Financial Aid

<p>Do you think I'd be able to get get $30,000 or more from FA (without loans)? My EFC is about $30.</p>

<p>I'm thinking about ED. However, I'm really worried about how much FA I'd receive. Is NYU's FA system really as random as they say? </p>

<p>What happens if you cannot afford NYU, but you're accepted?</p>

<p>You don't go like so many other kid that get in and can't afford it. NYU is notorious for their FA. You have to be very realistic when you apply to this school.
A good part of the FA package that I have seen from NYU is mostly loans and WS. The average sholarship/grant is 20,000. Even people with very low EFC have difficulty. Now on the other hand what kind of student are you?</p>

<p>If you are really worried about financial aid don't even apply ED, it's too much of a risk.</p>

<p>
[quote]
The average sholarship/grant is 20,000.

[/quote]
</p>

<p>That figure is the average financial aid package, including loans, not the amount of the average scholarship/grant.</p>

<p>To the OP: you are obviously one who will need to compare financial aid packages in order to determine which college you will be able to attend. Early Decision is not designed for individuals in your situation.</p>

<p>Well, I'm an average kid. :\ I was just wondering though.</p>

<p>Also, what I meant by "What happens if you cannot afford NYU, but you're accepted?" was if you got accepted ED... you pretty much have no other options besides NYU (even if you cannot afford it) right?</p>

<p>Would it be wise to ED to schools with 100% need met, or is ED out of the question for people like me?</p>

<p>"That figure is the average financial aid package, including loans, not the amount of the average scholarship/grant".</p>

<p>Oops! my bad. Thanks for the correction.</p>

<p>People I know who were accepted early decision received little to no financial aid. I was on the waitlist and got accepted later. I got a lot more than they did (19k in scholarships/grants and 6k in student loans). My advice is to apply for regular decision.</p>

<p>Does the original poster mean to say that her family's EFC is $30K? I don't think anyone can count on getting $30K in financial aid without loans from NYU. NYU does not promise to meet 100% of need.</p>

<p>my son received 30K in scholarship from NYU. My efc is about 11K (no Pell grants, obviously). He had loans of 5900 (perkins and stafford) last year and 6900 this year. I'm still paying more than my efc, but NYU does have scholarship money for high need students that are in the top % of applicants.</p>

<p>FA statistics from collegeboard
College</a> Search - New York University - NYU - Cost & Financial Aid</p>

<p>It's best to get this information from NYU itself and not from CollegeBoard.</p>

<p>NYU</a> > Undergraduate Admissions > Explore NYU > Fast Facts</p>

<p>Jen, although a very few students, like Sue's son, do receive a good amount of scholarship and grant money, no one should count on that. NYU does not promise to meet 100% of need and no one should expect that they will. Early Decision is for students who have a definite #1 choice of school and who do not have the need to compare financial aid packages. It is not a good idea to go into Early Decision without the intention of attending if you are accepted, regardless of what financial aid you are offered. Do kids do it? Yes. Is it a good idea? No. If you love NYU, apply regular decision along with the rest of the schools on your list, and wait and see who offers you what! A much better position to be in, come April 1. Best of luck to you!</p>

<p>My family EFC is thirty dollars. :X</p>

<p>I will apply RD rather than ED. I guess I will have to see what other schools have to offer me as well. Tuition IS pricey. :&lt;/p>

<p>Thank you for your input!</p>

<p>I'm under my divorced dad's EFC, it's about 15K. I'm hoping NYU gives me 30K...that or I get into HEOP</p>

<p>it is possible that you can get $30000 from FA at NYU.</p>

<p>No. It is not. Don't get your hopes up if you can't afford it. People have small chances of even getting up to $20,000. Don't apply ED if you think that's not enough. I would know. :.|</p>

<p>It is possible, but not probable. But you never know til u apply.</p>