “loss.”</p>
<p>If you like NYU because it is in and of the city, consider other NYC schools.</p>
<p>I’m having trouble finding other schools that are as academically prestigious in the city, do you have any suggestions? I’m considering Stony Brook because its near by, but I would much rather be in Manhattan.</p>
<p>
Columbia is in New York City, and is “academically prestigious”.</p>
<p>Fordham - Lincoln Center campus.</p>
<p>Applying early decision vs. regular decision isn’t supposed to affect your financial aid package at most schools. I would apply regular decision so you can apply/be accepted at other places too, which may have better financial aid packages available for you.</p>
<p>Applying early is unlikely to affect the financial aid offer, but it prevents the applicant from comparing financial aid offers from multiple schools in the spring. </p>
<p>OP, if you need significant aid, ED is a bad choice, especially to a school so notorious for bad aid.</p>
<p>I don’t see why it matters how much aid you need when applying ED to your dream school; you either get what you need or not, and if you don’t, you move on to RD.</p>
<p>I don’t know if applying early will affect your aid package. My son applied at the last minute and he got a very large scholarship (no special application). I think NYU will let you out of a ED acceptance if you can’t afford it, but I would check before applying.</p>
<p>FYI, my son’s Sat was 790 math 740 verbal 720 writing. Several AP classes. He wasn’t a NMS or in the top 10% of his class (he went to a large inner city magnet school where there were only really smart kids!)</p>
<p>My son was rejected by Harvard, Univ of Penn. NYU scholarships will total $125,000 for the four years he attends. He’s a senior now. My EFC has been 11-13K for each year. Will graduate with just under 29000 in Federal perkins and subsidized stafford loans.</p>
<p>My son’s large scholarship is apparently an anomaly but we cried tears of joy when we got that acceptance in April 07!</p>