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How do you plan to pay for NYU?

Damon1570Damon1570 Registered User Posts: 565 Member
edited April 2009 in New York University
I really want to go there now that I have researched it, went to the info session, and did a campus tour. I have good ec's, good gpa, and above average sat. the only thing that i am scared about is the money. How do you plan to pay your education at NYU?
Post edited by Damon1570 on
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Replies to: How do you plan to pay for NYU?

  • the chosen 1the chosen 1 Registered User Posts: 51 Junior Member
    That's something that you and your parents should discuss before you start the application process...I would have liked if NYU offered more money, but I wanted to go to Stern so bad I overlooked the expenses of not only just about he most expensive school in the country, but also the cost of living in Manhattan...Luckily, my dad was prepared to pay on the full ~$50,000/year less than that would be gravy...My advice, TALK TO YOUR PARENTS b/c NYU sometimes will end up costing more than the EFC
  • ShinashiShinashi Registered User Posts: 43 New Member
    This isn't helpful, but I heard that many do a lot of loans.

    A lot of loans. I haven't got in info on Aid, but I'm not expecting much. (I'm expecting, though)
  • sansri88sansri88 Registered User Posts: 303 Junior Member
    I've gotten $10k in scholarship and $4k in work study for next year at NYU. My dad's ready to pay the rest out of pocket, but I have applied for numerous scholarships.
  • Vind2Vind2 Registered User Posts: 86 Junior Member
    Something you might also want to mention (if its the case) that you can pay full tuition.
  • bloggergirlbloggergirl Registered User Posts: 61 Junior Member
    Will pay by the Federal Bank of Mummy and Daddy. =x Will try to convince them that an overseas education is worth the cost!
  • danw316danw316 Registered User Posts: 81 Junior Member
    Probably rob a bank.
  • the chosen 1the chosen 1 Registered User Posts: 51 Junior Member
    How is that not helpful Shinashi, I answered the question pretty clearly. I also offered advice and warned the OP that sometimes NYU does not meet the "need" of many. I think it's obvious the rest of the payments are either loans or out-of-pocket. What other option is there?
  • missamericanpiemissamericanpie Registered User Posts: 2,179 Senior Member
    @chosen

    they were calling their OWN advice unhelpful, not yours. chill.
  • bondgirl0409bondgirl0409 Registered User Posts: 237 Junior Member
    Probably rob a bank.

    Can I get in on this? I'm an excellent get-away driver.
  • ikatfabricikatfabric Registered User Posts: 468 Member
    I'm working my butt off at my job. Right now I work the ickiest hours. 4-10 on weeknights, and 1-9 on weekends. Bleh. But my paychecks are double what they used to be. This summer, I'll probably work 35 hours a week. I also applied for a ton of outside scholarships. I'm doing cheap housing and will probably want to put my own money from work (I'll probably have about $5000 that I can contribute by the end of the summer) in on it to knock down my loans. It's a lot of hard work, and my senior year grades are suffering a bit, but as long as I stay accepted, I think I'll be very happy in the future.
  • Damon1570Damon1570 Registered User Posts: 565 Member
    @ikatfabric

    how much debt will you be in when you graduate? I'm willing to work a lot to go to NYU and I'm willing to be in debt after college...just not for 20 years.
  • ikatfabricikatfabric Registered User Posts: 468 Member
    Hm I'll hopefully only have to take out $8-10k in loans each year. It's worth it, considering my other alternatives are a lot less awesome than NYU. How long it'll take me to get out of that debt depends on what kind of job I get when I graduate. Plus I'm planning on having a job in New York City. I don't know. My brother paid of $16k in loans off in five years. So, I suppose 15 years of it maybe? *shrug*
  • Damon1570Damon1570 Registered User Posts: 565 Member
    @ikatfabric

    so you work EVERYDAY? btw, what's your major and how is your workload and students life working out with all the working you're doing?
  • ikatfabricikatfabric Registered User Posts: 468 Member
    Nope, I don't work every day. I do 4-10 Monday, Wednesday, and Friday, and then either 7-3 or 1-9 on Saturdays and Sundays. Like I said, my senior year grades are not up to par with my grades in previous years. I used to have a 3.81 and get almost all A's. This year, I've got straight B's, plus a C in AP Economics. It's only lowered my cumulative GPA to a 3.7, though, so I'm hoping that's not grounds for rescinding or anything. I'm barely keeping up. But I'd need to work this hard to afford any of my schools, since I have to pay for college by myself. GW did the best with need-based aid, but it still didn't cover everything. I'm taking advantage of the fact that senior grades don't really affect initial admissions, whereas junior year I definitely put school before work. But now, if I don't have the money, then I can't go. Not even to state school. And I don't want to live at home anymore.

    But anyway, I'm not sure if you think I'm in college right now, but I'm still a senior in high school. I'm not sure what I want to major in, which, I know, makes me look really stupid for doing all this, but hey. I think it'll make a difference in college when I'm not in class 40 hours a week. Right now I'm killing myself, but I'm hoping it'll make NYU affordable for me.
  • CoffeeAddict9716CoffeeAddict9716 Registered User Posts: 876 Member
    Ugh, I have no idea at this point. Hoping to get some IB/AP credit to soften the blow. If all else fails, I might just opt to go overseas and sell my kidney in the black market . . .
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