<p>Daughter got into NYU CAS Presidential honors scholars program with a $43,000 per year scholarship,$3000 work study plus an additional outside scholarship of $5000 per year making total COA about $10,000 per year. We have a EFC of $32,000 so the cost to go to Penn ended up at $28,000 per year. So the difference over 4 years is about $72,000. We have saved over $60,000 in a 529 that could be used for graduate school.
The Nyu honors program's benefits include 2 basically free trips abroad, a semester abroad, research grant, small honors classes with less than 15 per class, personalized advising with department heads and other benefits.
DD really liked Nyu and she loved all the personal attention plus felt like they wanted her, especially with the large scholarship. She plans on studying neural biology with a premed track. She also has an offer from State Flagship for basically free in honors. The choice seems to be simple in my mind and her mind also NYU.
So the question I am asking is an Ivy education that much better even if costs were not a factor than the NYU honors program?</p>
<p>Yes. You would forever regret declining an Ivy…and I think the Penn campus is a safer environment than NYC.</p>
<p>Ignore granny2.</p>
<p>If med-school is a future goal, I would personally choose the State Flagship Honors program that is free for your D to attend. Give all that saved money to her for Med School. NYU is not worth 40K more than a State Flagship Honors program, especially since for Med School one’s objective stats (GPA/GMAT) count for such a large part of the decision.</p>
<p>Ignore? That’s rather harsh. Perhaps I should not mention the 20 full-paid tuition scholarships to The Perelman School Of Medicine University of Pennsylvania.</p>
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<p>And what exactly are one’s odds of getting this scholarship at this one medical school?</p>
<p>The best choice for a pre-med is to save as much as possible to be able to take on as little debt for Med school as would be required.</p>