Nyu merit based scholarships

<p>What scores would you need in order to be fairly likely to receive merit based scholarships At nyu stern? I wouldn't be able to pay that much but I would love to attend. Any current or past nyu students who got merit based and what were your scores?</p>

<p>NYU give notoriously horrible aid. I have a friend at NYU on the deans list with 2100+ scores (Stienhardt) and only got a 1k scholarship. Stern is especially top notch so I wouldn’t bank on money from NYU.</p>

<p>I received the John Paulson scholarship for about 38k a year. I was told this award was based on merit and financial need.</p>

<p>I received 2 Stern scholarships totaling 20k. The scholarships are supposedly half merit, half need based. My SAT scores are 2200+ but I have a pretty low gpa, compared to the typical Stern applicant. And my EFC doesn’t qualify me for any government aid so it’s not too low either. So I was pretty surprised when I got so much money from NYU considering the horror stories of the financial aid department at NYU. Don’t not apply if you’re worried about the money, you never know what might happen.</p>

<p>If you are talking about pure merit aid–by that I mean you have no financial need according to your FAFSA–you would not be eligible for the “merit” aid the 2 posters above have described.</p>

<p>Merit aid without need is extremely rare at NYU–especially since Stern doesn’t give any school specific merit awards. </p>

<p>See the attached link: [url=&lt;a href=“Aid and Costs”&gt;Aid and Costs]Scholarships[/url</a>]</p>

<p>According to this, the MLK scholarship is the only merit scholarship you may be eligible for if you do not have need. But the wording here is vague, so I would double check on that.</p>

<p>uskoolfish,</p>

<p>You are right. The MLK Scholarship is a merit scholarship separate from financial need.
Our family had a EFC of $99,999 (before our fortunes turned) and S got the $100,000 MLK scholarship (for 4 years) separate from financial need.</p>

<p>What stats would you need to put yourself in a good position to get financial aid based on merit? Act and gpa</p>

<p>Since NYU doesn’t meet full need, all their financial aid that takes the form of grants or scholarships is based on merit. In other words, they will give you loans and workstudy, but anything above that is awarded at their discretion based on how much they really want you. These awards–the ones that don’t have to be re-paid–may be called by different names and come from different budgets, but they are given because NYU wants you to attend. I don’t think there is one magic number, but rather it is based on how desirable you are vs. others that are also admitted. A candidate’s desirability may be based on scores, race, region of country, community service, talent etc.</p>

<p>The above is only for candidates with financial need. If your EFC is above the cost of attending NYU you are not considered for the same scholarships as those with need. The MLK is the only school-wide scholarship that I know of that is given to students without need. Steinhardt and Tisch give some merit aid for talent. Steinhardt, Gallatin and CAS may give some $ if you get into their scholars program (but that keeps changing and is still unclear on their websites.)</p>

<p>Iike what are the average scores for stern? Ive the middle 50% is like act 31-33 and Gpa > 3.7 if tht is correct would a 34 and a 3.85 make it much more likely to get aid or is it very rare and impossible to tell</p>

<p>First, are you saying you qualify for financial aid?</p>

<p>If so, the question is how much money will NYU give in addition to subsidized loans and work study? </p>

<p>It is hard to gage because it is not just based on scores and gpa. Does anything else stand out in your application? You are going to be competing with kids who can get into the ivies because of their scores/gpa/leadership/etc. How do you stack up with them?</p>

<p>If you could be competitive for the ivies, then you probably have a shot of getting a good package. (Better than average.) If not, then it is hard to tell but you can do some research which will give you the ball park.</p>

<p>Check out the common data set for NYU and look what the average financial aid package is. Look up what percent of need they meet. Compare that to yiur need and you will get a better idea of what “average” financial aid is.</p>

<p>Thanks that’s great help</p>

<p>Crm,</p>

<p>One thing I want to stress is that the Admissions people at NYU really seemed to stress the holistic picture, at least for the MLK Scholarship. </p>

<p>S had around 2100 SAT and ACT of 32, not the highest scores. He took a very rigorous schedule with 8 APs and 2 college level courses. But the rest of his application, his ECs, community service and activism, along with superb essay/ short answers and recommendations from 4-5 people who knew him well, including the principal and asst principal certainly helped. He won honorary awards at a DC journalism conference, a French poetry recitation contest, a principals leadership award. He was also an AP Scholar with Distinction with all scores of 5s achieved except for one 4. He was commended for the National Merit Scholarship program. He also spent hours and hours representing the student body as Class President at school district board meetings, to the point that the principal gave him special recognition for his 100% attendance. He worked on building school spirit and arranged for bands (including his own) to play at school dances and fund-raisers. Moreover, he had 400 hours of community service, building school- community relations and he started a non-profit charitable organization. He was director and founder of the school TV news station. He also started an online political commentary newsletter (starting 10th grade).</p>

<p>It was unbelievable that he had time to sleep. But he loved what he did.</p>

<p>usk is right in that NYU looks at everything, not just scores.</p>