<p>So I applied ED and got into NYU Poly (computer engineering). Recently I got my aid package and am freaking out.</p>
<p>Polytechnic Grant 22,200.00
College Work-Study 1,500.00
Pell Grant 695.00
Perkins Loan 1,000.00
Direct Subsidized Loan 3,500.00
Direct Unsubsidized Loan 2,000.00
Recommended Parent Loan 28,675.00
Academic Year Totals 59,570.00 </p>
<p>now my parents make less than 90k a year and have not great credit. Two years ago when my older sister needed it my parents got denied for the parent plus. Now there are 3 children going into/in college. My mom also is now a dislocated worker. They won't do anything until my parents are denied the plus loan (resulting in 4k more federal unsubsidized loans) and my mom's been unemployed for 5/6 weeks (again less than 5k)
my EFC is less than 5k (4925 to be exact) but this means I need to come up with 20k</p>
<p>The actual cost (tuition, fees, room and board) works out to 54828
loans & grant total (once the plus loan is denied) 33395</p>
<p>so my actual debt to the school will be 21433
which on top of I'll need to plan on several thousand for transportation, my laptop, books, supplies, stuff, etc</p>
<p>So understandably I'm freaking out at this point because I'm not sure I can get 4 cosigners at 21.5k. NYU Poly is my dream school and at this point my only other legitimate option would be UB. I really disliked the idea of UB even before finding NYU Poly. I've read that the DoD, NASA, NSA and some other federal agencies have programs that'll pay for up to the last 2 years and of course there's ROTC and a ton of various scholarships but most of the deadlines have passed.</p>
<p>This institution has offered you an unaffordable aid package. Kick it to the curb and move on. </p>
<p>If UB is your only affordable option, do your level best to find something likable about it, or start thinking about how you are going to spend a Gap Year while you come up with a new list of places to apply to.</p>
<p>This is a prime example of why you never apply ED when aid is an issue. </p>
<p>ROTC deadlines are way past. ROTC is not a way to pay for college. It is a calling. Students who try it to pay for school almost always wash out. </p>
<p>This school is totally unaffordable for you I’m afraid.</p>
<p>I’m really not sure what my other options are is the issue. RIT would work aid dependent, the only thing I haven’t liked about it is it’s proximity to my family, which might become an advantage; not living on campus would save some money.</p>
<p>I’m torn because I really, really want to go to poly but clearly can’t afford to. At this point a SUNY or CUNY is what I would assume to be workable, given that some of that aid is basically transferable.</p>
<p>I’ve thought about AFROTC (and even the academy) before but decided it would be too much of a hassle as a glasses wearing, currently out of shape student that fell a little short for the academy grade/score-wise.
I didn’t think aid would be so big an issue, I just kind of stupidly assumed that as a b+ honors kid I’d at least be able to go to some good schools, maybe with hefty loans but at least possible.</p>
<p>I’m just amazed that they can’t/won’t do anything, except point out their policy requiring 5 weeks of unemployment and the federal policy on declined plus loans.</p>
<p>It’s still not completely merged with NYU so I thought it’d be okay. Still separate financial aid and registrar.</p>
<p>It was my dream school, I’m still having some trouble coming up with other schools knowing how nice it is. I’m really boned because I was so set on it that I didn’t bother to create a backup plan</p>
<p>Here are some things to take into consideration:</p>
<p>The COA at a SUNY is roughly $20,000. The bulk of that cost is room and board. The actually tuition is under $7,000 which is very affordable. </p>
<p>At a SUNY you will probably get no other aid besides Pell and TAP unless you qualify for some scholarships they might have. But those are very small. </p>
<p>If you can commute to a SUNY go there or if there is another local school that might provide merit aid.</p>
<p>What is it with NYU? They’re a pretty well endowed school, but from what I’ve seen they’re pretty stingy with their FA.</p>
<p>And yes I agree with the others, time to kick NYU to the curb because no undergrad program is worth piling a mountain of debt on yourself. And absolutely DO NOT enroll into ROTC unless you’re absolutely sure that’s what you want to do. Because based on my experiences in the Army, both the enlisted and higher ranking officers are perfectly capable of making your military career no matter how brief a perfectly miserable one should they ever suspect you’re just one of those butterbars who only did it for college.</p>
<p>The only SUNYs I could realistically commute to are MCC and Brokport, anything else is like 1 hour plus. Isn’t federal aid based on COA not just tuition?</p>
<p>I wouldn’t do ROTC right now unless it was the difference between my dream school and a school I disliked with a passion or a community college.</p>
<p>Hi!
I’m in the same boat as you except I’ve been accepted to NYU tisch and NYU is my dream school and they’ve also given me an unaffordable financial aid package. I understand how difficult it is to let this school go but I’ve realized that taking out that many loans will ruin my life and it will ruin yours too. Think about the money they’re asking to take out in loans could ACTUALLY be used for in your future…your house, car etc. SUNY schools are good schools and maybe you could do grad school at NYU if you get a better financial aid package then.</p>
<p>You cannot afford this school. You have over $10K in the federal loans, Staffords and Perkins combined if you get the additional $4K from the Staffords. </p>
<p>Aren’t you eligible for some money from TAP? If you are Pell eligible, you might get something from them, but nothing close to what will close that gap. I think commuting to Brockport is your best option, or looking at UBuff if that is still an option. With Tap, Pell, and the full Stafford, if you find a job now, and work there, you just might be able to make a go of it, and after freshman year, or even maybe for freshman year, there is a lot of cheap, dirt cheap off campus housing with a lot of students going that route. It’s $20K to go to a SUNY with full room/board taken, so you still have a gap.</p>
<p>IF you talk to UB, they may give you a $2500 grant as well. My son got it even at the 11th hour. Depends on your stats.</p>
<p>I’m really hoping RIT has some good aid at least for spring
might do a semester at MCC and transfer
Stony Brook would be really nice I could probably get in for the spring especially if RIT isn’t viable</p>