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

GreenwichGarcon
Wed, 15 Aug 2012 15:07:10 +0000

-Most people get around $20,000/year from NYU. (I say this with confidence, considering published financial aid stats and also talking with my friends). That leaves about $20,000 for the rest of tuition plus about $15,000 for housing, plus about $5,000 in fees and expenses, like books, transportation, etc. =~$60-62,000/year total.
-Students usually get $3,500 Subsidized Stafford Loan for their freshman year, $4,500 sophomore, $5,500 junior/senior.
-Students are also offered $2,000 Unsubsidized Stafford Loan.
-Work study offered is usually $3,000
-Pell grants are $5,550
-Some students get a $2,400 Federal Perkins Loan, as well.
-This leaves about $22-25,000 in a Parent PLUS loan.

Most people’s parents take out the PLUS each year, like mine have.
I’m very “normal” in this regard, as basically this was my fin.aid. package.

I get by by working part-time during the semester, and basically full-time during breaks and intersessions (Winter, Summer). I have moved off campus, so it is a whole lot cheaper for me to live, as well. I also hook on the street corners at night to make a few extra grand on the occasional weekend. (Just kidding).

Hope that helps.