<p>My first-choice school is NYU Stern. My whole high school experience has been focused on being what I perceive to be "good enough" to be accepted on a decent scholarship. I know someone at CAS who receives a scholarship that covers 75% of tuition annually, and she said that she received this scholarship due to her submission of a very high ACT score. This gave me hope, as I am top of my class and my standardized test scores are fairly exceptional. However, I heard that Stern does not offer merit-based financial aid, only need-based (and that the rest of NYU will soon follow suit). My family is very middle-class, with a combined annual income of roughly $75K. My parents can only be expected to contribute about $10,000 annually. Given that, how much need-based aid can I reasonably expect to receive? Is it true that Stern has done away with merit-based aid? Lastly, if I did not receive a significant amount of aid, do you think that a Stern degree (for instance, if I double-majored in Corporate Finance and Marketing) would be worth the loans?
I'd appreciate any reliable insight :)
Thanks.</p>
<p>You can probably expect some financial aid, but you should know that NYU is notorious for not offering the full amount of financial aid that a student needs. About the question on whether it is worth it to go to Stern, you will have to decide whether you want to graduate with debt and feel like it is worth it to to have the Stern name. While New York does provide many opportunities for those going into business, it does not provide the only opportunities. At the end it comes to your decision, however, since I am in a similar predicament as you I would probably choose the best possible business school that provides a decent amount of aid.</p>
<p>Please read the “Emergency” thread on this board and search NYU financial aid.</p>
<p>look over this forum…you’ll find thread after thread of examples of horrible aid from NYU.</p>
<p>What were your friend’s scores? What are your scores?</p>
<p>Is your friend a URM? lowish income?</p>
<p>Please note that the OP posted last February. I am sure that by now the question has been resolved one way or another.</p>
<p>Really? Last February? In case you haven’t noticed, it’s is still 2010. :rolleyes:</p>
<p>It’s June. February was 4 months ago. “Last” February=February 2010. “Next” February=February 2011.</p>
<p>At the time the OP posted, college admission decisions and financial aid awards were not yet issued. Since OP did not return with questions in April, the concerns she raised probably were addressed one way or another.</p>
<p>I’ll have to go with Bedouin on this. Last Feb is 2009. THIS Feb is 2010. Next Feb is 2011. But you’re right that the decisions must have already been made.</p>
<p>Calmom is right…sorry Erin’s Dad…</p>
<p>Last February was 2010. </p>
<p>If your birthday was in February, you would say that your LAST birthday was in February 2010. You would NOT say that your last Birthday was in 2009.</p>
<p>BTW…last WEEK was also in 2010… LOL ;)</p>