<p>If you receive a scholarship from NYU, you will be notified in April—before you need to apply for your visa.</p>
<p>But, yes, you will need to demonstrate that you have sufficient funding to pay for your tuition and living expenses for a full year before you are granted a visa to enter the US.</p>
<p>(And I don’t know where you’re getting your ideas, but the median annual family income in the US is around $51,000. Most US families cannot afford to send their child to NYU.)</p>