<p>Aglages – While I can understand that right away you felt that NYU was exactly the place you wanted to attend, I hope you’re looking at some other options – this level of debt that would be involved at NYU is amazingly high, so high that it seems unlikely that your family would even qualify for the necessary loans. Furthermore, NYU isn’t even on the list of top undergraduate chem E rankings, so it is hard to say that somehow an NYU chem E degree is worth debt of the magnitude your family would need to absorb.</p>
<p>I understand what it means to live ten minutes from the nearby university – we live ten minutes from ours – and that’s walking distance. Nonetheless, students who live on campus don’t necessarily seem to have a problem with that, and I talk to lots of parents in my community whose kids are at the nearby flagship and who feel lucky to see those kids every month or so. You don’t have to live in your family’s pocket just because you pick Mines or CU. Both schools have great placement records for their chem E grads.</p>
<p>Wyoming also has a strong program with buckets of money – one of the few public college systems in the country that has not suffered funding cutbacks. There are also lots and lots of jobs, and as a Colorado resident you get some preferential rates there.</p>
<p>ChemE2014…List each school that you’ve been accepted to, what its COA is, what “free money” they’ll give you, what total student loans, parent loans, and gaps they’ll each have…</p>
<p>No, but I am planning on living with friends I have in Laramie and pay a 200 dollar rent, jobs seem abundant there so I don’t think it will be a problem.</p>
<p>I don’t really understanding the moralizing outrage in some people’s posts here, but I think I’ll skip the usual arguments on that front, this time.</p>
<p>What I’m curious about is why the OP wants to go to NYU in the first place? When Engineering students are naming their dream schools, NYU pretty much never gets mentioned. For that matter, even Harvard seldom comes up. Not every school is ideal for every student in every field, and NYU <em>really</em> doesn’t seem like the place to be for the OP.</p>
<p>chemE, I scanned this and tried to see if you posted your FAFSA EFC, but I didn’t see it.</p>
<p>Do you mind sharing?</p>
<p>I’m very concerned, as NYU is the only school to which I’ve been accepted thus far and we need as much aid as possible. Still haven’t seen the financial aid package and am expecting the worst.</p>
<p>Based on the fact that Cheme was awarded $4400 Pell grant I would deduce his EFC is in the 1100 to 1200 ish range. (the Pell is directly based on EFC).</p>
<p>wej expect the worse…do you have other schools you haven’t heard from yet? And I agree with BasementCat that rarely do you see NYU come up with the engineering school crowd so it’s abit of an outlier anyway.</p>
<p>ChemE, Please, please go to Wyoming. What a deal! You can work in the summer and not take out any loans. Even if you took loans, you would graduate with under $10K in loans. </p>
<p>If you are unsure, what I would recommend is visiting Wyoming. Talk to their engineering dept and their placement office. Also, compare the coursework. You could always transfer later on. </p>
<p>All that $ you are thinking of taking on as loans for NYU-- it’s real $, real dollars for which <em>you</em> will have to work and pay off. You will severely limit your opportunities to wait for a better job, to quit a lousy job, to buy a house, to marry and have kids someday. There is freedom in not owing your youth to Sallie Mae. You have that opportunity. You should take it.</p>
<p>chemE primarily the petroleum/energy companies recruit University of Wyoming. I’m sure you could contact the career office there and ask for a list of companies that recruited during the past year and especially in your preferred major…this past year would be most likely the worse case scenario given the economy and how all companies pulled back their recruiting…</p>
<p>Agreed with Northstar. NYU is notorious for poor financial aid (but you tend to find that out too late). We were really naive with our first kid and he applied Early Decision to NYU/Tisch. He was accepted with a HORRIBLE financial aid package. We technically could have been released from ED due to the financial burden, but it’s hard to do that to your kid when they worked their tail off to get in. Got smart with daughter, who applied to 10 schools this year so that we can now compare FA offers. Unfortunately, none were NYU. Son has had a great two years there, but we just can’t afford to double what we are paying now, or take out thousands of dollars in loans.</p>
<p>I think the OP is talking about Polytechnic institute of NYU, not NYU itself. I think Polytechnic is more engineering oriented and the affiliation with NYU is pretty loose. In any case, OP, this is a horrible aid package and you should not take it.</p>
<p>Exactly daughtershelper, I am graduation HS with an International Baccalaureate Diploma and I worked my tail off, have never eaten breakfast in four years because I spend all night doing homework and would rather sleep than eat, I sleep 4 hours a night for three years, suffering from malnutrition, lack of sleep, on top of that I have to wake up early morning on Saturdays to build homes, in the evenings I feed the homeless, on Sunday’s I have to wake up early to teach courses at the Red Cross all for IB CAS, and ontop I have a management job at McDonald’s to help out my family! You know I hate it that I cannot go to a name brand school (RPI/NYU) when I have given my last breath to get in and not cannot go anyways because I cannot pay, why the heck did I do this for four years if I did not benefit from this. But, you know life is unfair at times, and I have to learn how to deal with these things. Where is he at right now, I bet it was hard to give up Tisch?</p>