<p>Three concerns
1) Lack of campus- how's this affecting you? I think that's my hugest qualm about going to the school (provided i am offered admission)</p>
<p>2) Fin. Aid package- is NYU stingy with fin. aid packages?</p>
<p>and as a random NYU question.. how many extracurriculars can you fit in aside from schoolwork?</p>
<p>2) yes. very stingy. i live on long island, and it costs a lot to live here...so when they see your tax returns, they expect you to pay tuition and room and board in full...they suggested a loan thats just enough to cover my meal plan. but then again, its nyu. i'll eventually end up $160K in debt, but it'll be worth it, lol</p>
<p>to quote one of the greatest people alive, "...I live on a slab gentlemen."</p>
<p>I actually thought NYU was pretty generous with their Financial Aid package...my family makes around $150,000 a year and I got $20,000 in Scholarships (money that doesn't have to be paid back) and the rest was given in loans.</p>
<p>As far as lack of campus, its not the deal at all...NYU pretty much owns everything around Wash Sq and vicinity...its pretty much like a de facto campus. You've also got Greenwich Village and all of Manhattan...you'll never be bored.</p>
<p>I really don't get their financial aid policy.... I'm from a rather low-income family (around $30,000 p.a.) and I received a measly scholarship of $1,750. The only way that I can even remotely make an attempt at paying for this is the $15,000 loan they offered...</p>
<p>But, how does NYU take my federal "estimated family contribution" of $4,000, give me next to nothing and then give so much to rather affluent families???</p>
<p>My financial aid was all merit aid, not need based. AKA, I didn't get money for having a low income family, I got money for being a good student.</p>
<p>I don't know about semester to semester, but I know need-based aid can change from year to year as you are file the FAFSA every year, and if your need is increased (because you've spent all your savings, etc., which is what is going to happen to me) then your need based aid package could change. I also think that NYU has some merit scholarships that you can be eligible for as a returning student.</p>
<p>Thanks, kiki. I just hope that, as someone with almost no savings and a low income, that my aid would change if it is currently based on my status as an American student transferring from a foreign university. Could someone help me out with this question?</p>
<p>Daniel, if they've given you a total package of approximately $16,750, then you received about the average f/a award. Financial aid consists of the entire package, loans, grants, merit scholarships. The amount most students receive is largely based on loans which will have to be repaid, unless you are a Presidential Scholar, which are the largest merit awards given. If you think that they made a mistake in calculating your aid, I'd recommend calling the f/a office and asking for an explanation. The amount you're awarded is for the year, so will not change semester to semester unless you speak to someone at the f/a office and they make a change. FAFSA has to be filed annually so there's a possibility the amount will change next year if the relevant information has changed. It never hurts to make the call and see what they say.</p>