<p>Hi, im currently a senior who's planning to ED to some schools.
I live in NY and is not wealthy.
From what i heard, if you ED to NYU, the schools not going to give you that much of aid because they know you have to go there.
is it true??</p>
<p>and how much aid will i get?
my family has an income of 50,000 and i need alot of aid....
my grades are not spectacular, just enough to get into nyu i guess..
please help me.</p>
<p>That is not true. Although it is rarely mentioned, you CAN reject an early decision acceptance if the financial aid package they offer does not satisfy your needs.</p>
<p>According to NYU’s website, "admitted students will have roughly 2-3 weeks to review their financial aid package before confirming their enrollment at NYU. " and “NYU uses the same methodology in providing financial aid for Early Decision candidates as we do in providing financial aid for Regular Decision candidates. Students are not offered more or less financial aid based on when they apply for admission.” </p>
<p>Like I said, "Students will only be released from the Early Decision agreement if they believe their estimated financial aid package does not enable them to attend. "</p>
<p>Just be aware…NYU does not guarantee to meet full need of its accepted students. Many times there are significant gaps between the cost of attendance and the aid provided, leaving students/families with thousands of dollars to pay. Just an FYI.</p>
<p>It IS possible that you will get enough aid to attend, however. There are students who do get enough need based aid to attend NYU.</p>
<p>What are your stats and to what college are you applying?</p>
<p>NYU typically gives horrible aid NO MATTER if you’re applying ED or RD.</p>
<p>Some of NYU’s colleges (not all) give some merit scholarships for very high stats. Rarely does someone who has a lot of need get all of it met.</p>
<p>my grades are not spectacular, just enough to get into nyu i guess</p>
<p>NYU tends to give its aid according to merit.</p>
<p>I hope you have other schools in mind…</p>
<p>You based on what you wrote, you will probably get a TAP award, if you have other siblings in school, you may be eligible for Pell. You have stated that your grades are not stellar, so merit $ is most likely out of the question. You will most likely not be financially eligible for HEOP. I am also in the camp that you most likely will not get a lot of if any $$ from NYU.</p>
<p>Yes, you can reject the package if NYU does not offer you sufficient aid. However, by the time NYU releases you from your ED commitment, you could be in jeopardy where you other applications are concerned. </p>
<p>The basic premise of ED is that in exchange for an early decision, if accepted you will attend. You are also signing that once you are accepted, you will withdraw all applications and you will not make any new ones. </p>
<p>At my school, if a student is accepted ED, while they may have applications out to other schools, the process does not go forward (transcripts recommendations letters) until the school receives written confirmation the the ED school has released the student. Remember GC’s/school administrators have to also state that you understand what the ED process entails.</p>
<p>Correct me if I’m wrong…but I thought students COULD apply to other schools (Rolling admissions ones, for example) while applying ED…but if they accepted the ED offer were required to withdraw all pending applications and acceptances. They cannot apply to TWO ED schools at the same time…but students do apply ED and then to other schools at the same time.</p>
<p>This student, however, sounds like they need some good financial options to consider. The trouble with an ED offer is that you don’t know whether it will be your best…or worst offer because you have no others with which to compare. </p>
<p>When finances are a significant consideration, it’s my opinion that applying ED to a school that does not meet full need is not a good way to go. I would say that applying ED is not a good way to go.</p>
<p>I know students can apply to Rolling schools…I think they can apply to others also when applying ED. I know Calif kids apply ED and apply to UCs and CSUs since those apps have to be in by like Nov 30th or so. </p>
<p>One problem is too many kids apply ED and then wait to see the results, and then they often miss the early deadlines for merit scholarships at other schools.</p>
<p>Since this student has said that his stats aren’t high and he has very high need, NYU is not likely going to work so effort would be better spent elsewhere…especially if he has a limited number of fee waivers.</p>
<p>hmm…thank you everyone for your opinions.
they have been really helpful
seems like im going to have to try RD and try other schools as well…
thanks everyone once again.</p>
<p>Our school sends out transcripts for rolling admissions schools, but nothing is sent out for RD until the ED decision comes in or there is written confirmation that the student has been released from ED.</p>
<p>I believe some people apply EA as well as ED… I’m not sure if they are allowed to though.</p>
<p>I suggest you speak with your guidance counselor about it.</p>