<p>We just got the fall 2011 bill and it was an eye opener! Last year it was about $56,000 to attend NYU. This year, including a 10 meal per week food plan (instead of 19 meals per week) it looks like it's going to cost $59,358. This is without the health plan. The sophomore dorm (double room) is about $1,000 more (even without an increase), so tuition, room, and board must have gone up quite a bit. Does anyone have the actual figures of increase?</p>
<p>D’s dorm last year was I believe $4675 per semester (Brittany)…this year $6,921 for Carlyle…eek more than $4,000 difference. I know tuition and fees went up 3.something percent, but the move from freshman to upperclassman housing is where it really hurts most. Even with a smaller meal plan, saving about $1,000, it’s still a huge chunk.</p>
<p>Even for those with higher cost housing cost first year - majority of NYU dorm doubles freshmen year was in the ball park of $11,800 - by sophomore year most of the standard doubles jump $2000 to around $13,800, with kitchens and “common areas” included in the suites.</p>
<p>Besides the $2000 difference, NYU personnel informed me the tuition goes up approx. 3-5% annually. Thus, the increase of approx. $3000 from freshman to sophomore year. Of course, the jump is more noticeable for people who go from the LCT, esp. in Rubin, in freshman year to a regular double in sophomore year.</p>
<p>That is why I had estimated my S’s total costs to be closer to $240,000 to 260,000 for the four years graduating in 2014 (hopefully). Though, keep in mind, we have been going with regular double dorms and $600/ month allowance $ for personal expenses. Still, you see how the numbers add up. :(</p>
<p>Here are the cost differences I came up with (after taking a deep breath and doing a bit of research)</p>
<p>2010-11 tuition per semester was $18,933, while this year its $19,672 per semester ($739 more/semester)</p>
<p>2010-11 fees per semester were $1103, while this year they are $1131 ($28 more/semester) **Tuition and Fees increaded 3.8%</p>
<p>2010-11 housing was $5948/semester, while this year its $6921 per semester ($973 more/semester) **housing increased 3%, although the jump from a freshman double at Weinstein to a sophomore double at Palladium works out to be a 13.8% increase</p>
<p>2010-11 meal plan was $2080/semester (for 19 meals), while this year it will be $1930 (for 10 meals) ($300 less/semester) **Here’s the only place we’ll be spending a bit less, but of course also getting less meals/week.</p>
<p>The way we see it, by her junior year our daughter will be weaned off the food plan and will buy groceries to prepare meals in her dorm/suite. With rougly 32 weeks in the school year (if you stay till the end of each exam period and arrive before classes begin), even if you spent $100 per week on food, $3200 per year would still be less money than paying $3860 per year for 10 meals/week. Having to go off the food plan would be a shame, since to us being able to eat with friends in the dining hall is a social experience and gets you out of the dorm room 3 times a day. She loves NYU and we’ll make it work financially, but the cost is really breathtaking each time a new bill arrives!! I guess it’s only money… Sigh.</p>
<p>We decided to spin it like this: It’s an investment in our D’s future. Being at Tisch gives her the best possible opportunity to reach her maximum potential in her field. People take risks in investments with the hope they pay off in the long run. It must makes those bills a little less onerous.</p>
<p>Writestuff, you have a healthy attitude!</p>
<p>My daughter took an off campus apartment for her last year, sigh, hopefully. The housing cost has decreased, for the first time in 4 years. It is quite breathtaking, to get that bill every July, and see all the increases.</p>
<p>MilkandSugar: The apartment was cheaper than housing? I thought all the apartments in the area were astronomically expensive. When I looked online, a studio would be over $3,500 per month. Where did she get an off campus apartment that would be cheaper than the dorms? There are also utility bills (gas, electric, phone, cable) to deal with. I’d love to know how the costs went down. As you say, it’s a fresh shock every time the bill comes. On the other hand, my daughter is thrilled to be living in Palladium as a sophomore. I remember your saying that your daughter really enjoyed living there. She is looking forward to a happy sophomore year.</p>
<p>OHS…,</p>
<p>Keep in mind that the students pay around $13,800 for 9 months of housing at NYU from Sophomore year on with a standard double in a suite. That works out to be $1500 plus per month for standard NYU upperclassmen housing. The key generally is to share with other students. For instance, two friends of my son found an apt. Right in the heart of west village Bleecker and McDougal for $2200 per month. So, you see with that split in half they are paying $1100 a month. Even calculating in cable and utilities (if not included), the student comes out ahead. There are actually apts. that can sleep 3-4 people in the $3000 + range. You have to look hard and also go by word of mouth, in addition to checking online sites like craigslist. Then when something good comes up, you jump on it.</p>
<p>It is certainly doable to get an apt. That costs less than NYU housing, especially if you have someone to split the expenses with. My S is planning on off campus housing beginning Junior year, with friends of course (to share cost together).</p>
<p>The one good thing is that you have the apt. Year round since most leases are for one year. That is good if the student plans to stay in NYC for work, internship, etc. If not, they can sublet the apt. For the summer ( more of a hassle but good way to keep housing cost down by not having to pay for the full year).</p>
<p>By the way, students willing to live farther away, say in Brooklyn, tend to do even better in finding reasonable apts. However, it is very important to look into getting a place in a safe neighborhood.</p>
<p>Evolving:
Hmmmm… that’s food for thought. I guess I would worry that something would go wrong and one of the apartment-mates would back out at the last minute leaving us holding the bag financially. At least in NYU housing if that happens the university finds you another roommate. As junior year approaches I guess my daughter can keep her eyes/ears open for this type of less expensive opportunity.</p>
