<p>hello, i’m a rising senior this fall…and my college search has begun…for me, i have come down a fork in the road…</p>
<p>Option I: because my dad works at NYU, i would get a 100% tuition remission if i go there (still hv to pay for room and board but i think scholarships will cover that)…this would clearly save my family a bunch of money…And as for getting into NYU C.A.S, from my statistics and compared to those from my school who has gotten into NYU CAS, i hv a 99% chance of getting in (told to me by my guidance advisor)</p>
<p>Option II: my personal top choices are Columbia, Duke and WashU and I have approx a 20-25%, 20-25%, 50-55% respectively, chance of getting into these schools…this would mean that my parents would hvta pay…my dad’s gross income is about $93,000 per year and he is the only one working in my family of 5. i’m the first to go to college (one brother and my grandma lives w/ us). my family and I are first generation US citizens.</p>
<p>my aspirations for my future is to go to medical school…so i hv heard of the ‘rumor’ that undergrad institution does not matter greatly…in either case, where ever i go, i’ll be working my butt off anyway…</p>
<p>SO, my question is…which choice should i take? and also, how much financial aid would i recieve? (my parents HATTTTE loans/mortgages…as they hv just bought a house…) Thanks in advance!</p>
<p>Go as cheaply as possible for undergrad. Med school will be possibly a quarter million or more. Do well in class and Mcats and you’ll be allright anywhere you go. Do poorly, no matter where you are, no matter how many pre-meds get in from school xyz, you won’t.</p>
<p>Your implication is that NYU is not a highly regarded school and that is simply not true. It is well regarded. I would say you need to have a frank talk with your parents re: what they are or are not willing to pay for your college education. Also, don’t count your chickens before they hatch…NYU is particularly stingy with money and you may not end up with the over $10,000 per year you will neeed for room/board.</p>
<p>Very often schools like WUSTL and NYU honor faculty discounts. Seee page 5 of this document. I believe WUSTL will give a 50% discount if it honors NYU as an ‘accreditated’ partner. </p>
<p>run the finaid calculators. With your dad’s income less than $100k and 3 kids, you should be eligible for need-based aid. Of course, that aid is not likely to be 100% free as is the NYU option.</p>
<p>It’s great that you have NYU as a financial and academic safety school, but don’t limit your options based on what you think will happen financially.</p>
<p>If you can do it without jeapordizing the quality of your applications, apply to all three of your top choice schools and to NYU. Even a few inbetween schools if you want to be sure of having other choices than NYU. </p>
<p>You cannot 100% predict what will happen in the spring when financial aid award letters come out. You may have won an outside scholarship, your family circumstances may have changed, etc. You can always turn down a school that’s too expensive, but you can’t turn down a school you didn’t apply to.</p>
<p>Follow all of the above excellent suggestions for clarifying your options: check the likelihood of that r&b scholarship at NYU; do the need-based finaid calculators for your family; see which of your target schools might honor your NYU subsidy.</p>
<p>BUT… if NYU turns out to be your family’s best financial option… do NOT feel as if you are short-changing yourself. It is an excellent school and will not limit your future in any way. </p>
<p>wow, thanks for all the input again. um Cheers (or anyone else) i hv a question regarding employment tuition stuff…so NYU has this portable tuition benefit plan, which only pays 2000 a year if i go to other college…[i just found out that if my dad worked at JHU or Coilumbia, their employment plans cover NOT ONLY FULL tuition for their own schools but also ANY other school their employee’s kids wanna go…how unfair is that…compared to NYUs…] so when u mentioned how WUSTL might honor NYU’s faculty discount…do u mean that WUSTL will pay half my tuition? cuz THAT WOULD BE AWESOME…</p>
I don’t think that’s true, I think they cover up to 1/2 of their own tuition (which very well may be full tuition at a state school, but not at a private one)
I don’t think that WUSTL will give you any “professional courtesy discount”… The document that Cheers linked is WUSTL employee benefits. So if a child of WUSTL employee was to attend NYU, he wuold get a 1/2 of WUSTL tuition in tuition assistance.</p>
<p>Also, if any school will give you need-based fin aid, they will usually deduct the employee benefit you are getting from NYU from that aid. Merit scholarships usually are not affected, and can be used in addition to the employee benefit one.</p>
<p>I did not read every single post, but it sounds exactly like what I said – they will cover 1/2 of tuition at NYU.
Apparently if BOTH parents are Columbia employees, they cover full tuition (assuming that the people on that thread got it right).</p>