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New York University
70 Washington Sq South
New York, New York 10012-1091
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Old 02-27-2008, 08:41 PM   #1
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How much does NYU REALLY cost?

Hi...so NYU's website says that the annual cost for someone attending Stern will be about $52000. I havent applied for aid so I was wondering if current NYU students can tell me the hidden costs NYU kids incur that are NOT mentioned in the school's website? Do the costs go as far as $60000?? Thanks
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Old 02-27-2008, 08:46 PM   #2
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no..the cost for NYU is around 50,000 with everything included...personal costs would obviously cost most...so yep, NYU is definitely NOT a cheap school!
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Old 02-27-2008, 08:47 PM   #3
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^& NYC is NOT a cheap city, either.
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Old 02-27-2008, 08:51 PM   #4
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amen to that! but it's still an amazing city!!!
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Old 02-27-2008, 08:52 PM   #5
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^ 8.5% sales tax, gotta love it! ugh, and everything has tourist tax too... god damn tourists, so obnoxious!
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Old 02-27-2008, 08:53 PM   #6
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oh, ok..so it's 8.5% sales tax? I heard that it was 17% sales tax...
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Old 02-27-2008, 08:57 PM   #7
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Tuition and fees
(two semesters full-time) $36,516
Room and board $11,780
Books and supplies $700
Personal expenses $1,000
Total budget $49,996

This is what the wesbite says, but I find it hard to belive that personal expenses are just $1000...im sure they exceed atleast $5000...so how much does it REALLY cost in the end of the year?
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Old 02-27-2008, 08:59 PM   #8
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Dont forget about textbooks either. You could easily spend 1k a year on textbooks. Then add in all the personal expenses....
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Old 02-27-2008, 09:01 PM   #9
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i need feedback from CURRENT NYU students? if you had'nt asked for aid, how much do you think your annual costs would be? close to $60k?
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Old 02-27-2008, 09:11 PM   #10
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upwards of 55k for the cost per year.
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Old 02-27-2008, 09:17 PM   #11
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wing, so I'm assuming its the personal expenses that result in the additional 5k not mentioned on the website correct? if I live frugally, is it possible to limit expenditures to somewhere about 51-52k? like im ready to skip meals and just have lunch and dinner every day lol....i can forgo breakfast and other snacks
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Old 02-27-2008, 09:25 PM   #12
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Stern kids pay about 10% more than CAS and everyone else. As for living expense, shoot for $100 a week, and even that's going to be a little tight. NYC is an expensive place to live. Go to a movie and dinner and you're looking at spending a good $25.

I to go NYU. CAS Econ major, law and society minor. I usually spend about $400-$600 a month on incidentals. I spent $600 on books this semester. I spent $350 on books last semester. Plane tickets back and forth (~$400 per round trip, cross country), and you're looking at $6k-$8k in incidentals and books. If you're in a technical major like engineering or something, 1.5x the cost of books. We paid $49k total. Plus about $7k incidentals, $56k.

As far as meals go, I find that I skip lunch more than I skip breakfast. Usually, I'll have a pretty nice breakfast, then skip lunch and then have a nice dinner. Or I'll have breakfast and then have "lunch" at like 4 in the afternoon. In that case, I end up getting food at like 1AM.

17%? That's absurd. That's the sales tax rate in, like, Montreal. GST+PST was 15% last time I was there. It's 8.5% here.

Last edited by futurenyustudent; 02-27-2008 at 09:31 PM.
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Old 02-27-2008, 09:33 PM   #13
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what if I buy the books secondhand from some of those online bookstores, such as amazon etc? Then would I save significantly on books if they're all second hand? and if you spend $100 a week, can you give me examples of what require that much spending? cuz room and board take care of food, so additional expenditure on food should be pretty less right?
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Old 02-27-2008, 09:40 PM   #14
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futurenyustudent, thank you! i knew it was 8.5%, haha, i only live in NYC as a second home and all.
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Old 02-27-2008, 09:41 PM   #15
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Every time you go out for food, it's about $15. An occasional move will run you a good $12 (plus the obligatory popcorn/candy/chocolate/nachos/hot dog and soda, which is $10-$20, depending on what you get). When it's cold, and you have someplace to go, you'll find yourself taking a cab. Those run you a good $6-7 including tips for shorter distances, $15+ for longer distances, but I only take short distances. If you go anywhere that requires a subway ride, it's $4 roundtrip. The only reason I know how much I spend is because I put literally EVERYTHING on my Amex.

If you go out for food or order in about twice a week, that's $30, tax and tip included. I spend $4 a week on laundry. There's those incidentals, you go out and buy gum or a coke or something. That's $1-$2 each. Trust me, this will happen A LOT. I'd say an average of about $10 on untrackable incidentals. Then there's the occasional shopping trip, movie, play, club, whatever, and you'll find your expenses adding up to $100 a week VERY QUICKLY. I eat out an average of 4 times a week, but I don't have a kitchen.

And if you're like my roommate who goes home every month or so, that's $400 a month on plane tickets.

Of course, if you buy books at secondhand stores or online, sure, you'll save a bunch. But this semester, my book list wasn't finalized until the second day of classes, and by then it was too late. I went to the bookstore and bought $350 worth of books. My wallet actually hurt when I handed the cashier my Amex. Then I spent another $100 on another book that didn't come out until later. Then another $75 on an online course thingy for econ (the bookstore wanted $210). And I also spent about $85 on books that came out on the list before the end of last semester. So all told, about $610.

You might be able to save some money buying books at Barnes & Noble and paying $25 for their book club thing, and get a 10% discount on everything you buy, and still save a good bit, but it's inevitable.

Last edited by futurenyustudent; 02-27-2008 at 09:48 PM.
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