<p>I am a junior in high school, and i am planning on attending NYU Tisch with a double major in journalism as long as i am accepted. My family is middle class, and makes over 100k a year, but since i am an only child i don't think i will get much financial aid, especially since NYU is known for not getting much. </p>
<p>Now, my parents are very worried that i might not be able to attend if we can't afford it. So i would really like some advice on what to do to be able to afford the 60k a year. Please help!</p>
<p>If your family income is $100k, you will have a FAFSA EFC between $25k and $33k or so…and this is the MINIMUM your family will be expected to pay for NYU. You might want to check to see if it’s even possible to double major in journalism as a Tisch student. </p>
<p>As you noted, NYU is not well known for their generousity in the financial aid department. Some students do get decent aid…but others do not.</p>
<p>I would suggest that you cast a broad net in terms of colleges. You want to have an affordable option in cast the money doesn’t come through at NYU.</p>
<p>Please also realize that admission to Tisch is highly competitive, so you’re going to have to develop a list of schools that are also reasonable from an admissions point of view. It’s foolish to get your heart set on a school that is difficult to get into AND stingy with money. I don’t know what you want to do at Tisch, but be assured there are many other schools that will provide you with great opportunities in your chosen field.</p>
<p>Thank you! and it is possible to double major in Tisch and journalism as long as tisch is your primary major. Actually, now NYU requires their students to double major when majoring in journalism.</p>
<p>Double majoring in NYU. That is a financial nightmare. </p>
<p>Do you have a college fund, or any savings (parent’s included)?</p>
<p>Tisch is pretty competitive, like intensely competitive. It’s one of the only schools that get potential physicist who do fine arts instead. Consider other colleges as well.</p>
<p>As MommaJ pointed out above, “there are many other schools that will provide you with great opportunities in your chosen field,” even if they don’t have a dramatic writing “major.”</p>
<p>Since you have to know how to do research in order to be a journalist, why don’t you get some practice by researching what other affordable schools are out there that would allow you to pursue your dream? You may be surprised what you find . . .</p>
<p>No one here can find a way for you to pay for a $60,000 a year school. The best advice is to go ahead and apply - maybe you will be one of the rare lucky students to get good aid and scholarships from NYU. But make sure you apply to a range of other schools that you can afford. Don’t get so fixated on a dream that you miss out on viable alternatives and end up with nowhere to go this time next year.</p>
<p>My first thought was also SUNY Purchase’s playwriting program. All their arts programs are highly regarded. I don’t know if you’re a NY resident, but the SUNY’s are a pretty good deal even for out-of-staters. I see Emory has a joint degree program in Theater Studies and Creative Writing expressly geared to those who want to do playwriting. </p>
<p>I reiterate that it’s foolish to set your heart on a school that has highly competitive admissions and poor financial aid. Nothing personal–it’s foolish for anyone to set their heart on any school other than a safety. Why set yourself up for misery? It’s fine to have a long-shot that would make you happy, but you have to be content with the reasonable alternatives. It may be hard to accept, but chances are high that you won’t be attending NYU–time to work on alternatives rather than getting hung up on one school.</p>
<p>3.9 unweighted GPA and 1900 on SATs. I just visited NYU and most students who double major graduated within four years. Any advice on getting scholarships and loans? and with loans which type of loans are the best. I have looked at other schools: Purchase, Point Park University, Emerson College and Pitt, and i wouldn’t be totally heartbroken attending one, however, NYU is my number one and if i were to be accepted i would do everything in my ability to pay for it; that is my reason for asking. I am aware there is a chance this wont happen, and i might not even get in, but if by some chance i were to i would need to find a way to pay.</p>
<p>You will be eligible for $5500 in federal direct student loans as a freshman and a little more each year after that. Those are applied for via FAFSA.</p>
<p>Scholarships would be through the school, but i have heard very few stories of students getting generous scholarships from NYU.</p>
<p>This is the part you need to rethink. You have to set a limit on how much you can afford. And if NYU admits you, but doesn’t give you enough to make it affordable, you have to be willing to walk away.</p>
<p>If it’s private scholarships you’re wondering about, even if you won enough to cover your first year (and that would be miraculous!), private scholarships are usually good for one year only. So that would be that - one year paid for and then you’d have to quit.</p>
<p>Since your SAT isn’t nearly high enough for merit at NYU, you’ll likely be expected to pay full freight…about $60k per year</p>
<p>Not only would you not be able to borrow that much without qualified co-signers, it’s probably unlikely that your parents would unwisely let you borrow that much because it would ruin your life and likely hurt their credit.</p>
<p>Private scholarships are very unlikely…they often have a need component, are for SMALL amounts of money, and ONLY for freshman year. So, getting ONE TIME awards for a couple thousand (if you’re lucky) will not pay for college.</p>
<p>How much do you think you’ll be earning when you graduate???</p>
<p>How much will your family pay each year? If you don’t know, ask them. </p>
<p>the bottom line is that if your family won’t pay and won’t co-sign, NYU won’t be affordable.</p>
<p>My parents are willing to pay as much as they can, and then co-sign/ take out loans themselves to help me pay. They also have great credit. I’m not sure how much is realistic to take out in loans both for my parents and myself.</p>
<p>Also, i would really appreciate it if someone could give me advice on what they would do to actually pay for the college. I am aware that not attending is an option, and probably is the better option. I would like to know, however, what exactly to do if i was going to try to pay for it. I am not saying i will choose this option and i’m not saying i wont.</p>
You are eligible for $5,500 federal direct student loans as a freshman. That increases to $6500 as a sophomore, $7500 the following years
Any merit scholarships you may earn. (NYU is not overly generous in this area)
Any need based grants NYU may give you. Your family earns too much for federal need based grants. NYU is notoriously stingy with need based aid. We frequently see poster on CC that have 0 EFCs and are offered only the max federal Pell grant ($5500) and the rest of the aid offered by NYU is loans
The balance will depend on your parents and what they can pay out of pocket or borrow (or cosign for you to borrow - you will not be able to borrow private loans without your parents cosigning the loans as the banks want someone with a good credit rating and assets they can go after if you have difficulty paying the loan payments)</p>
<p>Those are your options and the majority of the cost will likely land on your parents. </p>
<p>You may be one of the lucky few that gets reasonable aid from NYU. All you can really do is apply and see what you are offered.There is no other mysterious magical source of money we can tell you about. What exactly are you expecting?</p>