Just remember its “not” your money but your parents. They get to choose whether they will pay anything towards your adult life at the age of 18. Legally they are not bound to do anything once you hit that mark. You need to be realistic and work within what your family can afford and within that what they are willing to pay. And no you can’t begin to possibly afford NYU without your parents cosigning loans or writing a check.
Well…if YOU have $80,000 a year to spend on college all by yourself…fine. But you don’t. You are just finishing 9th grade. Start looking at the characteristics of a college…and not some “dream school” idea you have drummed up. There are 3000 or so colleges in this country…and really…more than one should be on your application list…because really more than one college can meet your needs.
Poppycock. Yes, college is costly…but no one…repeat…no one needs to attend an expensive private university to,the tune of $80,000 a year. You are fortunate to have some excellent instate options at a fraction of that cost. Start being realistic. There is a huge dollar difference between NYU and your Texas instate public universities.
Yes, full rides are very rare. And at this point, you don’t even know your junior year GPA or an SAT or ACT score…or your class rank. You need to concentrate on getting excellent grades, and SAT or ACT scores…otherwise, your college options will be very limited…and not just because of finances.
Here is an idea for you. When you graduate from high school…move out of your parent home. Get a full time job. Support yourself. See if you can earn enough money to go to college and support your living expenses. Good luck.
Great…then when you graduate from high school…become an adult…move out. Support yourself. I can guarantee…you won’t be earning enough money to attend NYU. Fact is…if you have to pay rent, utilities, car insurance, food, all other living expenses…because you know…that’s what independent adults do…it’s highly unlikely you will be able to afford even the tuition at your local community college as well.
It sounds like your parents will help you out with college costs instate. Once you have your SAT or ACT score (and they will need to be high ones), and your junior GPA, you can realistically look for out of state schools that MIGHT be affordable if you get merit aid. Perhaps you can get merit aid to bring the cost of attendance down to what instate in Texas will cost.
But this won’t be at NYU…it just won’t be.
How much time have you spent at NYU? Have you taken any classes there? Why NYU? What’s the big deal about NYU?
ETA…what makes you think you will even get accepted to NYU. Their admissions are increasingly more competitive each year. In three years when you apply…you would be smart to have lots of other options unless you are a top student…and you say you are not.
Hey! Community College student here. I just wanted to say there are amazing schools everywhere, and I had the same mentality as you when I was a freshman. I am SO happy I slummed it out in CC because now I will graduate with the exact same piece of paper as everyone else at the school I am transferring to. The only difference- I will have almost no debt!
The parents on this forum are very wise. Bachelor’s degrees will mean very little in 10-20 yrs. Don’t let it define your entire life! If you are hard working, relatively smart, and have a positive attitude, you can make it ANYWHERE. Including Community College.
Now that everyone has answered that you really won’t be going to NYU, how can we help you? What are you looking for, what are your grads and what type of courses are you going to take (STEM,Art, humanities?)? Would your parents be able to help you with texas school tuition (or how much)?
Really, CC is pretty good at finding alternatives (although you are still very early in the process).
“I appreciate them looking out for me but this will be my first decision as an adult and I want to be able to make it myself and handle the consequences like an adult.”
Thankfully, your parents are helping you that your first decision as an adult don’t be a mistake
OP, welcome to the parents giving rising students advice forum. It’s NOT your money, you should appreciate what you have, your lucky to be born………
*you’re
- Why NYU?
Try to convince us. - What classes are you currently taking? What are you scheduled to take next year?
- What’s your EFC?
- Get a book from the library TODAY called Princeton Review’s Best Colleges. Find 10 colleges that you’d never heard of that you definitely could see yourself attending. (There will be hundreds you haven’t heard of, because you’re a freshman still
so finding 10 among the best colleges listed shouldn’t be too hard.) List them in your thread.
“my first decision as an adult”
You are not an adult until 26.
NYU? Why? What’s it known for?
Financially, you’d be better off going to U Houston or Oklahoma.
Just giving my two cents here as somebody who’s been through to the other side.
I, too, have loved NYU and the thought of NYU my entire life. I, too, am from Texas. I am a good student, did all the things you’re supposed to do, and am lucky enough to have parents who are willing and able to bear the burden of my college costs. To make a long story short, NYU is a very, very far stretch for many (myself included), and though I know it’s not what you want to hear right now, there are FABULOUS options in Texas and nearby that are far more affordable and can still give you the experience you want. I will be attending OU this fall with three scholarships under my belt, in their Honors College, and a minimal amount of financial weight on my parents. I urge you to start exploring other options now, because they can surprise you, as they did myself.
Could you give us a little information on what your favorite things about NYU are? Hopefully we can help you with some options as you readjust a bit.
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Read this: https://www.theatlantic.com/national/archive/2013/08/the-expensive-romance-of-nyu/278904/
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It is your future…but your parent’s money. The fact is that college financing is set up so your parents have to pay. Your parents don’t want to pay $76,000 x 4 = over $300,000 for college when there are many other very good, much cheaper options. UT Dallas, as an example, would be around 30,000 x 4 = $120,000
Cost of Attendance NYU: https://www.nyu.edu/admissions/financial-aid-and-scholarships/tuitiongeneral.html
Cost of Attendance UT, Dallas https://www.utdallas.edu/finaid/calculator/index.php
3)You have also chosen a school that awards very few exclusively merit-based scholarships.
https://www.nyu.edu/admissions/financial-aid-and-scholarships/scholarships-and-grants.html
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Also keep in mind that as a young person, you are looking at NYU as your chance to get out of Texas.
