<p>USKOOLFISH- My point is that the list may open up to students able to pay rather than free riders in this environment? Not that it will open up at a much higher rate than previous years. (The market value of NYU’s total endowment at August 31, 2011 was approximately $2.7 billion; </p>
<p>[Operating</a> Budget Detail](<a href=“http://www.nyu.edu/about/news-publications/budget/operating-budget-detail.html]Operating”>http://www.nyu.edu/about/news-publications/budget/operating-budget-detail.html)</p>
<p>Income from commercial real estate represents 3% of the revenue budget. and it appears that Real estate might make up 10% of the actual endowment. Probably less as real asets can also be artwork, gold,patent income, assets other than real estate.</p>
<p>Endowment per Student in a national study of 518 private institutions’ endowments at June 30, 2011, NYU’s total endowment (including the School of Medicine) was the 18th largest in total size, but 163rd in endowment per student (or $75,003 per student). </p>
<p><a href=“http://www.nyu.edu/content/dam/nyu/investmentOffice/documents/NYU-INVOFC-SUMMARY-DEC2011.pdf[/url]”>http://www.nyu.edu/content/dam/nyu/investmentOffice/documents/NYU-INVOFC-SUMMARY-DEC2011.pdf</a></p>
<p>And that roughly 45% of the endowment is in fixed income and fixed income like investments- credits etc. So either NYU is a lender or they bought loans from others that yield higher than the low rates on treasuries, etc . As I referred to in my previous post.</p>
<p>We will never know, but my guess is that the amount of money offered to applicants will be lower than they thought. Some will decline admission opening up the waitlist. Maybe same rate as you pointed out.Thus if one did not look at the finances of NYU ahead of time they may be shocked at their offer letters? Although many on the CC boards claim NYU is notoriously “cheap”. I do not know this for a fact. All I know is what I see in the endowment figures and revenues and expenses. So the ones that have the ability to pay or borrow their tuition improve their chance of getting off the waitlist ?</p>