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Questions for NYU Grossman Graduates With No Tuition Debt (Free Tuition)

Jvncr

The average premed
Apr 4, 2020
30
10
11
  1. Pre-Dental
  2. Pre-Medical
Is there anyone here who has recently graduated from Grossman with the free tuition scholarship? Or maybe know a friend/family member who has done so? If so:

- How is life after graduating?
- How are expenses?
- Are you financially better off than your peers who went to another medical school?
- Does the free tuition make attending Grossman worth it?
- Would you have rather went to another medical school?
- How much money could you have saved if you resided in NYC already, attended Grossman, and paid no money towards dorms? (This is my situation. I live here and I hope that if I do get into Grossman, I won’t have to pay for much.)

Feel free to answer some/all of the questions :thumbup:
 
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lanzhou_lamian

Full Member
Feb 3, 2020
136
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  1. Medical Student
- How is life after graduating?

NYU's free tuition program has only been in effect since 2018, so no class has yet gone through the 4-year program with the scholarship.

- How are expenses?
- Are you financially better off than your peers who went to another medical school?
- Does the free tuition make attending Grossman worth it?
- Would you have rather went to another medical school?

The scholarships are full tuition, not full cost of attendance. Students are still looking at about $30-35k/year of living expenses and fees. There are a few full COA scholarships also offered however.

In regards to finances, of course they're better off. A lot (most?) of NYU admits also had other strong offers and chose NYU at least partially because it's free. This is particularly true because several T10s don't give much merit aid. Unless you have another full tuition T10 offer (i.e. UCLA Geffen, Penn 21st Century, etc.), NYU's full scholarship is going to be hard to pass up.

Whether this is "worth it" is going to be subjective, but NYU is a top tier school and has a lot of positive momentum behind it right now. Just about any door you could want opened in medicine can be opened through NYU. Of course, if you have family or other external funding for med school, the free tuition may not be as important to you.

- How much money could you have saved if you resided in NYC already, attended Grossman, and paid no money towards dorms? (This is my situation. I live here and I hope that if I do get into Grossman, I won’t have to pay for much.)

NYU offers subsidized housing. It costs ~$1100-1600/month, depending on what type of unit you choose. If you have a free housing option in NYC, then you can save that money.
 
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Jvncr

The average premed
Apr 4, 2020
30
10
11
  1. Pre-Dental
  2. Pre-Medical
NYU's free tuition program has only been in effect since 2018, so no class has yet gone through the 4-year program with the scholarship.



The scholarships are full tuition, not full cost of attendance. Students are still looking at about $30-35k/year of living expenses and fees. There are a few full COA scholarships also offered however.

In regards to finances, of course they're better off. A lot (most?) of NYU admits also had other strong offers and chose NYU at least partially because it's free. This is particularly true because several T10s don't give much merit aid. Unless you have another full tuition T10 offer (i.e. UCLA Geffen, Penn 21st Century, etc.), NYU's full scholarship is going to be hard to pass up.

Whether this is "worth it" is going to be subjective, but NYU is a top tier school and has a lot of positive momentum behind it right now. Just about any door you could want opened in medicine can be opened through NYU. Of course, if you have family or other external funding for med school, the free tuition may not be as important to you.



NYU offers subsidized housing. It costs ~$1100-1600/month, depending on what type of unit you choose. If you have a free housing option in NYC, then you can save that money.
Doesn’t living expenses include dorms? I mean, I won’t be using NYU’s dorms if I get in, so do I still have to pay $30k? Also, I wouldn’t need subsidized housing since I live here with parents; they told me that I’m free to live with them if I get into Grossman.
 
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lanzhou_lamian

Full Member
Feb 3, 2020
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428
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  1. Medical Student
Doesn’t living expenses include dorms? I mean, I won’t be using NYU’s dorms if I get in, so do I still have to pay $30k? Also, I wouldn’t need subsidized housing since I live here with parents; they told me that I’m free to live with them if I get into Grossman.
~$30k is the approximate cost of living including room & board, transport, etc. Obviously, if you've got free room and board, then your approximate cost of living would be lower.
 
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Cornfed101

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2+ Year Member
Aug 10, 2017
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Doesn’t living expenses include dorms? I mean, I won’t be using NYU’s dorms if I get in, so do I still have to pay $30k? Also, I wouldn’t need subsidized housing since I live here with parents; they told me that I’m free to live with them if I get into Grossman.

If I were your parents I would charge you rent if you got into NYU
 
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OfMiceAndWomen

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Jan 5, 2019
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So if I don’t use the room and board, I don’t have to pay for it right?

Correct. I'm not sure if you yourself have to pay for college, but generally, in paying for education, there are fees that you pay directly to the school (tuition, misc. administrative fees). Everything else in the budget is hypothetical and is entirely up to you, depending on how you choose to live. That is, whether you live in a nice apt, a cheaper apt, at home, split rent with friends. Med students are generally treated as adults, and adults can pick however they want to live, and they pay accordingly.
 
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Jvncr

The average premed
Apr 4, 2020
30
10
11
  1. Pre-Dental
  2. Pre-Medical
Correct. I'm not sure if you yourself have to pay for college, but generally, in paying for education, there are fees that you pay directly to the school (tuition, misc. administrative fees). Everything else in the budget is hypothetical and is entirely up to you, depending on how you choose to live. That is, whether you live in a nice apt, a cheaper apt, at home, split rent with friends. Med students are generally treated as adults, and adults can pick however they want to live, and they pay accordingly.
Thank you. Correct me if I’m wrong: I did some math, and I found that if I graduate NYU with debt, it’d only be ~$23k. Seems accurate? I’ll show you how I came to that if you’d like.
 
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AnonymousDoctorGuyPerson

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May 19, 2017
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Just an FYI - you can have a 4.0/524+ MCAT and still get the R pre-II from NYU. There's no guarantee, far from it. As another poster said:

I think it's more along the lines of planning the wedding with the girl before she said yes to your first date.

There's plenty of time to 'worry' about this after being accepted.

Good luck!
 
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Jvncr

The average premed
Apr 4, 2020
30
10
11
  1. Pre-Dental
  2. Pre-Medical
To @Grapesurgery and to this dunce @Engrailed:

At Grossman:

- Fees for four years: ~$16k
- Books and study materials for four years: ~$1,600
- USMLE Fees: ~$2,600
- Uworld Study Guide: $1,090
Total Cost: ~$21,290

If I left anything out (check link to Grossman costs below), that’s because I won’t be using it. I live in in NYC, therefore there’s no need for me to use NYU’s dorms.

 
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Cornfed101

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2+ Year Member
Aug 10, 2017
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To @Grapesurgery and to this dunce @Engrailed:

At Grossman:

- Fees for four years: ~$16k
- Books and study materials for four years: ~$1,600
- USMLE Fees: ~$2,600
- Uworld Study Guide: $1,090
Total Cost: ~$21,290

If I left anything out (check link to Grossman costs below), that’s because I won’t be using it. I live in in NYC, therefore there’s no need for me to use NYU’s dorms.


are you not planning on eating or having any additional funds for travel and stuff? Also, health insurance.
 
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