In this section, you will find an overview of financial aid opportunities. To discuss these options further, prospective students are invited to email us your questions or call an NYU-SCPS Office of Admissions counselor at (212) 998-7100.
More aid opportunities are available online and through the NYU Office of Financial Aid.
The Dean’s Fellowship is awarded on the basis of financial need. If you are eligible for this award, notification will be included in your financial aid package. Dean’s Fellowship awards range up to $4,000 per academic year. You must have a current FAFSA on file and you must be enrolled in a minimum of six credits per semester to be eligible for consideration. The Dean’s Fellowship is not awarded for the summer terms.
Some NYU-SCPS graduate programs offer departmental scholarships based upon financial need and/or academic merit. The majority of departmental awards are open to continuing students after a set number of credits are completed and academic merit in the program is established. Requirements and award amounts vary.
Explore Scholarships Online
Below, we have provided some helpful links for researching scholarship opportunities.
Please note the information presented by such services is not verified or endorsed by New York University.
Students must be enrolled in a minimum of six credits per semester to be eligible for federal loans. The NYU Office of Financial Aid determines your loan eligibility upon reviewing FAFSA data and your anticipated enrollment. Your loan eligibility will be included in your financial aid package. An overview of loans for which you may be eligible is below, and more detailed information can be found on the website for the NYU Office of Financial Aid.
Federal Direct Unsubsidized Stafford Loan
The Federal Direct Unsubsidized Stafford Loan allows eligible students to borrow up to $20,500 minus any subsidized Stafford Loan received. The interest rate is 6.8%. The loans may be offered in full to a student who does not demonstrate financial need or in addition to any subsidized Stafford amount up to the maximum amount of $20,500. The federal government does not pay the loan interest while you are in school. Instead, interest is accrued and added to the principal of the loan. Loan repayment begins six months after you graduate or drop below half-time enrollment (six credits in a given semester). Borrowers have the option of paying the interest while in school.
Federal Direct PLUS Loan
The Federal Direct PLUS Loan allows eligible students to borrow up to the total cost of attendance minus any other financial aid received. The interest rate is 7.9%. Interest accrues and is added to the principal of the loan. Borrowers have the option of paying the interest while in school.
Private loans may be borrowed for up to the total cost of attendance minus any other financial aid received. Students should apply for all eligible federal assistance available by submitting the FAFSA before considering a private, alternative loan. Most private loans are more expensive than federal loans and terms, conditions, and eligibility requirements vary.
For more information about federal and private loans, visit the NYU Office of Financial Aid.
Savings and Loan Calculators
Below we have provided links to financial calculators that will help you to calculate how much school will cost, how much you will need to save, and how much aid you will need to complete your study.
Please note the information presented by such services is not verified or endorsed by New York University.
TuitionPay is an interest-free payment plan that allows for all or a portion of a student’s educational expenses to be paid in monthly installments. There is a nonrefundable enrollment fee of $55.
The Deferred Payment Plan allows students to pay 50 percent of the net balance due for the current term on the payment due date and defer the remaining 50 percent until later in the semester. This plan is available to eligible students registered for six or more credits per semester who do not have a previous unsatisfactory university credit record. Students are charged a nonrefundable application fee of $7.50 for each $1,000 deferred.
The NYU-SCPS Deferred Tuition Reimbursement Plan allows students who have the benefit of employer tuition reimbursement, to defer the portion of their tuition balance that will be reimbursed by their employer until the end of the term when they have received reimbursement. Students are charged a participation fee of one percent per month of the deferred amount beginning the first day of class until payment is made.
To take advantage of this financing alternative, students need to complete the Credits Against Employer Tuition Reimbursement Plan Application and present a company letter detailing their employer’s tuition remission policy. Payment of the full amount of tuition deferred is due by January 31 for the fall semester and June 30 for the spring semester.
Budget Planners
Budget calculators like the two we have provided below, can help you to understand how to keep track of your expenses and to budget wisely, while in school and after graduation.
These tools allow you to personalize a budget to reflect expenses relevant to your life situation.
Please note the information presented by such services is not verified or endorsed by New York University.
Financial aid is very limited for international students, but resources do exist. Many international students find more funding opportunities in their home countries. However, if that is not available to you, you may wish to consider:
Some NYU-SCPS graduate programs offer departmental scholarships based upon financial need and/or academic merit. The majority of departmental awards are open to continuing students after a set number of credits are completed and academic merit in the program is established. Requirements and award amounts vary.
The NYU Reynolds Graduate Fellowship is open to new students applying to any full-time, two-year master’s degree program at NYU. Fellows will receive up to $25,000 for every two years of study, as well as dedicated programming that supports their vision and work as change makers. Up to 20 Fellows will be named per year. To be eligible to apply for the Reynolds Fellowship, NYU-SCPS applicants must be applying for fall admission to study on a full-time basis in a master’s degree program.
Many independent organizations dedicate their efforts to finding and compiling scholarships for international students looking to study in the United States. Explore the links to the right for further information.
The NYU Office of Financial Aid lists private lenders that provide education loans specifically to international students—though not all international students will be eligible for every international loan program listed. You also may find favorable loan terms by applying instead for a U.S. domestic private loan with a creditworthy U.S. co-signer.
Budget Planners
Budget calculators like the two we have provided below, can help you to understand how to keep track of your expenses and to budget wisely, while in school and after graduation.
These tools allow you to personalize a budget to reflect expenses relevant to your life situation.
Savings and Loan Calculators
Below we have provided links to financial calculators that will help you to calculate how much school will cost, how much you will need to save, and how much aid you will need to complete your study.
Please note the information presented by such services is not verified or endorsed by New York University.
An NYU degree is well within reach for veterans of the U.S. Armed Forces. NYU is a proud participant in the Yellow Ribbon GI Education Enhancement Program, which provides scholarship assistance from the University and the U.S. Department of Veterans Affairs.
To be considered for Yellow Ribbon benefits an individual must meet the criteria to receive the maximum Post 9/11 GI Bill benefit. An individual may be eligible for the Yellow Ribbon Enhancement if he/she:
The U.S. Department of Veterans Affairs (VA) is currently accepting applications for the Post-9/11 GI Bill benefits. To qualify for the Yellow Ribbon Enhancement, you must apply to the VA. The VA will determine your eligibility for the Post-9/11 GI Bill, and issue you a Certificate of Eligibility. You may then contact Clara Fonteboa at clf1@nyu.edu or at (212) 998-4823.
NYU also offers extensive resources for veterans through the NYU Student Resource Center.
