NYUSH full ride vs. Stern

Colleges and Universities A-Z New York University
1

<p>Well, I am in a dilemma right now because I got a full ride to NYUSH and a $26k per year grant for Stern. Money is a big concern for my parents, and if I went to Stern my parents would have to take out a $27k Federal PLUS loan per year. Even then, my parents would most likely get rejected for the loan because of their low credit score so we'd have to find other ways to pay it off. I would also be taking out around $9k in my own loans but I'm not too worried about that.</p>

<p>If money weren't a concern, I would choose Stern hands down. Frankly I have no interest in living in China but at the same time, I know Shanghai would be a great city for business. If I go to NYUSH, I don't know if I would be happy there. I also know that Stern's reputation is unrivaled and I really, reeeally want to live in New York.</p>

<p>My idea was to try going to Stern for a year, and if I find that the opportunities aren't worth the $120k plus loans, I'd try to transfer to NYUSH or some other school. On the flip side, I could also just go to NYUSH and transfer to Stern if I really don't like it there. I know the process will be complicated either way though. The question is, if I go to Stern will there be a big chance that I'll make enough money after I graduate to pay it back?</p>

<p>Also, kind of related question, how do you commit to NYU Stern on Albert? Since I was admitted to both campuses, my admission status on Albert still says "processing".</p>

2

<p>I think you already made your decision, you just need someone to confirm it for you :)</p>

<p>Go with the school you’re happier at, and that’s clearly NYU Stern. No one knows your financial situation better than you do, and no one can tell you how much money you’ll make out of college. Those all depend on you (perhaps how hard you’re willing to work), and it is ultimately only you who can make the right decision given your circumstances. Think about it carefully, and if you can handle the financial burden (is it impossible? if not, how hard is it? so are you willing to work/sacrifice that much?), then go for it.</p>

<p>I also got a full scholarship at NYUSH, but at the end of the day, money isn’t the most important factor.</p>

3

<p>Haha, yeah, I definitely want to go to Stern more but I just don’t want to put a bigger financial burden on myself and my parents. We contacted the fin aid office about getting more money, but I doubt they will seeing as there’s only a week left before the national commitment date.</p>

<p>Since you got into NYUSH (congrats on the full ride!), what does your Albert page say? Do you know how to commit because mine doesn’t have that option ><</p>

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<p>Hey! I was accepted to NYUSH EDI :D</p>

<p>I just wanted to correct something- you cannot transfer into NYUSH, although you could study abroad there. Just like Abu Dhabi they don’t accept transfer students, even from NYUNY. </p>

<p>However, that being said, I agree with the poster above that you should go where ever you think you will be happiest. But I do want to pose the question that how do you know you won’t be happy in Shanghai? I want to do business as well, and thats the whole reason I applied. Speaking Chinese is extremely in-demand for Business, and it gives you a whole lot when applying for jobs after you graduate. There are a ton of people coming out of great business schools every year, however very few (not enough to fill demand) speak Chinese and are willing to work in China. </p>

<p>I don’t think you should go somewhere you think you will be unhappy, however I think you should give NYUSH a second look- it is such an amazing opportunity and many other schools (like Duke, for example) are now attempting to open up Branch-Universities in China- this without a doubt will give you an edge up on the business aspect. Also, NYUSH as access to the Wasserman network at NYU, meaning they will pair you up with jobs and interneships (for the rest of your life, if need be) just like any NYU Stern student. Also, I talked to an admissions representative, who said she was working on making a NYUSH version of that to set students up with jobs in their field while they are still studying in places like Japan, South Korea, and many other South-Asian countries. It is such an experience. On top of everything, it is impossible for your NYUSH degree to be devalued, because you graduate with a NYU degree like any other student.</p>

<p>You should not choose based off money alone because then you will begin to resent the school because you were forced to go there. (Not to say that money shouldn’t be considered, but it should not be the sole reason). No one can make the choice for you, and you are really the only one who has to live with that decision.</p>

<p>That being said, don’t worry about being unhappy at NYUSH- I will make sure you are happy if you choose it. </p>

<p>(And I am from Texas too! I live near Dallas- did you go to the free visit to NYUSH earlier? I went in March, but I know the RDers went earlier this month. If you went and hated it, then choose stern cause no money is worth your happiness. But if you were open to the school, I really think you should give it a second look. :smiley: It would be the most rewarding and exciting experience of your life- really, when will you have a chance like this again?)</p>

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<p>When I said that the admissions representative was working on creating the Wasserman for NYUSH I want to clarify what I meant :D</p>

<p>NYU Shanghai students will have access to the Wasserman period. That means the same job opportunities and internships when you graduate. However, for these jobs and internships while you are still studying in Shanghai, the admissions representative is working to get that expanded to jobs and internships in Asia as well. You will have MORE opportunities than the regular NYU Stern student.</p>

<p>And don’t underestimate the importance of Shanghai in the global market, people tend to over-consider Wall Street. If you really want to work there then you can, like I said NYU sets up jobs off the Wasserman, and you will be in that network. However, Shanghai alone has an extremely large stock exchange (one that is rapidly changing and could become fully open to foreign investors soon- something you’d really want to get in on the ground floor for) and China actually has three (four if you count Taiwan) global stock exchanges- just to emphasize the importance of China in global finance… if you happen to be interested in that.</p>

6

<p>Thanks for the advice :slight_smile: I can already speak chinese, but I may or may not take it in college. And yes that’s true, the advantage for global finance makes NYUSH really hard to turn down. I still very much want to be in stern though.</p>

<p>And I did go to the free visit! :smiley: I went to NY, and I LOVED it but mainly because of the people I met and because I was in NY haha. I didn’t find the chinatown trips or the panels very interesting…I’m just not that into chinese culture, even though I’m asian myself D: Giving up a full ride seems like a big price to pay though.</p>