Going to NYU with an iffy budget

<p>NYU is definitely near the top of my list when applying to colleges next year.</p>

<p>How expensive is life in New York? My family is by no means "poor," but I wouldn't be able to handle the cost without financial aid, which I hear NYU is very stingy about. </p>

<p>I don't want to sound presumptuous, but I definitely think that if I applied I would get accepted. But at the same time, I'm not the type of student they'd vie for, so I dunno how much I'd be able to expect from financial aid. </p>

<p>My family's income is about 100-120k. Do you think I'd be able to afford a modest lifestyle in New York?</p>

<p>It depends on how much financial aid you get, since that obviously affects how much of a stipend your parents are willing to give you. However, I worked maybe 10-15 hours a week for most of my time in college, and that was definitely enough for food, with some left over for misc expenses. As long as you don't go crazy and go out to clubs every weekend, you should be fine.</p>

<p>I went there with an iffy budget. I found that I am coping but it's turned out more expensive than I thought it'd be for day to day things, per year by a couple thousand. This may be my personal lifestyle and the fact that this year I haven't had time to have a job. Actual things day to day aren't that expensive really, but I find that things pile up quickly and I always end up overspending.</p>

<p>oh, and I had no financial aid because I'm international.</p>

<p>I'm wondering about this too. I want to apply EA or ED and I'm iffy about how much aid they will give me.</p>

<p>^ They're only ED. If you're not the type that will be getting need-based aid, don't overestimate how much FA NYU will give. Many people I know, including myself, were highly disappointed with their FA to middle class families. Unless you're on par with those in chances for Harvard, getting merit based aid is quite difficult.</p>

<p>A word to the wise.</p>

<p>gahhh it's SO hard to not spend money in new york...it just flies away! but if it became an issue, you could always get a part time job or babysit to balance things out. but everything nyu students do for fun requires a lot of money because there aren't frat parties and such. a night out can easily pile up to $50 with dinner, cabs, drinks, entry fees, etc., so you have to watch it and let the super drunk girl pay the entire cab fare home.</p>

<p>as far as tuition goes, nyu is bad about financial aid, as everyone here seems to know. if your family is okay with paying the hefty tuition, then go for it, but I wouldn't suggest taking on personal debt for NYU (unless in Stern or Tisch, and even then, it's questionable).</p>

<p>I think that you'll be able to afford a modest lifestyle. Just don't go crazy and work a little if need be.</p>

<p>tisch? who has job security coming out of tisch?</p>

<p>lived in the city. one of the most expensive places imaginable. cigarettes are about $8 just to put it into perspective. however, there is a reason for this. It's a beautiful city with an amazing night life. No one's the same, and I couldnt imagine a better place to be.</p>

<p>With an income of the OP's, how much money do you think the school will give?</p>

<p>you will most likely get work study 4000.00
federal stafford loan for 3500.00
possible federal perkins loan for around 2000.
if your EFC is around 28,000-30,000 (based on that income) you might get 10,000/12,000 grant/scholarship dependent upon the school you have been admitted to. the rest is on your own. EFC 30,000+4000+3500+2000+12,000=51,500 COA. If you get my logic. this is just a guesstimation based on what I know about FA. this is just a general guideline.</p>

<p>just don't go overboard. if cigarettes are expensive, here's an idea, do your lungs and your wallet a favor, don't smoke them. you will probably be going out a lot, but if I were you I would get a part time job and not go crazy.</p>

<p>if your an international student, you won't get any aid. I know it sucks, but I don't really feel bad for international students - my family lives in NY, pays a ton of taxes, and I didn't get FA, so I don't really feel sympathetic for foreign kids who come here and get nothing. Although my friend from London is coming here, and NYC is pretty cheap compared to london.</p>