<p>The biggest complaint that I've heard about NYU is that it's expensive. On every "the worst thing about NYU" thread, that's been the number one thing, and there are constant mentions of it being costly on CC.</p>
<p>Of course it is costly, I'm not denying it isn't. 54,000 is a HEFTY amount to pay for school. </p>
<p>But is it really JUST NYU that is this expensive? (note: all this information is taken from the school's respective websites)</p>
<p>NYU is 53,853 (assuming room and board)
Brandeis is 52,072
USC is 53,618
Brown is 52,360
Carnegie Mellon is 53,660
Wesleyan is 52,640</p>
<p>I don't know if its just because I tend to only lurk on the NYU threads, but it seems like most other colleges in NYU's league are just as expensive, and without the advantage of New York City as a backdrop. Sure you'll have to spend more money on outside expenses then you would in Iowa, but thats more of a discretionary issue than anything. </p>
<p>Yes, NYU IS an expensive school. But so are many other private universities. What makes NYU so different?</p>
<p>Location. Space in NYC is more expensive which is why tuiton and room and board are higher. Faculty has to be paid more and it costs more for the school to expand, which in turn affects the amount of aid NYU can give. It’s not that NYU is cheap but all these factors make it more difficult for NYU to be as generous as other top schools in terms of aid. Bottom line NYU is known for having bad financial aid, most if not all top schools costs 50K+. college is expensive lol, it’s the financial aid that a school gives is that makes it affordable or not. I’d say for being in NYC, NYU does a damn good job of giving aid but it’s all speculative, I suppose…</p>
<p>There are almost 4,000 institutions of higher learning in this country (Universities, LACs, technical schools, community colleges, etc) and a small minority are this expensive - most top 100 private schools are around NYU’s range, but that doesn’t make NYU any less expensive. People who go to the schools you listed also complain about how expensive they are. Since we’re in NYC, the cost of everything is higher. NYU is also expanding at a ridiculous rate - we’re already the largest private university in the country, why do we need to be bigger? Yet NYU wants to get bigger and bigger and have more students, so they must aquire more buildings, faculty, staff, facilities, etc. </p>
<p>Costs are rising each year, and people take out extensive loans to come here. My boyfriend will be nearly $100k in debt by graduation, but it’s not too bad since he’s graduating from Stern with a Finance degree so at least he’ll be able to pay it off relatively quickly. Worse off are the students in extreme debt graduating with degrees in Film and Africana Studies and the like - they’ll be in debt for a long time, and many arts students need a Masters or even PhD for their field, ensuring more debt down the line. </p>
<p>If you’ve chosen a career that requires a lot of education, you might want to think twice about how many loans you take out. I want to become a medical researcher and can’t start paying loans back til I’m 30 or so, so I picked a college where I could graduate debt-free. I’ve also heard of students declaring themselves independent so as to get more FA, but I’m not sure exactly how that works. People think of crazy ideas - I work part-time for my dad, he pays me $30k a year which I then use for my education, I’m 18 so my salary isn’t taxed the way his is, so it saves our family a lot of money.</p>
<p>it isn’t just the sticker price. NYU is notoriously tight-fisted with financial aid.</p>
<p>the difference is that nyu is so horrible with financial aid. they offered me the least amount of scholarship/aid & ended up being the most expensive school to attend. we cant all pay that tuition…</p>
<p>NYU is tight-fisted with financial aid because the endowment is small - it can’t really afford to be more generous with money. It’s just a fact of life.</p>
<p>^ what shades said. if you compare NYU’s endowment to Harvard’s endowment you’ll see why NYU has bad financial aid.</p>
<p>if it weren’t for my financial aid package, i wouldn’t be going to NYU. definitely not.</p>
<p>Thanks you guys for the replies 
I honestly was just curious. </p>
<p>Do people who apply and get in ED usually get better aid than those who apply RD?</p>
<p>NYU is “so much more” expensive because of the cost of living in NYC. Manhattan’s one of the most expensive counties in the country, folks.</p>
<p>Tuition rates are similar to other top schools, but sub-par financial aid and pricey nightlife will make it notoriously more expensive.</p>
<p>Just go to CUNY! 5K/year x 4 years and you’re done!</p>
<p>No, those who apply ED will likely get worse finaid because they don’t need any persuasion to attend-they are virtually locked in, so NYU doesn’t have to coax them with money. Those who apply ED need to be sure they can afford the tuition with little aid, or they could be in BIG trouble down the road if they are accepted and must attend even if it means they go broke.
^^^That’s what I’ve been told in a nutshell…If you want to risk it and apply ED, go ahead…you can always pull a bank job before fall semester rolls around. ;)</p>
<p>***Note, NYU’s crappy finaid, skyrocketing prices each year in terms of tuition, housing, books, etc. (believe me, I called NYU to get honest answers as to how fast they are rising each year), and NYC location are the reasons why I couldn’t attend it, despite it being one of my absolute dream schools. If I were you, I’d apply RD and just let the chips fall where they may. You may get lucky, but don’t count on it. No school is worth taking out a loan of over a quarter of a million dollars-and that would have been my debt factoring in their scholarships, IB/Ap credit, and work study!</p>
<p>NYU is not as generous with their FA as other top schools. But their endowment is not as much as the others and I am quite frankly not that suprised. Any literature that I have recieved in the mail to contribute to their funds seem to be for everything else but the students directly. Oh yes they do say the students do benefit in the long run.They spend their money in different ways. They have attractive packages to recruit top professors as well as expanding their real estate, research and they spend less for students. Just my HO.</p>