<p>Debating on whether or not to apply.
Please tell me what you think.</p>
<p>Not at all. Overrated-hyped university…ask anyone on CC</p>
<p>Total cost of attendance is > $56,000; Princeton Review says that according to student surveys, NYU ranks 7th in the country for “Long Lines and Red Tape,” 5th for “Least Happy Students,” and #1 for “Students Dissatisfied with Financial Aid.” I think the key question is how determined an applicant is to spend four years in Greenwich Village. Other than that, I’d think there’d be little reason for most students to apply.</p>
<p>The only thing that I can think of that explains why NYU is so highly ranked is that it’s in New York, which for some reason attracts many young people. Clearly New Yorkers know something everyone else doesn’t, because the net domestic migration out of New York is staggering. However, here are two (within the past week) media pieces on NYU, both of which talk about students drowning in debt.</p>
<p>[Your</a> Money - Another Debt Crisis Is Brewing, This One in Student Loans - NYTimes.com](<a href=“Another Debt Crisis Is Brewing, This One in Student Loans - The New York Times”>Another Debt Crisis Is Brewing, This One in Student Loans - The New York Times)</p>
<p>[The</a> Cost of College: Dream school, nightmare debt – amFIX - CNN.com Blogs](<a href=“http://amfix.blogs.cnn.com/2010/05/25/the-cost-of-college-dream-school-nightmare-debt/]The”>http://amfix.blogs.cnn.com/2010/05/25/the-cost-of-college-dream-school-nightmare-debt/)
^That one graduated from NYU’s business school.</p>
<p>it is if you can afford it, not worth it if you have to take out loans to go there</p>
<p>Read the gthopeful links. They answer your question if you will be borrowing to go there.</p>
<p>So not worth any big loans. Only worth it if you can emerge with maybe Stafford loans…which is unlikely unless your family can pay.</p>
<p>What’s your family’s financial situation? How much will they pay each year for your education?</p>
<p>If they can’t pay full freight, and you have good stats, consider some schools that will give you merit for your stats. </p>
<p>Keep in mind that NYU, most OOS publics, and many, many privates do not meet need. Some will give big merit, so if that’s what you want/need, seek those schools.</p>
<p>There are plenty of threads on this topic. Academically speaking, NYU is, across the board, among the best in the country and is in no way overrated. If its FA were even halfway decent, it’d be on par with schools like Cornell, JHU, etc.</p>
<p>For those who can afford it, it is a great place to be as an undergrad. But if you need to take out $100,000+ worth of loans, however, it is definitely not worth it. No one should ever take out that much money for undergraduate, whether at NYU or HYPSM.</p>
<p>NYU has several outstanding departments. Art History, Philosophy, Film, Applied Math. Then there’s the Greenwich Village location, which some would consider the ultimate urban setting.
It has no traditional central campus (buildings are just interspersed into the rest of the streetscape). It’s also enormous (>50K students).</p>
<p>It’s an underrated, top university with a number of strong departments and exceptional professional schools.</p>
<p>NYU was nearly as generous to me as the premiere liberal arts school that had accepted me.</p>
<p>I received a 25,000 “Merit” Scholarship, appealed and received another 5,000. The New York State Tuition Assistance Program (TAP), added another 1,500 in grants.</p>
<p>My friend, a Pell Grant recipient, likewise received 25k+5k, 5,000+ from Pell, 5,000 from TAP, 1,000 from an “Academic Competitiveness” grant, etc.</p>
<p>NYU becomes a somewhat bearable burden for strong students from lower middle and working class families.</p>
<p>NYU is an outstanding school.
However, how much you like or dislike it will really depend on your opinion of NYC.
For some people, it’s the ONLY place to go.</p>
<p>*I received a 25,000 “Merit” Scholarship, appealed and received another 5,000. The New York State Tuition Assistance Program (TAP), added another 1,500 in grants.</p>
<p>My friend, a Pell Grant recipient, likewise received 25k+5k, 5,000+ from Pell, 5,000 from TAP, 1,000 from an “Academic Competitiveness” grant, etc.</p>
<p>NYU becomes a somewhat bearable burden for strong students from lower middle and working class families. *</p>
<p>Since only 5% of students get merit scholarships from NYU (and some of its colleges have none to give), no one should count on getting one. Therefore, an overwhelming majority would be paying what you paid PLUS the $30k per year that you got in merit.</p>