Tuesday, Jul 29, 2014 02:49 pm est

Student Senate Panel: Financial Aid Primer

Posted on October 22, 2013 | by WSN News Staff

Yesterday, WSN highlighted core arguments of student debt at NYU. Today we will give you background on another key topic — NYU financial aid. Student senators will also cover financial aid at WSN’s panel discussion on Thursday, Oct. 24. Audience members will have an opportunity to ask questions, and students can also submit questions from Twitter with the hashtag #askwsn.

NYU has a net price calculator that uses rates from the 2011 to 2012 academic year to estimate a student’s total price of attendance. The website states that in 2011 to 2012, 56.09 percent of incoming freshman received grants or scholarships from NYU or the government. According to the most recent College Board data, only three percent of students receive their full need.

NYU recently launched the Momentum Campaign, in an attempt to raise $1 billion for financial aid in six years. So far the campaign has raised over $200 million. NYU spokesman John Beckman has said that NYU spends over $195 million on scholarships each year. Additionally, since 2003, NYU has increased the budget for financial aid over 130 percent, and the average grant now covers 21 percent more of tuition at 55 percent.

The panel discussion will be held this Thursday at the Kimmel Center for University Life, room 406, from 3:30 to 5:30 p.m.

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Felipe De La Hoz

Multimedia Editor | Felipe De La Hoz is a Colombian national studying journalism at the College of Arts and Sciences. Having been born in Colombia and raised in the United States, Mexico and Brazil, Felipe is a trilingual travel aficionado and enjoys working in varied and difficult environments. Apart from his photography, Felipe enjoys investigative reporting and interviews, interviewing the likes of Colombian ex-M-19 guerrilla fighters and controversial politician Jimmy McMillan. He has covered everything from governmental conferences to full-blown riots, as well as portraiture shoots and dining photography. Having worked under Brazilian photojournalists for Reuters and AFP, Felipe hopes to one day work on demanding journalistic projects and contribute to the global news cycle.

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Ann Schmidt

News Editor | Ann is a liberal studies sophomore who lived in Florence during her freshman year. She plans on double-majoring in journalism and political science and is always busy. She is constantly making lists and she loves to laugh.

 

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Daniel Yeom

Daniel started at the Features desk of WSN last Spring, writing restaurant reviews whilst indulging on free food and consequently getting fat. Last Fall, he was the dining editor, and he this semester he is senior editor. Daniel is in Gallatin (living the dream) studying Food & Travel Narratives, incorporating aspects of Food Studies, Journalism, and Media, Culture, and Communication. He loves food more than life itself.

Hannah Luu

Deputy Multimedia Editor | Hannah Luu is a ridiculously great Deputy Multimedia Editor. She is a sophomore from Northern California. If you think Northern California means San Francisco you might need to closely examine a map. She is passionate about NPR and being half Asian.

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