howlery wrote:I also wanted to ask about their financial aid. From my experience the UG is profoundly stingy (partly because of the endowment to student ratio, opening new campuses as if they were Starbucks, etc.), and hope the LS is not the same. AnBryce, RTK, etc. are comforting but that has to account for <5% of the incoming class. What is regular, need-based aid like? Is the package reassessed every year, like Harvard, or does an SA position not reduce your reward like Columbia?
Aid, as far as I know, is really all merit-based. (This seems to be the case for all law schools except maybe HYS, as I understand it; the expectation is that you'll just borrow money to pay for it if you're from a lower income family.)
Amounts are generally comparable to what an applicant would get from Chicago and Columbia. You get a scholarship offer up front for all three years. NYU is unusual (maybe actually unique in this regard, I'm not sure) in that they give you half your scholarship your third year, unless you do public interest your second summer. So you get a scholarship offer that will be something like, for instance, $15,000 1L year, $15,000 2L year, and $7,500 3L year, if you go to a firm. (This is actually a little bit annoying but it all comes out in the wash in the end.) In that sense, a SA position does reduce your award, but it's all laid out when you're admitted to the school, they don't change it up on you while you're matriculated.