Negotiating NYU? Is there any point? Forum

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
Post Reply
lzack

New
Posts: 13
Joined: Thu Nov 14, 2013 1:03 am

Negotiating NYU? Is there any point?

Post by lzack » Wed Apr 02, 2014 4:23 pm

NYU has been my dream school from Day 1, although I applied widely (15 schools) because I wanted to explore every option. As a debt-averse future PI lawyer, I knew I'd need significant scholarship money to attend any school.

I have a full ride scholarship (value ~164k) at UVA, which has moved up to become my top choice. It is certainly not where I saw myself going to law school, but the value is undeniable and I think it will get me where I want to be, career-wise. I have some other good options on the list, including admission at Harvard, admission at Columbia, $90k at University of Chicago, $90k at Duke, $150k at Cornell, etc.

I called NYU on April 1 because I had not heard anything on scholarship money. The next day (today, April 2), I received my offer... a mere $30k over the three years. Unfortunately there is no way that NYU with $30k in aid is a viable choice for me, especially with a full-ride offer at U Virginia.

My question is, should I bother negotiating NYU? I would go running straight to NYU in a heartbeat if I could get full tuition or anything reasonably close (I think I would consider anything over half), but I doubt schools ever increase an initial offer of $30k by that much. Is there any point to asking? And if so, which would be a more persuasive counter -- a Harvard admission or a UVA full-ride?

Post Reply

Return to “Financial Aid”