I hate NYU's financial aids...

<p>The reason i probably wouldn't goto NYU (if i am accepted, that is) would be because of the money.. Ive been accepted into USC so that's probably where i would go...</p>

<p>i just recieved my admission packet to stern this morning along w/ my financial aid.. 10grand in scholarships... then a disgusting amt in highinterest loans. shoot me. work study gives me nothing to fill the pit of debt i'd be in. hopefully Ross will be kind enough to accept me this month. congratulations to all of you who got in - what an accomplishment!</p>

<p>I got nothing but loans, goodbye NYU!</p>

<p>30K in loans; my parents can pay about 15 a year, so that'll leave me 60-80K in debt. </p>

<p>I also got a $7500 CAS Scholarship, and a 1000 Provost Grant. I still think it's worth it though.</p>

<p>Here is my package:</p>

<p>$24,000 in loans + $,000 in work study and the rest is grants (about 8,000$)</p>

<p>Would you go there for this amount? I dont know if this is a good deal :(</p>

<p>My NYU financial aid was pretty good actually, on par with brandies, bigger than BC</p>

<p>I still haven't received any decision, but I am hopeful...and I have a question for you all.</p>

<p>Should I take up max loans for Stern or go to a not that selective liberal arts college that gives me almost a full ride (I am an intel and I don't have a state school option)? I mean should I save up my money and spend it on B-school? I am afraid that if I go to a lesser known LAC in a hidden college town I will lack internship and research opportunities...and then when I will graduate I will be left with difficult hiring availabilities. But then again, if I go to a big school like Stern, I will probably become an anonymous student among so many qualified people (EC wise and so on), while at the LAC I will probably be able to build up a better file for B-school regarding ECs.</p>

<p>Please give me some advice...I have no idea what to do or whom to turn to for tips.</p>

<p>Maxy, go to the LAC. You are right - the better connections through Stern will be offset by the more intense competition. The loans will be an enormous burden. Work hard at the LAC to keep up your grades-- then if the degree isn't pretigious enough for you, go for an MBA at some place affordable.</p>

<p>me too, I'm from Canada and got in Stern but in the accpetance letter I didn't find any financial aids. I have to live on my own and I'm wondering if it is worthwhile to incur US$200k loan to get a Stern degree after 4 years or just get a business degree in Canada as I 've got scholarship to cover all my tuition and living expenses.</p>

<p>Please comment.</p>

<p>14k in grants/scholarship from CAS and provist, and the rest is loans n work study... ugh 29k a year in loans... I can't decide if that is worth it.</p>

<p>ugh! about $8500 grant, $5000 work study and, thus, a total cost of $30,000... pointless offer and although NYU is my first choice I would never be able to make this work...</p>

<p>I need to take $100,000 in loans...and my parents won't let me. I've had my heart set on NYU for years.</p>

<p>If I ever become a billionaire, I'll give money to people like you.</p>

<p>The Admissions Committee at NYU certainly recognizes that the cost of enrolling at our school can and does play a role in an admitted student's decision to attend NYU or not. As with many colleges, students who are admitted to NYU (and their families) must determine how much they are willing to contribute towards a college education each year - whether this is up-front or in the form of student or parental loans. Only you and your family can determine what you are personally comfortable with investing in a college education.</p>

<p>At NYU our financial reality is that as an institution of higher education we do not have the economic resources or the endowment to meet full-need for our students. I am very surprised to hear that people believe otherwise. The lack of a substantial endowment has been a challenge for our school since the early 1900's. Indeed, our former Washington Heights Campus and Engineering School were sold in the 1970's to prevent the University from going bankrupt. While it is our goal to make an NYU education an affordable option for families, we realize that this is unfortunately not always possible. We have made an institutional commitment to providing our most financially needy students with the greatest amounts of financial aid, however we are still able to provide over 70% of our undergraduates with some type of financial aid award. While meeting need is not an option for our school, recent work to provide better financial aid to our undergraduates has provided an increase of more then $1000 to our average financial aid package. We also, on average, provide a greater percentage of Pell Grants to our student body then any of our competitor institutions. </p>

<p>Still, we definitely recognize that the amount of financial aid a student has (or has not) received can play a large role in determining if they enroll at our school or not. While we are not happy that this is the case, we do not believe this makes us unique as an institution of higher education.</p>

<p>NYU Admissions: Would appealing to financial aid help? Would it help to document medical or other expenses not covered by FAFSA? Would it help to show scholarships from other schools? Since you are here and listening, your expert guidance would be enormously appreciated. Son still feels Tisch is #1 choice, but he just cannot afford it. He will be at Saturday on the Square this weekend. Can he address anything then? Should he schedule a meeting with financial aid?</p>

<p>We appealed the package and got almost instantly shot down. Tried to talk about numerous financial problems and situations and NYU seemed simply not interested. At all. It was hard to reach a human being. Then the human beings didn't behave in an especially human way. There's a certain arrogance going on at NYU that is disturbing, and that more than anything else, is probably what has to change first. Other schools have universally been more approachable, gentler, more open, more generous, and less expensive. </p>

<p>Not saying NYU is not a fine or reputable school, but doesn't a great university have to also have heart? </p>

<p>As to general programs-- or business degrees-- almost any other good college or university will also offer great opportunities and great teaching. "When the student is ready, the teacher will come." There's no such thing as only one door. My guess is that if NYU doesn't do something to control costs, be more open with its students, address these issues, its reputation is going to eventually clatter downhill.</p>

<p>NYU UGAdmissions, I'm waitlisted at NYU CAS. However, I'm pretty sure when making my decision NYU couldn't review the important updates(corrections in grades) I sent in time. I will write a letter and . Should I fax or mail them? Will that have a great impact on my decision? When should I do so? Is the waitlist ranked? How many are waitlisted this year? Do I have hope at all? </p>

<p>Since I'm very low income, if I do get admitted eventually as a waitlist, will the finaid office be able to give me reasonable finaid?</p>

<p>Sanity, as long as NYU has high demand(35,000 applicants) they will be able to admit enough kids that are willing to pay full tuition or go in debt for life to go to the school.</p>

<p>I guess what i'm saying is that there really is no incentive for NYU to offer large amounts of financial aid. I can't go because of the money, but I wasn't really surprised.</p>

<p>I'm personally not happy with a lot of my financial aid packages but (surprisingly) even though it was mostly loans, nyu was a bit better than most( not he best... but better). My family is going to try and appeal because my dad recently changed jobs and doesn't make nearly as much anymore. Howeer, we don't get it this year.. .we're going to ask how often nyu gives more aid after the first year, if there has been a sig. change like this one?
Does anyone have any insight on that last part? thanks</p>