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
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
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 10:31 PM.
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?
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 10:48 PM.