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Ivy-Plus admissions rates vary with the income of the students' parents, with the acceptance rate of the top 0.1% income percentile being almost twice as much as other students. [232] While many "elite" colleges intend to improve socioeconomic diversity by admitting poorer students, they may have economic incentives not to do so.
The EA admission rate is notably higher at some public institutions, however. The EA admit rate for the Class of 2022 for Georgia Tech, UNC and Virginia was 25.8%, 30.4% and 27.8%, compared to the overall admit rate of 22.6%, 21.9% and 26.4% respectively with a majority of applicants applying through EA rather than Regular Decision.
Transfer admission to Stern's undergraduate program is also highly selective, with a transfer acceptance rate of 2% in 2019. [47] In 2020, the finance and international business programs were both ranked #2 nationally by U.S. News & World Report.
Additionally, students may select from over 60 minors offered within the College as well as 40 cross-school minors at other colleges within NYU. Admission to the College of Arts & Science is competitive, with an acceptance rate of 4% for the class of 2027. [6]
Need-blind admission in the United States refers to a college admission policy that does not take into account an applicant's financial status when deciding whether to accept them. This approach typically results in a higher percentage of accepted students who require financial assistance and requires the institution to have a substantial ...
In 2017, a federal endowment tax was enacted in the Tax Cuts and Jobs Act of 2017 in the form of an excise tax of 1.4% on institutions that have at least 500 tuition-paying students and net assets of at least $500,000 per student. The $500,000 is not adjusted for inflation, so the threshold is effectively lowered over time.
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A non-professional degree typically takes four years to complete and may be part of the later completion of professional degree (A "4+2" plan comprises a 4-year BA or BS in Architecture followed by a 2-year Master of Architecture). The 5-year BArch and 6-year MArch are regarded as virtual equals in the registration and accreditation processes.