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As someone who is low income, the free tuition isn't actually that big of a draw. Most if not all schools at the caliber of NYU have really solid need-based aid that covers tuition.

For people who aren't in that situation, there are other schools that give full-tuition merit scholarships as well (Penn, WashU come to mind), so I bet folks in that position have more than one "free" option.

And I'm sure there are some people for whom money isn't that important. They would rather pick schools with stronger reputations, in different locations, or that were a better fit.

That is all to say, if you're on the waitlist, you still have a chance 😉
 
ricardo.wannabedoc said:
As someone who is low income, the free tuition isn't actually that big of a draw. Most if not all schools at the caliber of NYU have really solid need-based aid that covers tuition.
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Also, for low-income students who qualify for need-based financial aid, Cornell would be a better option, no? Because their financial aid takes into account total COA, whereas NYU only covers tuition and seems unlikely to give aid for room/board.
 
Don't have an A at NYU's MSTP, but it would probably be research opportunities/training since the free tuition piece is kind of moot anyways.
 
I agree with above poster that NYU's free tuition is not the end-all admission offer (though they also have a COA scholarship). Off the top of my head, Yale is $15k a year if your parents make less than $125k (to me, this is a bananas number); several other top private schools have institutional aid that cover up to COA. It's a good offer but not the best
 
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