My Financial Aid Package

milkandsugar
Fri, 31 Dec 2010 14:26:58 +0000

Ef47048
I would divide that 67,000 in savings over the 4 years, instead of 2. If you are getting 15,000 from NYU then that is pretty much a guarantee for the 4 years, barring any drastic change in your finances or education GPA. This way you can have a better idea of what it will take to graduate in 4 years and what your financial burdens will be…it is too risky to spend all that money for 2 years then not know where the rest will come from.

If you add up your savings and scholarships you have 37500 and Perkins and sub and unsub stafford you will have a total of 39650. Not bad! Maybe your parents can take the rest out in a Parent a plus loan approx 12,000-15,000 per year, approx what it would cost for an instate education at a state school. You can cut .your costs with low cost housing and waiving insurance.