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Crappy Albert Einstein Aid!!!

Discussion in 'Pre-Medical - MD' started by cm7b5, May 12, 2002.

  1. cm7b5

    cm7b5 Senior Member
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    What the HECK!!! I got $10,500 in grants from UMICH (out of state) and only $2,500 from Albert Einstein!!!! What is going on? Has anyone else had big discrepancies like this? I though Einstein gave good financial aid. Am I wrong? Has anyone else here received crappy aid from Albert Einstein? ( I really wanted to go to Albert Einstein, but this price tag has made my decision difficult!!!)
     
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  3. Coalboy

    Coalboy Senior Member
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    I got lots in grants from Duke, but zero from Emory, just $49K in loans. However, Duke is known for being pretty generous with their aid.
     
  4. Ryo-Ohki

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    I guess they don't like you as much
     
  5. Dr. Kermit

    Dr. Kermit Senior Member
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    The largest grant Einstein will give any student is $2500 in scholarship and $5500 in loans. I'm even surprised that I was given a some AE loan money considering my state school gave me nothing.
     
  6. cm7b5

    cm7b5 Senior Member
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    Dr. Kermit are you sure? That sounds really unfair toward people with lower incomes!!
     
  7. Dr. Kermit

    Dr. Kermit Senior Member
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    Yeah, I'm sure it was in one of the original FA letters they sent us to file the FAFSA.
     
  8. cm7b5

    cm7b5 Senior Member
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    According to US News their average indebtedness is 85K!!! How the heck is this possible if what Dr. Kermit said is true?? I think AECOM is sketchy.
     
  9. Dr. Kermit

    Dr. Kermit Senior Member
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    Their average indebtedness is 85K, but the average student also gets 5K in AE loans which is another 20K in debt not factored into that figure. So, if you add it up, it's 105K plus your 10K in grant which is ~115K. It's all sketchy yes, but if you want to go somewhere, I guess schools figure you'll cough up the dough.
     
  10. cm7b5

    cm7b5 Senior Member
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    Do you know how AECOM finaid compares with SINAI and NYU???? I am waitlisted at both.....
     
  11. Dr. Kermit

    Dr. Kermit Senior Member
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    From what I've heard, neither NYU nor Sinai offer that great of FA packages. Sinai is actually increasing their tuition over the course of 4 years so that it will be comparable to any other private school (~32K). NYU just expects you to be able to cough up the dough. Sorry <img border="0" title="" alt="[Frown]" src="frown.gif" />
     
  12. TommyGunn04

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    </font><blockquote><font size="1" face="Verdana, Helvetica, sans-serif">quote:</font><hr /><font size="2" face="Verdana, Helvetica, sans-serif">Originally posted by F#m7/D#m7b5 G#7/C#m7/B Bsus2:
    <strong>What the HECK!!! I got $10,500 in grants from UMICH (out of state) and only $2,500 from Albert Einstein!!!! What is going on? Has anyone else had big discrepancies like this? I though Einstein gave good financial aid. Am I wrong? Has anyone else here received crappy aid from Albert Einstein? ( I really wanted to go to Albert Einstein, but this price tag has made my decision difficult!!!)</strong></font><hr /></blockquote><font size="2" face="Verdana, Helvetica, sans-serif">Did you try calling Einstein and "bargaining?" A number of students have told me that this often pays off...it's probably worth a shot. Call AECOM and tell them about your much better offer from UMich. Perhaps they'll match it! I know that Penn tries to do this, and I've heard that other schools do too.
     
  13. zealous

    zealous Senior Member
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    I can understand your frustration in the discrepancy and the fact that it is not fair for people with lower incomes. However, as someone who has not received any acceptances yet, I would be happy to be in your situation and would quickly accept the offer AE extended. I guess it's all perspective. I'm not in your shoes and you're not in mine. Congratulations though. Maybe you can send some kind of appeal letter or something.
     
  14. Legend

    Legend Super Senior Member
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    If accepted, I would have to pay $66,000 (two year tuition) in cash upfront.

    I wish I were in your shoes. :)
     
  15. cm7b5

    cm7b5 Senior Member
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  16. zeek

    zeek Junior Member
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    I think we all make one common mistake, make our school decision based on the package they give the first year. It is almost given that they won't offer you the same package once you are in. The best way to approach this is to go to the school you really want to go. The most difference it will make is a few thousand dollars(10,500 Vs 2500). Is 4 years of your life worth more than $8000?
     

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