I hate NYU's financial aids...

<p>Perhaps only taking the FAFSA into consideration has had an affect on this whole process? I'm only speculating here.</p>

<p>calmom, I swear, it's as though you're typing everything that's on my mind. I'm glad to know I'm not the only one who feels the way you do. Thanks.</p>

<p>I think you are right -- I had thought that NYU's aid might be better for us because our FAFSA EFC is much lower than a need calculation that takes into account our home equity and my daughter's father's income..... I had figured out that an award that met, say, 70% of our FAFSA EFC could end up equalling an award of "100%" need from a college that was pretending that my ex-husband was going to help out. But the NYU award just doesn't come close - I think maybe it meets about 30% of need for us. </p>

<p>So I do think that if they used CSS/Profile they would find that the task of meeting 100% need for all students would be less daunting -- but then again, if they aren't even going to try, why force us to give the College Board another $18. I mean, at least NYU didn't charge us any money or make us do any extra work to apply for financial aid they didn't expect to be able to give.</p>

<p>
[quote]
So sorry for the delay. As you can all imagine, things are particularly busy in our office this time of year. I'd like to respond to some specific points, but first, let me just put something in perspective. Our inability to meet full-need is not because, as has been suggested by a poster here, "there really is no incentive for NYU to offer large amounts of financial aid" since our high demand means we can "admit enough kids that are willing to pay full tuition." I think sometimes families forget that as an Admissions Committee (and Financial Aid Office) there would be nothing we would love more then to be able to offer better financial aid packages. We feel very strongly about the students who we have offered admission to and as human beings who have dedicated their professional lives to education there is nothing more frustrating then knowing that many talented students will not be able to attend our school because of the expense. It's not a matter of not wanting to offer better packages, it is simply a matter of not having the funds to do so. It is nearing offensive to suggest that our school has funds that we are not making available to students because of institutional greediness.

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<p>Youre right. Thanks for your compassion, I completely understand.</p>

<p>I'm in the same boat as a lot of you so I understand.</p>

<p>I appreciate that an NYU rep took the time to post and explain a few things, but now I'm just frustrated and angry at... no one. It's very unnerving.</p>

<p>It's not like I can't go back for grad school or anything, but I'll have to go through the whole admissions process again... and then there's the possibility of not getting in...</p>

<p>Ugh. Freakin' money.</p>