financial aid Archives - Washington Square News

Facing financial need: NYU’s approach to reducing its price tag

In 2010, the university began to focus more on affordability and accessibility as a key part of its financial aid goals. Since then, NYU has made several changes to help curb the cost of attendance.

Gabrielle Panelo and Nikki Mirala • February 22, 2024

In 2015, NYU was considered the fourth-most expensive university to attend, according to the Chronicle of Higher Education’s analysis of College Board data. With new financial...

NYU to resume merit scholarships for MLK program after outcry

The university announced that it will resume merit-based scholarships for students in its flagship MLK Scholars program, following years of criticism from students.

Sabrina Lee, Contributing Writer • April 14, 2023

NYU will reinstate merit scholarships for all students in its Martin Luther King, Jr. Scholars honors program, nearly two years after it decided to discontinue merit-based aid...

Opinion: NYU needs to create more work-study jobs

Receiving a work-study grant can mean very little if there are no jobs to use it on.

Nikkala Kovacevik, Deputy Opinion Editor • February 9, 2023

When I was applying to college, I was keenly aware of just how much financial aid would affect where I would attend. My ability to be at NYU in the first place was largely contingent...

How the pandemic affected NYU’s bottom line

NYU’s revenue increased by over $1 billion, despite costs incurred due to the pandemic, associated campus closures, and a year of mostly online instruction.

Carmo Moniz, Tori Morales • November 23, 2022

As businesses nationwide struggled to stay afloat at the height of the pandemic, NYU’s income did too — revenue from the housing and dining services it provides decreased by...

Why we left NYU: Stories from students who transferred out

Sometimes, this silly purple school isn’t the place you want to spend your college years, and that’s OK.

Liz Lindain, Contributing Writer • November 8, 2022

I came to NYU as a transfer student in the fall 2021 semester. Like me, many students dream of attending NYU for its prestigious academic programs and the experience of growing...

NYU students start applying for Biden loan forgiveness program

After the application for the program opened on Oct. 17, some students said it would partially or completely pay off their loans.

Carmo Moniz, Deputy News Editor • October 21, 2022

Many NYU students who have taken out loans may benefit from President Joe Biden’s student loan forgiveness program, which began accepting applications on Monday, Oct. 17. While...

Search for Hamilton successor sparks little student enthusiasm

A committee that was assembled to find NYU President Andrew Hamilton’s successor has begun hosting hearing sessions to collect input from the university community, but has seen little student involvement so far.

Bruna Horvath and Rylee La Testa • September 21, 2022

A Presidential Search Committee, formed after current university President Andrew Hamilton announced in April that he would step down at the end of the 2022-23 academic year, is...

Editorial: NYU should meet 100% demonstrated need for all current students

WSN previously reported that NYU would be meeting the demonstrated financial need of every student in the class of 2025. The new policy should be extended to all current NYU students, not just the students of the future.

WSN Editorial Board • December 6, 2021

NYU recently implemented a new financial aid policy for the class of 2025 that intends to meet the full demonstrated financial need of every student — including international...

NYU is now meeting 100% of applicants’ financial need

The current first-year class is the first to receive financial aid that fully meets students’ financial need, with average financial aid packages increasing by over $11,000 since last year.

Arnav Binaykia, News Editor • November 15, 2021

For the first time, NYU’s financial aid packages met the full demonstrated financial need of every student in its first-year class. The new policy, which started with the class...

NYU affordability decreases as net price tops peer institutions

NYU’s net price — found by subtracting the average financial aid award from total cost — is higher than its peer institutions.

Gianna Jirak, Staff Writer • October 28, 2021

Correction, Nov. 22: A previous version of this article incorrectly interpreted data from tuition increases. NYU tuition increases have not outpaced those of its peer institutions....

Law students want more say in spending of $540M fundraised by NYU Law

The NYU School of Law is beginning to allocate money from its Lead the Way capital campaign. Students want a role in the process.

Gabriel Hawthorne, Staff Writer • October 28, 2021

The NYU School of Law completed its Lead the Way campaign in August 2021, raising more than $540 million to increase student financial aid, add faculty and create new academic...

NYC Debt Collective seeks to end student loan burdens

With national student debt at a record high, the New York City chapter of a national debtors’ union is seeking to cancel loan payments through legal action and community organizing.

Kristian Burt, Contributing Writer • October 5, 2021

CAS sophomore Anthony Portillo was walking through Washington Square Park in September when he noticed a stand with the words “Biden, sign the executive order” emblazoned on...