@RB55 what was your gpa?
Parent here: that is probably the worst thing you could do to her. Just don’t do it.
btw: NYU is quite clear on their website: don’t apply ED if you need FinAid.
@GiannaC3 thank you! I looked at the bank for it and it is renewable each year! Hope to see you next year!
4.5 @GiannaC3 I emailed my admissions officer and the finachial aid office last night so I’m just hoping they can change it now.
does anyone know if they mail out acceptance letters?
@bluebayou Thank you. As a parent, I realize that I have really messed up. I have much guilt now. I didn’t do my homework on their financial aid.
@wakawakapowpow I’m curious too. So far, I’ve only received a congratulation email. The acceptance letter was from the Albert decision tab.
barkely: the Big City is extremely attractive to 17/18-year-olds, and particularly HS girls (which as a dad I can’t figure out).
Nevertheless, NYU has plenty of families willing to pay sticker to send their kid to the Village. As a result, the school does not have to compete on need-based aid. There are even some that foolishly – in my opinion – assume a bunch of debt to send their kid to NYU. Fine school, but hundreds of thousands of debt is just crazy.
@bluebayou I agree. I told myself that if they gave me anything less than $45,000 a year, I wouldn’t go. I don’t think the debt is worth it, and what made my decision so much harder was the fact that I received a 100% tuition scholarship for any Florida school (I’m a Florida resident), so it was hard to decide if I wanted to give up staying in-state and remaining debt free, or go to NYU to follow my dream.
Does anyone know when they are mailing out the acceptance packages?
I didn’t get much financial aid. I thought it was going to be $37,00 a year, but it was $37,000 a SEMESTER. Is there any way I can appeal for a scholarship? Can someone please help me? NYU is the only school I applied to so far and its my dream.
isn’t 37k per semester better than 37k a year? thats 74k a year @strangertingz
@bluebayou I appreciate your comment. I know that it is a wonderful school, and I too see the attraction as well as the benefits. However, we are a farming family in rural KY. There is simply no way that we can help her with those excessive payments that she will have one day. As a parent, I realize it is my job to protect her in the future. She sees it as if I am trying to hold her back. As hard as it is, my husband and I are having to tell her that we can’t sign those loans. My brother in law is coming today to talk with her and help her try to understand. He is a straight shooter but does it in the best way possible. He owns several businesses and plans to discuss the financial angles with her. Wish us luck.
Gianna: debt-free is awesome. Throw a couple of hail mary’s to private schools with generous need-based aid. (NYU has never been one of them.)
barkley: get those RD apps ready to go. Make sure that she applies to some financial safeties.
@GiannaC3 Yeah I’m a Florida resident as well, if only we could use bright futures out of state
@bluebayou We are on it! I appreciate the advice.
@minimalistkid no, 37k a semester is not better than $37k per year. Remember, there’s two semesters in a year at college so that will be 37*2 which is $74k per year. If NYU only cost $37k per year, I’m sure more people would’ve had some kind of a chance to pay for it, whereas $74k per year is insane!!
Someone warned me not to apply to this school unless I was sure that I’d be able to decline my offer due to poor financial aid. I was hoping that they’d be wrong, but unfortunately it is a reality for many.
@GiannaC3 its not 74k per semester its per year
Gianna: does your family have $25k per year to contribute to NYU? (With an efc that low, I’m guessing that the answer is no.) If not, I would submit that you cannot afford NYU. Don’t forget, that tuition and fees will likely increase ~5%/yr over the next four years.
Do not decline the Fordham offer until you see what financial aid they might offer.