To appeal or not to appeal ... (school w/ notoriously BAD finaid)

<p>I somehow slipped by and got accepted into my dream school of dream schools, NYU, but they lived up to their terrible financial aid reputation.</p>

<p>My family is low-income and our EFC was 1090. Yeah.</p>

<p>But NYU thought it was reasonable to give me $26,025 out of their $46,800 tution. And aid is including around $5,000 in loans.</p>

<p>I'm not sure how they expect me to pay this off in the future. It's clear that it would impossible for me to attend on this aid. I've been thinking that I should make an appeal. I mean, it can't hurt, right?</p>

<p>But what are the odds of anything changing? And how do I even make the appeal? I'm in dire need of advice.</p>

<p>I'm just very frustrated and confused right now, but I won't go down without a fight.</p>

<p>Thanks.</p>

<p>Yeah, write an appeal, it wouldn't hurt you because they can't take back their original offer.
When you think about this, you need to decide if the benefits outweigh the costs.
On the appeal letter, you should state the facts about your financial situation, EFC, if other siblings are in college or will be in college, how much you can afford, etc. In addition, you could reiterate your academic success, also you can negotiate with them, like blah school gave me this much in this and that, tell them that it's your first choice and how badly you want to go there, be polite in the letter yet firm
good luck :-D</p>

<p>Just so you know, the results of my daughter's NYU financial aid appeal is that they gave her an additional $1000 in grant money. So far that is consistent with reports I've heard from others.</p>