In this section, you will find an overview of financial aid opportunities. To discuss these options further, prospective students are invited to e-mail us your questions or to 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.
Qualified students may be awarded up to $7,000 per academic year. These scholarships are based upon financial need and academic potential and are awarded after completing the FAFSA. No additional application is necessary.
If you are a new student in the process of applying for admission, please note that priority consideration is given to applicants with a complete application for admission on file by the recommended application submission date for their intended term of entry. However, all eligible applicants with a complete application on file by the final application deadline will be considered.
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.
The Federal Pell Grant Program provides assistance to undergraduate students who demonstrate financial need according to requirements established by the federal government. To be eligible, you must enroll in a degree program and be matriculated for your first bachelor's degree. You are not eligible if you have already completed a bachelor's degree. You are automatically considered for the Pell Grant upon filing the FAFSA. For more information, see the NYU Office of Financial Aid.
TAP is a grant awarded by the State of New York. Legal residents of the state of New York who are enrolled in a full-time degree program may be eligible for awards under this program. Eligible students will be awarded between $100 and $2,500 (check the Office of the Bursar for updates). TAP is based upon financial need, and you must file a FAFSA and a separate TAP application. If you qualify for TAP, the TAP application instructions will be included in your FAFSA results.
APTS is a financial aid program that offers New York state residents pursuing part-time undergraduate degree study awards in amounts of up to $2,000 per academic year. To be eligible, the student must have filed a FAFSA and demonstrate financial need; must not have exhausted their TAP eligibility; must be otherwise eligible for financial aid; and must be enrolled for 3 to 11 credit points per term.
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 at the NYU Office of Financial Aid.
There are subsidized and unsubsidized Federal Stafford Loans. Subsidized Stafford Loans accrue no interest while you are attending school. Payment on Subsidized Stafford Loans begins six months after graduation or before if you fall below half-time status (six credits). The current limits for subsidized loans are:
Unsubsidized loans do accrue interest while you are attending school. Payment for interest on unsubsidized Stafford loans starts 60 days after the loan funds are credited to your bill, but can be deferred. The current limits for unsubsidized loans are:
Additional unsubsidized loans can be obtained if students meet certain eligibility requirements. The current limits for these additional loans are:
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 to 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 as well as for those who 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.
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, you may wish to consider:
Many independent organizations dedicate their efforts to finding and compiling scholarships for international students who seek 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 may also find favorable loan terms by applying instead for a U.S. domestic private loan with a creditworthy U.S. co-signer.
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.
Veterans join an extraordinary community of McGhee students many of whom, like themselves, have taken a nontraditional path toward their undergraduate education. The McGhee Division’s supportive and flexible learning environment allows students to pursue their studies while keeping up with family, work and community obligations. Advisors and staff members strive to help you achieve balance while advancing your progress quickly and successfully.
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.
"My military experience made me realize I needed to pursue a college education. Being stationed in a country like Iraq, and seeing its social problems firsthand, allowed me take a second look at things. It made me realize the value of earning a degree."
TODD THURMAN, B.A. in Social Sciences
