<p>I applied RD and am hoping to attend CAS next fall, but I'm really worried about the financial aspect of it all. My parents are middle class (about $120-$130k combined salary) so naturally my EFC is sky high, but there's no way my parents can actually pay it. Current students or ED acceptees, what are you doing?? Especially those from middle class families.. thanks!</p>
<p>loan. and outside scholarships.</p>
<p>nyu doesnt give out much in terms of need-based aid, especially for middle class families...your best shot would be a scholarship, but unless your stats are amazing, i doubt you, or anyone else for that matter, would have a shot.</p>
<p>i hope to pay for it through man whoring </p>
<p>or 50-60k in loans</p>
<p>Your parents' income is not as low as you seem to think it is. I would expect that they could pay a significant portion and the rest could be covered with loans. Get a job for pocket money, and save money by cutting out junk expenses where NYU cashes in big time on the sly: ie - save the phenominal fees for housing by going off-campus and regardless of where you stay, DO NOT get a mealplan. Mealplans and dorm fees are like writing NYU alumni cheques.</p>
<p>Yeah, with that combined salary, your parents should definitely be able to afford a good chunk. Doubtful you'll get much if anything in needbased aid. I was fortunate enough to get a large merit scholarship but I know there aren't many of those. The rest will be in workstudy, summer jobs, and loans. </p>
<p>Daniel, while I agree that mealplans are a rip-off, if you're staying in a traditional dorm, you have no choice. A minimum mealplan is required.</p>
<p>i am international student - any ideas how I can pay?:P</p>
<p>Your parents have an income that is clearly above average. $120-130K a year would not be considered middle class for college financial aid purposes, unless your parents have like 6 other kids. However, I'd venture you'd still get some fin. aid from NYU, though not a full scholarship...doesn't hurt to appy for aid and just see. In addition to need based aid, NYU also provides nice merit scholarships if you are competitive. Your parents should be able to cover a good part of the tuition, you may need some loans, but it shouldn't be bad at all for you. Worse comes to worst, you'll need to take some loans, and then just go into a high paying occupation after NYU to pay them off fast. </p>
<p>I have disagree with the previous poster re: dorms. The NYU dorms and a mealplan is going to be wayyyy cheaper than finding your own housing in Greenwich Village and eating out. Decent Manhattan housing is astronomically expensive, and food is pricey as well, especially in the posh area where NYU is. Another problem with an off campus place is that leases to apartment are 12 months, but you're only in school for 9 months, so either you'll have to stay there over the summer when you're not even going to school and throw away 3 months rent, or sublet the place (this might not even be allowed for some apts). </p>
<p>An NYU dorm (perhaps a low cost triple) will be your best option unless you want to a) slum it really bad or b) go outside of Manhattan....neither of which are good ideas nor as much of a fun time as the NYU residence halls....which are known to party hard. </p>
<p>Good luck.</p>
<p>tedjj, unfortunately, as an international, you won't get any federal aid. NYU also has very limited merit aid for internationals. I have two friends who are international students and when they were accepted, their families had to provide documents proving that they had sufficient funds to pay full costs to NYU. If you can't provide these documents, then NYU will not issue the forms necessary to obtain a student visa.</p>
<p>yeah, but the thing, is my parents really CAN'T afford it... my parents don't have six other kids (just 2) who are younger than me, but I really couldn't expect my parents to take out a second mortgage just for me to go to NYU...</p>
<p>I'm in the same boat as you iheart. upper-middle class at around $120k, but nowhere near enough to pay for it. I'll give you a rundown of my financial aid for this year as a heads up:</p>
<p>Federal Loans (Stafford & something else): $5000
Stern Merit Scholarship (for Scholars program): $6000
Work Study: $4000
Mom & Dad: $15000
CitiAssist Private Loan: $20000</p>
<p>Work Study does NOT count towards your tuition, it's just for spending money. My parents have 60k each set aside for me and my brother, so as tuition rates go up, my private loan will go up as well. I'm expecting to graduate at around $120,000 in debt depending how high tuition hikes go. I'm in Stern, so paying it back, while hard, will not be as hard as if I had majored in liberal arts. I'm planning to save enough working in IB for 2 years to pay off monthly loan payments while I go to law school.</p>
<p>Although, for anyone going to law school, I have a friend who's a 2L here and he gets paid $50/hr to be a Kaplan LSAT tutor, so do well on your LSATs (i.e. 170 and up).</p>
<p>Money is a big issue at NYU, think about it before you decide to burden yourself with that much debt. To put it in perspective, I'm looking at monthly payments of around $1200-$1500 a month after graduation. For me though, it was either NYU Stern or 2 years at Penn State - Berks campus before going to main...heh...tough choice, New York or 2 more years at home.</p>
<p>im only going to be 50-60k in debt, not that bad</p>
<p>20k scholarship a year, 40k from family</p>
<p>yeah, for me its either NYU (GSP) or PSU main.... I know where I'd rather be but PSU's about half the price. we'll see what happens......</p>
<p>My family combined gets a very low $32,000 per year. How will someone like me pay for it? We have $0 worth of everything and very little in our savings account.</p>
<p>NYU is one tough nut tuition wise. They are need blind but they do gap. They do give merit money for those they want the most, but unless you are one of the lucky ones, there really is not much money available. And they are very strict about payments. My son's friend is sitting out a semester because his family just cannot get the money together to pay. He will work, tutoring, busboy, and a 40 hour a week job and hopes to make about $15K by September for the next school year. He is also taking comm college courses on the cheap, took extra credits last term, has some APs so the semester won''t put him behind. His parents are going to try to save $15K somehow, passing the hat among relatives, going on an austerity regiment, and the mom is taking on some extra work as well. That way they hope to have $30K to pay the tuition. He will have to commute and work for expenses. The next years after that will be a combo of loan, work and a very tight budget. He did not get any financial or merit aid. This is what it is going to take for him to get through.</p>
<p>why doesnt he just take out loans like everyone else?</p>
<p>My parents, combined, made 30 K this year. Yeaaaaaa!</p>
<p>My mom is a single-parent, teacher, 2 high school kids (I'm one of of the two), makes $40,000. She's a proud person so she never asked for child support. Will I be able to afford the cost? I filled out the FAFSA and sent scholarships but I'm afraid they might not completely cover everything.</p>
<p>so buddy, we are in the same situation (expect for the fact that your mother makes 10 k more than both of my parents). i don't think i could go unless I get at least 25 K from the University, which is almost impossible. God punishes the poor.</p>
<p>loans</p>
<p>everyone has loans</p>
<p>many people graduate with 100k+ in loans from nyu.</p>
<p>Truth is that NYU is not generous with financial aid. I guess it surprises me that so many people who need a full ride even bother applying because it just does not happen at NYU. And that is pretty well known. It's loans and debt bigtime if you don't get one of the big merit scholarships. Even then, it won't cover everything.</p>