EFC Calculator

<p>How accurate is the EFC calculator on the NYU website? I am the only child living at home and my parents' income range is $60,000-$69,000. The calculator said that we would have to pay $40,000 a year. Please tell me this is a joke.</p>

<p>Unforunately, that’s definitely possible.
NYU is terrible with financial aid. You may be able to appeal it after receiving your official financial aid estimate letter though.
I highly recommend you take a look at this: <a href=“http://talk.collegeconfidential.com/new-york-university/1117221-parents-students-concerned-financial-aid-please-read.html[/url]”>http://talk.collegeconfidential.com/new-york-university/1117221-parents-students-concerned-financial-aid-please-read.html&lt;/a&gt;&lt;/p&gt;

<p>That’s a shame. I did the calculator too, I have three older sisters two of whom attend college, and my family’s income is between $40,000 - $50,000, I’d still be paying like $30,000 based on their calculations. (I’m still just a junior right now fyi so I haven’t applied or anything yet).</p>

<p>So, uh… work-study anyone?</p>

<p>^
I’m in the same position. :confused: It sucks. Plus, my parents are divorced which really adds to the financial strain.</p>