FUNDING FOR INTERNATIONAL STUDENTS

The cost of tuition is the same for both international and domestic students. For visa purposes international students must be prepared to pay the total cost of attending an undergraduate program at the School of Continuing and Professional Studies, including tuition, fees, room, and board. Certification of funds must be provided to NYU's Office of International Students and Scholars (OISS).

International students who are admitted to an undergraduate program are required to fill out an Application for a Certificate of Eligibility (AFCOE) online through OISS. If you have questions about the AFCOE, or documentation regarding verification of financial support, immigration documents, health insurance polices, orientation for international students, and other activities please contact the Office for International Students and Scholars.

INTERNATIONAL STUDENT LOANS
NYU works with a number of institutions to provide loans for international students. Students may borrow funds in their own name or with an international co-signer.

Fannie Mae / Sallie Mae Signature Select International Loans
The annual loan minimum is $500 and the maximum is 20,000. The current interest rate is 10.25%

CitiAssist Global International Loan
The annual loan limit is 20,000 and the current interest rate is 10%.

For more information about private loans for international students please contact NYU's Office of Financial Aid.

PAYMENT PLANS
NYU also offers or participates in a variety of payment plans. They range from a 12-month, interest-free prepayment plan to loan programs that allow you to finance the cost of your education over many years.

Monthly Payment Plan
The traditional University billing cycle of one large lump-sum payment due at the beginning of each semester makes it difficult for many students to pay educational expenses out of their current income. In response to this situation, NYU offers the Monthly Payment Plan in which all or a portion of a student's educational expenses may be paid in monthly, interest-free installments. The Monthly Payment Plan is not a loan program. Rather, it is a budget plan administered by Academic Management Services (AMS) that enables you to spread your payments over the course of the year. Participation in the plan typically begins in June, prior to the fall semester classes.

Deferred Payment Plan
If you are registered for six or more credits in a semester, the Deferred Payment Plan allows you to extend tuition payments. You may defer up to 50 percent of the net amount due each semester. Simply subtract the amount you wish to defer from your initial payment and repay it in two equal installments at an annual interest rate of 12 percent. For the fall semester, 50 percent of tuition is due at registration, and the balance can be paid in two equal payments in October and November. A similar program is available for the spring semester.