How about looking at SUNY schools? They are not that expensive! That will get you to NY state.
As an adult, we see that you can go to graduate school anywhere you want. You can live anywhere you want.
You have your entire life to live in NYC. -
Your parents are doing you a favor by not letting you take out huge student loans.
You CANNOT take out huge student loans without your parents co-signing them…basically stating they are responsible for paying for them if you do not, will not or cannot. I would not take on that risk either. -
What I would suggest to you is to put NYU to the side and figure out what is it you want out of college, what is it you want from NYU, and how can you get that cheaper.
Aside from cost problem, you are a freshman in HS. Please don’t make your HS years a misery by moping around about one “dream” school. You will apply to colleges based on GPA at end of junior year (basically) and test scores. Until you have this information, making a college list is a little hard. Deciding there is only one place you’ll be happy is silly. In the next two years your interests might shift. You never told us what your academic interests are. There might be a much better school for you anyway.
I’m a planner too and we didn’t really look at colleges for our kids until junior year, but sure, go ahead and research. What do you like about NYU? What major are you interested in? After college you can move anywhere you choose, so 4 more years in Texas is not the end of world. Our D went to school in town she grew up in and still she feels like she experienced life in a whole new way with new friends, opportunities and experiences. You don’t have to go across country.
And, BTW, parents here will tell you that you are fortunate to know upfront what your financial parameters are. Read some threads here from panicked kids who find out in April of senior year that they can’t afford to go to schools that accepted them.
Texas parent here. Yes, you have a lot of growing to do but you are on track for your stage in life. MY DD#1 and a kid in our carpool were both stuck on NYU as high school freshmen. As they progress in the application process they realized it wasn’t going to happen for all the reasons stated above.
Apply at UH, UT Austin and check out the other locations, U of St Thomas, St Edwards in Austin, OU, LSU, any schools that would maybe give you aid. My DS attends school in NY but not in NYC, because he found a great school that came with some money to make the budget work.
You are a team with your parents. Keep reminding yourself that you are on the same side.
OP, are you still around?
Even if your parents were willing and able to pay for any school you get into, you couldn’t apply to ONLY NYU. Even if you were a top student. You would still need to find about 10 schools that could get you where you want to go. That is the current reality of admissions. And they can’t all be highly selective, even if you are a top student. You need to have safeties, and matches. Right now you don’t know what your grades and scores will be, so it will help you to cast a wide net and keep an open mind when looking for schools.
People might be able to give you advice beyond the “forget NYU” that you’ve been getting if you told us a little more about your intended major and career path. There may be excellent schools that you haven’t heard of that are niches for that particular major. Without disparaging your thought and research, you need to do some more of both, because even if NYU is perfect for you, you may not be perfect for NYU 3 years from now. And your parents are doing you a favor by telling you NOW that you need to think about finances. I wish we as parents had done a better job at that.
Op, you have lots of time to continue to do research on various colleges. If you are in interested in the very big city experience, I suggest you look at McGill. Highly regarded, you need good stats to get in, and lower cost.
NYU deserves an award for the best marketing and public relations job among universities. NYU has come from the verge of bankruptcy and closure in the early 1970’s to a school that has convinced a lot of young people that it is worth $80,000/year, while giving minimal financial aid.
Yes, it will be your future, but, like with most people, your future choices and opportunities will be limited and constrained by your parents. Like with most people, your parents do not have the money to pay for NYU (unless you somehow get a very rare huge scholarship) or many other expensive colleges.
The crime wave of the 1970s-1980s (when the first thing many people thought of in New York was crime – remember the Escape from New York movie?) probably hurt NYU’s attractiveness to potential college students then. Now that crime is far lower and New York is much more attractive to many people than it used to be, that presumably helps NYU’s marketing.
@ucbalumnus As has NYU’s rise from being a safety college for City College rejects.
You’re certainly allowed to “flat out refuse to attend Community College.”
Just are your parents are allowed to “flat out refuse” to give you a dime for college.
They’re legally mandated to ensure-- or try to-- that you’re in school until you turn 16. At that point their legal responsiblity ends and your responsibility kicks in.
So if you insist that you want NYU, here’s what I suggest.
Graduate high school.
Get a full time job. It will probably be at minimum wage, but that’s OK. FYI, the current minimum wage in TX is $7.25 per hour.
Work full time until you have the money for 4 years at NYU, combined with the cost of room and board in NYC for four years. Oh, and don’t forget the cost of traveling back and forth between TX and NYC a few times a year.Warning: it’s going to take you a LONG time. As others have mentioned, without your parents’ help, you can borrow a total of $5500 per year. That’s a drop in the bucket. The current cost to attend NYU is about $70,000 per year. Do the math to determine how many fries you’ll have to serve to cover those numbers.
Yes, it is, in your words, " MY future, MY decision, and ultimately mostly MY money going into college, if I end up with student loans, I will regard them as MY responsibility for MY actions." But you seem to have forgotten that it’s THEIR money that THEY earned that THEY can spend as THEY choose.
I think I’m going upstairs to hug my kids now.