NYU Poly Honors Questions!

<p>I've recently been accepted to honors at NYU Poly, and I was wondering what that really means.</p>

<p>I know about the $5,000 scholarship, but is there anything else that I should know about the Honors program at NYU Poly?</p>

<p>On a different note, is 25k a year in scholarships going to make NYU Poly affordable for me if I can only afford about 5-8k a year with another 1-3k a year in financial aid?
*About 33-35k a year of costs covered before loans</p>

<p>-Note: I will be going to either law, medical or grad. school</p>

<p>Let’s do some math…</p>

<p>Tuition is say, $55,000/yr x 4 = $220,000
Your financial aid, etc. $35,000 x 4 = $140,000</p>

<p>$220,000 - $140,000 = $80,000</p>

<p>Grad school is (usually) free, so that’s not a problem.</p>

<p>Law school is (around) $70,000-$80,000/yr x 3 = $210,000-$240,000</p>

<p>Medical school is (around) $70,000-$80,000/yr x 4 = $280,000-$320,000</p>

<p>Do you really think $80,000 worth of debt is worth it?</p>

<p>Not only that, your parents have to have good enough credit to able to sign for $80,000 worth of debt! Can they do that?</p>

<p>Well tuition is only 36k at NYU Poly, with housing and fees projected at around 10k… So 46k</p>

<p>It’s actually apparently $50,000 cost of attendance, see: [Estimated</a> Expenses | NYU-Poly](<a href=“Home | NYU Tandon School of Engineering”>Home | NYU Tandon School of Engineering)</p>

<p>So… subtract $20,000 and you get it will cost $60,000 for all four years, not including inflation, etc. </p>

<p>So, my other questions still stand. Is it worth $60,000? Can your family afford $60,000 worth of debt?</p>

<p>^… you kinda sound like a cyberbully here lol.</p>

<p>$25k/year is pretty good. But. You should try to negotiate for an extra $2000 or so. It’ll help a lot because it’ll add up. I think you can also get around $6k realistically from subsidized and/or unsubsidized Stafford Loans. I usually don’t count them in my tuition bill. This might be a sloppy habit.</p>

<p>nevertheless… :stuck_out_tongue: even if you can cover the remainder of the tuition, the dorms and food and living costs add up too. I would definitely recommend finding an apartment nearby and splitting the cost of it with 5 other people. It would be a lot less expensive, especially considering that dorming costs only cover ~September 1-December 23rd, and ~January 20-May ~16th. $10-13k of living expenses for 8 months of living. You should be outraged. I was, and now I commute from outside the city</p>

<p>I think your plan should be to:</p>

<ol>
<li><p>Negotiate. Send letters, make phone calls, have others send letters and make phone calls on your behalf, negotiate negotiate negotiate etc. I would give this advice to anyone, but if you’re to be my kin at Poly, I gotta look out for you especially. Negotiate!</p></li>
<li><p>Go on Craigslist, easyroommate.com etc and try and find a more affordable way to live. Don’t worry - you’ll still make friends. It’s a small school :)</p></li>
<li><p>Talk to your parents. See if they really cannn’t afford to pay more</p></li>
<li><p>Get a summer job. At $8/hr for 40hr/week for 3 months, you make $3840 before taxes. I know - but every last bit helps. At $12/hr for 55hr/week for 3 months, you make $7920. See what I’m getting at? lol it all adds up. and there’s your difference. </p></li>
<li><p>You can land a work-study job at school too, but it probably shouldn’t be your focus during your first semester. Maybe a safe 8hr/week job… but no more. :confused: It’d pay for small living expenses, like food (from outside the cafeteria), laundry, clothes, pharmacy/grocery store purchases, etc.</p></li>
</ol>

<p>I know going to school and being kinda poor sucks. :stuck_out_tongue: But I’ve been there and I am there and you can do it :D</p>

<p>Aside from the financial situation, as my need-based aid is pending, what are the benefits of being in the honors program at NYU Poly?</p>

<p>Asking important financial questions doesn’t make one a bully; it makes one realistic.</p>

<p>NYU graduates have, on average, more debt than any other graduates in the US. Students need to realize what they’re getting themselves into - debt isn’t as easy to pay off as people think, jobs aren’t guaranteed upon graduation. </p>

<p>I doubt you would find anyone on CC who would recommend taking out $60,000 in loans to go to school. It’s simply ludicrous. The monthly payment will be obscene. It will make living on typical post-graduate salary very difficult.</p>

<p>Well I will have to take out that about that much in loans almost anywhere, so…</p>

<p>It looks like no one ever answered OP’s real question…</p>

<p>I’m curious too. I didn’t get picked for Honors but I probably would want to get in.</p>

<p>After googling it it just looks like you get special treatment, taking harder courses that others dont</p>

<p>(taken from poly site)
Honors Program Highlights</p>

<pre><code>Enriched courses exclusive to the Honors Program
Faculty mentorship and small student/faculty ratio
Emphasis on i2e (invention, innovation, and entrepreneurship) balanced with scholarly activities embedded throughout the honors courses
Honors Student Council
Academic and extra-curricular events
Tailored academic advising
</code></pre>

<p>wth is i2e?</p>

<p>[Tuition</a> and Fees | NYU-Poly](<a href=“Home | NYU Tandon School of Engineering”>Home | NYU Tandon School of Engineering) 2013 Tuition and Fees</p>

<p>Poly has gotten more expensive. It is now almost on par with the rest of NYU. The idea is to have the tuitions match by the time Poly will be completely absorbed into NYU, which is most likely summer 2013, given the fact that that is when Poly’s president is leaving and becoming a senior fellow at NYU while it has been revealed that the new “president” of Poly will also be the dean of engineering for NYU itself. </p>

<p>There are a few differences here however, Poly is still more flexible with financial aid than NYU itself, although it seems it has started to change for some people of wealthier backgrounds. The good thing is an engineering degree usually pays itself off so you won’t be in debt too long. There are several NYC and tri-state companies who tend to hire engineering majors and computer science majors from Poly every year, and more companies are now aware about Poly given the NYU affiliation and eventual NYU consolidation. </p>

<p>Something else that wasn’t mentioned about the honors program is that students are allowed to take two free classes over the summer following freshman year. Many honors students use these to quickly finish their core math or physics classes from what I’ve seen.</p>