<p>On my FAFSA i had listed that i was the only one in my family to be attending college. It has just transpired that my brother will also be enrolling into college this september. Assuming that I can get proof of his (incumbent) enrollment, and present this to the FinAid office at NYU, do you think they would kick me more money? (I live in NYC, white male caucasian, divorced parents, my family's EFC was zero)</p>
<p>anyone been in this situation?</p>
<p>feedback greatly appreciated</p>
<p>maybe they'll give you more in loans?</p>
<p>They should definitely re-evaluate your package, especially since that will significantly alter your family's ability to send them money.</p>
<p>If your EFC is already zero, it doesn't really matter.</p>
<p>I honestly think you should just call and ask directly. You'll get a much better answer there than from people speculating in a thread.</p>
<p>I'm almost convinced NYU gives no grants.</p>
<p>NYU actually has a higher percentage of students who are Pell grant-eligible (meaning they are the most economically disadvantaged) at 17% -- more than any of the Ivy League schools. Institutional grants are also awarded to admitted students.</p>
<p>i got into NYU early decision, and i recieved an estimate back in december, but i never got the final FAFSA package, should i have receieved this by now? anybody else on the board have you guys all recieved the financial aid packages?</p>
<p>Once our Office of Financial Aid completes the financial aid review for our regular decision applicants they coordinate the process of providing our early decision applicants with their actual financial aid packages. As we have just finished notifying our regular decision students you should anticipate receiving this information within the next few weeks. Please keep in mind that unless there were large discrepancies between the information you provided on your Early Decision Financial Aid application and the FAFSA form that your estimated package will be your actual package. Nine times of out ten this proves to be the case for our early decision students.</p>
<p>Thank you for your patience and feel free to contact the Office of Financial Aid directly at 212/998-4444 if you have further questions.</p>
<p>I received my appeal decision on the phone just a few minutes ago. They gave me an extra $1k. That's what I was expecting. I'm having a very difficult time deciding where to go. If I went to NYU, I'd be $148k in debt. How do people expect to pay that off realistically? Even spread out through a ten year time span, that's $1250 per month, and probably more due to increasing tuition and interest rates. I know that this is a conscious decision when accepting admission to NYU, but... I don't know. It seems like a lot of people on this board either aren't as vocal as I am about financial worries, or don't even have to bother about it.</p>
<p>a LOT of people are betting on the fact that they will have top paying jobs after graduation. betty you are definately not the only one with financial worries, i could never see myself betting money (especially loans that my mom would have to take out) on education. without a clear or secure future its difficult to take on that amount of debt, you have to weigh as to whether its worth it or not.<br>
on the other hand a lot of people arent worried because they're parents can cover the cost easily, or the loans aren't such a big deal to them</p>
<p>PLEASE don't go to NYU if you're not in a good position to pay off the debt. Chances are that you will not have a high paying job unless you go to med/business/law school, and those schools cost more money.</p>
<p>I mean if you take out 150k loans while you're at NYU, and then take out another 200k when you're at med school, you would probably have over half a million debt by the time you start practicing medicine(assuming you only do 3 years of residency; some doctors do up to 12). Even if you had a 150k/year starting salary, interest alone would kill you. It's possible to pay it off, but why would you want to give half of your earnings to debt repayment for the rest of your life?</p>
<p>I'm probably not going to attend NYU for that reason exactly -- the money. A part of me wishes that they had just rejected me. I know the tuition is ridiculous, but the "what if" questions will haunt me for a good while.</p>
<p>I had this "what if" discussion with a number of people, but I suppose with ANYTHING you do in life, there will be that lingering question.</p>
<p>my parents are not going to be able to contribute much to my tuition at all, so im basically going to be up to my ears in loans when i graduate and it scares me, but im going to stern and hopefully i'll land a relatively high paying job. i hope stern winds up being worth the money!</p>
<p>With Stern, I doubt it'll be a problem. Unless you insist on living in Manhattan and driving a Cadillac once you get a job, I can't imagine that you'll find it horribly hard to repay your loans. In addition, Stern people get posh internships - I've heard of some people getting close to $25/hr, but my roommate gets $16/hr, and that's for coming in only on Fridays. :D My roommate also knows people who work as SAT tutors or nannies and says they clear way more.</p>
<p>I'm jealous of Sternies; we science students are glad to get $10/hr! :D</p>
<p>haha shades you make me feel better.. :)</p>
<p>Yeah... I'd be majoring in journalism. A very unpredictable and shaky field with low pay to boot.</p>
<p>Is it possible to take a few classes in Stern? Just wondering.</p>