How do "normal" people get through NYU, financially?

NYUSternie2016
Wed, 15 Aug 2012 23:18:42 +0000

I consider myself normal however my EFC was still roughly 45k due to my parents’ savings and my college savings over the years. It really is a shame that financial aid punishes you for investing responsibly and paying off your debt. That being said, I used a lot of savings this year, accepted some of the loans offered by NYU (totaled only like 6K) and then I got 5K in scholarship (pathetic I know.) I also have a brother in college so I’m surprised it didn’t help give me anymore aid.

However, I know of people who got “Stern Scholarships” of 500 dollars (what a joke.) Clearly, it was a way for NYU to list a higher percentage of students receiving scholarships…