<p>does anyone know? i mean this school is getting ridiculously competitive; strong student body, strong professors. however, there are plenty of brilliant students who are dissuaded from attending because their financial aid simply put, stinks. instead of increasing financial aid, nyu increases their tuition fees. we all hear of other competitive colleges who either start eliminating loans or offer new scholarship programs. but what's with nyu? this one reason reflects horribly on nyu, the school is constantly being bashed for it and people don't even see a reason to argue for them sometimes. "its not worth attending for that price tag," i constantly hear. i guess it's because some people feel you are paying too much for lack of prestige but nyu still attracts some strong students. i mean, even their dorm rooms can reach over 18K/year. ridiculous! i guess i'm just venting, but anyone care to shed some light on this?</p>
<p>As a person who holds 2 degrees from NYU this is my take...</p>
<p>Does NYU (imho) give horrible FA? Yes</p>
<p>Has it stopped people from applying and ultimately attending, even if it means paying big bucks and taking out loans? Nope</p>
<p>Are they at a loss for people who are willing to pay the price tag for a NYU education? Nope</p>
<p>Of you are HEOP eligible, then NYU can and is very affordable.</p>
<p>if you work and your employer has generous tuition remission, NYU is very affordable.</p>
<p>Well...this may sound rough. NYU is well known for its financial aid gaps. I agree fully with Sybbie. What to do??? I would suggest applying elsewhere.</p>
<p>You can either donate millions to NYU to use to better its financial aid or you can simply apply to colleges that have better financial aid. Otherwise, there's nothing that you can do. NYU isn't having any trouble attracting good students who are happy to attend despite its weak financial aid program.</p>
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NYU isn't having any trouble attracting good students who are happy to attend despite its weak financial aid program.
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<p>Good students, yes. But are they getting the best? I'm not so sure. I know lots and lots of great students who don't even apply because of their reputation in this area.</p>
<p>WE can't do anything -- only the college can but it doesn't want/need to. There are plenty of wealthy families willing to pay full freight so Johnny or Suzie can live in Manhattan. And, there are plenty of families who will take out massive loans so Johnny or Suzie can live in Manhattan (which may be close to home) or so they can attend Stern or Tisch (two stellar programs).</p>
<p>NYC is extremely attractive to many high schoolers, which provide a big boost to Columbia and NYU. The folks running NYU are smart professionals, and they're making decisions that best benefit their college. </p>
<p>btw: it's only a handful of well-endowed colleges that have eliminated loans.</p>
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WE can't do anything -- only the college can but it doesn't want/need to. There are plenty of wealthy families willing to pay full freight so Johnny or Suzie can live in Manhattan. And, there are plenty of families who will take out massive loans so Johnny or Suzie can live in Manhattan
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<p>Exactly. I know of a wealthy family who is very happy to send Johnny, and I know another middle class family who sold their modest home (probably for about 500K) in the suburbs of NYC to send their Johnny (the youngest). The latter just moved south where one can buy a similar home for 300K. The father works for a national company, so he has the option of relocating. The mother always worked part time and can take a job doing the same work anywhere.</p>
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Good students, yes. But are they getting the best? I'm not so sure. I know lots and lots of great students who don't even apply because of their reputation in this area
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<p>But by the same token they are getting excellent students who apply from across the country and NYU does manage to woo who they want by giving merit money</p>
<p>"Good students, yes. But are they getting the best? I'm not so sure. I know lots and lots of great students who don't even apply because of their reputation in this area."</p>
<p>But NYU is still getting lots of great students, and its reputation has greatly improved over the last decades. I doubt if NYU sees any reason to boost its financial aid to get even better students when it already is turning away lots of good ones.</p>
<p>At my D's prep school the only students two who will be attending NYU in the fall are those whose parents are physicians, both mom and dad. Another student whose parents are both physicians opted for Duke with the AB scholarship & Duke also had the type of Engineering he wanted to study, although he was admitted to HYPS.<br>
The other smart students whose families have regular middle class incomes will be attending Dartmouth, Harvard and Yale. So, as others have previously stated choose other colleges with better financial aid.</p>
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But are they getting the best?
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<p>I beleive a better question 'is NYU getting the students that they want?' And, the answer has to be an unqualified YES! [Hard to imagine the Olsen Twins counting as the "best," at least concerning the "student" part.]</p>
<p>NYU is not that good of a school, just don't bother with it.</p>
<p>On CC, it's common knowledge that NYU gives lousy financial aid (although a few students here seem to have gotten a good deal), but it's not common knowledge among high schoolers in general. I'm not even sure GCs know about this detail.</p>
<p>yes actually most people from my high school were well aware of this fact (about 20 students on average are admitted to nyu every year). the number could be higher but most people don't bother applying because of the poor reputation regarding aid. for example, a girl from my high school was awarded around $25K to attend nyu and yet she chose dartmouth b/c of a not as high, but highly respectable grant.</p>
<p>Your friend chose Dartmouth because they meet 100% demonstrated need (and she most likley got a larger need based financial aid package) where as NYU does not met 100% demonstrated need. </p>
<p>Even with the $25k scholarship at NYU there is still almost another 25k on the table to be paid. If her family's EFC is under 25K then Dartmouth was financially the better deal.</p>
<p>Biggyboy, </p>
<p>Are you suggesting that NYU is a better school than Dartmouth, and so her accepting admission at Dartmouth was a surprise?</p>
<p>NYU isn't a great school.</p>
<p>no. i am not.</p>
<p>other than the stern business school which is top notch,i wouldn't classify NYU as that great of a school.And if u r looking at aid,i wouldn't recommend it.why graduate with more than $50000 in school loans when u can go to the flagship state school,do well and graduate 40000 bucks lesser in debt? unfortunately,u wanna get successful in America and save alot,u wouldhave to think along those lines.</p>
<p>In addition to Stern, Tisch also has a top-ranked program.</p>