<p>Hi,
My parents income was about 60k total for 2006. I have one brother who's in college, but he's not listed as a dependent. I want to go to NYU next year which costs 45k/year. Do you think I would get anything?</p>
<p>I think you will. However, I heard the NYU is not a generous school when it comes to financial aid, they may not meet 100% of your demonstrated financial need. So I would apply to several similar schools perhaps Tufts or Emory, mid size school in or near an urban center. Check with the <a href=“http://www.collegeboard.com%5B/url%5D”>www.collegeboard.com</a>.</p>
<p>Agree with Mizo.</p>
<p>With 60K income, you’ll likely end up with an EFC that’s well below the total Cost of Attendance at most schools; depends on a lot of other factors, though, including your (student’s) assets, your income, and parental income. Most of the private colleges will also consider home equity in the calculations.</p>
<p>Also, your brother in college may still be a benefit. Dependent for tax purposes is different than the criteria FAFSA uses to determine the number of family members in college; if he can be counted as a family member in college (and this is possible even if he’s moved out of the family home), it could significantly reduce your EFC.</p>
<p>Use the FinAid calculator to run some numbers.</p>
<p>NYU financial aid packages are not great. They are honest up front and do not promise to meet full need. So I agree that you should get some good aid offers with your family income but only from schools that meet full need.</p>