<p>Wow, this thread makes me not want to go to Stern anymore. I know I will not qualify for any aid so my parents would be stuck paying 60k a year! To put this in perspective the Room & Board at NYU is equivalent to tuition at my state flagship. This is prime example of the education bubble.</p>
<p>OHS1979, D and roomate scoured Craig’s list, they found a nice apt share in Brooklyn, furnished, utilities included for 800.00per month each. The area is quite nice. I would have preferred if she stayed in Manhattan, but they were quite happy with the find. That’s 9600.00 for 1 year. I promised her that she could live off campus in senior year.</p>
<p>If you’re looking for off-campus housing, I would recommend going with a broker. I had a fantastic broker at Citi Habitats (because NYU has a relationship with Citi Habitats to make the broker’s fee 12% instead of the 15% norm) and she was very knowledgable about apartments in all areas of NYC and definitely taught me a lot about different NYC neighborhoods and info that I would not have known otherwise. She was a native Korean speaker also, which was extremely helpful for my parents as they don’t have a solid grasp on English and you don’t want any miscommunication with contracts and leases. You can definitely find apartments on Craigslist but if you’re only there apartment hunting for a short while, that’s a lot of work on your part that you have to time manage. I was only available to do 2 days worth of apartment hunting and my broker and I searched for about 5-6 hours each day. I would not have been able to see as many apartments as I did without her help. She was very well prepared and ready to go right when I met up with her. We basically walked around non-stop. If you currently live in NYC and have the time to reply back to non-broker ads on Craigslist, then definitely try that route first. You’ll just have to make sure to find the apartment in a good neighborhood. I remember my broker told me to not look for an apartment in certain areas because it wasn’t ideal for me. </p>
<p>Brokers can be intimidating at first but the key is to find a broker that you feel can be helpful to you and a pleasure to work with. Buyer brokers work for you… not the other way around. Eventually… after the lease papers were signed… it ended with a great big hug. She made my apartment hunting experience very enjoyable as we chatted so much about unrelated stuff like movies, activities, our backgrounds, etc.</p>
<p>Haha, Vihzel,</p>
<p>I was going to comment on the option of going with a broker (got interrupted by a family matter), but here you have to be careful in finding a professional and reputable one. Which appears to be in your case and that certainly helps out of towners in particular. Good for you and I gather you got yourself a good place?</p>
<p>Ivygolfer,</p>
<p>A NYU education is certainly an expensive privilege in most cases (except for the “few” who get a full ride or close to a full ride). The cost is definitely something to think about. Even though Stern is the one school at NYU that tends to have better returns income-wise and more immediately upon graduation than other schools at NYU.</p>
<p>milkandsugar,</p>
<p>I also want to let you know that I think your D and friend did supremely well. That rent is awesome for a good area in Brooklyn (and, yes, Brooklyn has some very nice areas).</p>
<p>OHS,</p>
<p>Regarding an apartment-mate(s) to share expenses in non-NYU Housing, it is best if your D can find someone reliable and compatible among her friends or acquaintances to set up the arrangements. This way, there is a greater chance of the arrangement succeeding and she will not be left high and dry. It would be a good thing to have the other person(s) put up an equal share in the deposit money. This way, there is at least some consequence for the person backing out last minute. Talking about the importance of follow though before hand may also minimize the chance of a sudden pull out and reneging on the “contract.” </p>
<p>You are right to have your D start thinking about possible people to share an apartment with, as well as keeping an eye out for possible housing (especially closer to the time of move-in since most apartments go fast if they are a good deal).</p>
<p>Hey evolving,</p>
<p>Yeah after going around seeing a lot of apartments in humid, 90F+ heat for both days… it was a relief to find my ideal one. It’s like the size of my family room at home in CA but it’ll do. lol She was a joy to work with since we had a lot in common. Also saved about $1,000 due to NYU’s relationship with Citi Habitats in broker fees.</p>
<p>Evolving and MilkandSugar: I guess we’ll cross the “I want an apartment off campus” bridge when we come to it. It’s nice to know that there are furnished apartments in decent neighborhoods out there. The tricky part is to find them. My daughter is very conscientious so if and when she and her friends want to do this, I’m sure they’ll turn Craig’s List upside down to look for what they want. Till then, she’ll stick with NYU housing. Who knows? We may win the lottery! :o) I guess it’s just frustrating for the costs at NYU to keep going up for no particular reason. Sigh. We’ll figure it out.</p>
<p>Vihzel,</p>
<p>Lol, the “family-size” apartment sounds big for NYC! I am glad to hear you had a top notch experience with your realtor. Good way to be initiated to your profession. :)</p>
<p>OHS1979, </p>
<p>I can certainly empathize with your concerns about the cost of the NYU education. 
The good thing is S is very happy and content at NYU. He feels it is the right place for him. :)</p>
<p>Yes, the child moving off campus brings another set of issues to be considered. Sometimes the parents’ anxieties and responsibilities seem to be magnified during the college process. Though I do not remember my parents being involved in my college education at all, except for stating expectations for the degree I should get (from my dad; nothing from my mom, she had no idea what was going on). They also did not have to foot the bill for my education. I was on my own with very generous grants and a small loan (which was nothing compared to grad school when I was also on my own financially and psychologically).</p>
<p>Looking for an apartment on Craigslist can be a real headache. Trust me, I’ve looked at so many listings for weeks until I actually went to New York.</p>