<p>I wanted to know how exactly to have enough money for NYU. ie like what scholarships, programs, etc? What exact GPA and SAT or ACT score do I need to be offered money.</p>
<p>Thanks</p>
<p>NYU is very stingy with finaid I hear</p>
<p>Do not count on getting enough aid to attend NYU. It’s unfortunate, but it’s a school where most will not have their need met.</p>
<p>What are your stats?</p>
<p>Some of the NYU colleges don’t give any merit aid.</p>
<p>According to the website, those colleges that do offer merit, offer to the top 5%…so that would be very high stats. Even with that, you may still have to pay a lot yourself.</p>
<p>NYU does offer merit awards to VERY high achieving accepted students…those at the top of the admitted student group…it’s not guaranteed based on your stats. They (apparently) look at your whole application for admission.</p>
<p>re: need based aid…NYU does NOT guarantee to meet full need for their accepted students…and they don’t. Typically students see a large gap between the cost of acceptance, and the need based awards NYU offers.</p>
<p>In addition, you need to consider the costs of attending college in New York City…it’s a very pricey place to go to school.</p>
<p>NYU will offer you a full ride “FA” as a parents PLUS loan, where your parents have to co-sign for it. The total COA is around $240,000 in 4 years. The Plus loan carries an 8% interest rate and it is fully amortized the day you took out. You do not have to pay off the loan while you are in school, but 6 months after you graduate, the total amount likely will be around $350,000 of which you are allowed a long time to pay off, its like a mortgage. Unless you have a high paying job, it is unlikely you can get out of it sooner enough to buy your house.</p>
<p>NYU will offer you a full ride “FA” as a parents PLUS loan, where your parents have to co-sign for it. The total COA is around $240,000 in 4 years.</p>
<p>ha ha…I don’t think it’s right to use the words “full ride” when the funding is thru a huge Plus Loan. Any school can offer a Plus Loan to cover full cost of attendance.</p>