@sleepymom I did not take this option. I can’t remember for sure if it was even offered.
One thing I want to share, though, came up with my younger D, and could be an option for yours. This D is a studio art major. She is getting her BFA, with a lot of credits in art and art history. She decided not to pursue an official minor, but instead took voice lessons (through Steinhardt) and stage makeup classes (through Tisch). (Yes, she was a musical theatre kid also–but chose art.) Even with these classes (more than must minors), and all her other requirements, she was able to take 11 credits this last semester as a senior and become a part time student.
By taking 11 credits rather than 12, she saved us about $7,000 off of tuition (we are full pay.) She was even able to maintain a small merit scholarship that she was awarded as a senior when she switched to becoming a p/t student. She was able to remain in NYU housing as well.
Coming in with AP credits helped, but so did the option of taking some variable credit classes. Several of her friends have been part-time all senior year. They could have graduated early, but senior year offers too many amazing opportunities they wanted to take advantage of (this is the case for both art and MT students)…so they all stayed the full year.
So personally, I would not lock into paying for senior year, since this could be an option.