How to Apply for Financial Aid at New York University

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Categories: Finance | Education | How Tos

  • Rising tuition costs can leave many prospective college students (and their parents) scratching their collective heads about how to pay for school. If you hope to attend New York University, you should know that the school has well-established guidelines for obtaining financial aid. Read on for more information on how to apply for financial aid at New York University.

  • Tips On Applying for Financial Aid at NYU

    1. Gather all necessary documents you will need to apply for financial aid
    2. Fill out and submit a FAFSA application form
    3. If you are a resident of New York State, apply for a TAP grant
    4. Consider applying for various scholarships offered by NYU
    5. Also consider applying for outside scholarships

  • Disclaimer

    The content in this page is not a substitute for professional financial advice. Please contact your financial adviser before using the information presented here.

  • Introduction

    • If you are planning to attend New York University and are concerned about tuition costs, financial aid could be the answer. A majority of New York University's full-time undergraduate students—74%—receive some form of financial aid while in school.New York University: Financial Alternatives New York University has a clear-cut plan in place to help you obtain financial aid, if you qualify.

  • Step 1: Submit Your Financial Aid Application

    (Creative Commons photo by said&done)

  • Are You Qualified?

    • In order to qualify for federal student aid, you must:
    1. Be a U.S. citizen
    2. Have a valid Social Security Number
    3. Be registered with Selective Service if you are a male between 18 and 25 years of age
    4. Have a high school diploma or GED
    5. Be accepted for enrollment or already enrolled in a school that participates in federal student aid programs
    6. Have no drug convictions while you were receving any kind of federal financial aid in the pastFAFSA: Who is eligible to receive Federal Student Aid?

  • Applying for FAFSA

    • Before you fill out and submit the FAFSA basic application form, you will need to first gather the necessary documents and information you will need to apply, including:
    1. Social Security Number
    2. Driver's license
    3. Tax returns
    4. Bank statements
    5. Tax records
    6. Information on your dependency status
    • Once you have the necessary documents, you will need to:
    1. Print and complete a FAFSA web worksheet.
    2. Decide how you will sign your application.
      1. You can submit electronically, using a pin number that can be obtained online.
      2. You can opt to mail in a signature page.FAFSA: Signatures Required
    3. Submit the form, making sure to give permission for your information to be forwarded to New York University.
      1. NYU's federal school code number is 002785.NYU Office of Financial Aid: Basic Financial Aid Application Information
    • Be sure to note New York University's financial aid application deadlines:
    1. Priority deadline for freshmen: February 15
    2. Deadline for all other students: March 1NYU Office of Financial Aid: Financial Aid Application Deadlines

  • Applying for TAP

    (Creative Commons photo by jeffk)
    • TAP helps students in New York State pay for tuition at in-state postsecondary institutions, including New York University.
    1. You must fill out a FAFSA form before applying for TAP.
    2. You will be able to directly link to TAP's online application from your FAFSA application.
    3. The information submitted on your FAFSA application will be automatically added to your TAP application.
    4. Obtain a PIN number to complete your TAP application.
    5. Include New York University's state school code number on the application. NYU's state school code number is 0555.

  • Are You Eligible?

    1. To be eligible for a TAP grant you must:
    2. Be a legal resident of New York State
    3. Have a high school diploma or equivalent
    4. Be a full-time student taking at least 12 credits per semester
    5. Be in good academic standing, maintaining at least a C average
    6. Meet the necessary income requirementsNYU Office of the Bursar: TAP (Tuition Assistance Program)

  • Step 2: NYU Scholarships and Scholars Programs

    • New York University offers several university-wide and school-based scholarships and scholars programs to its students.

  • University-Wide Scholarships and Scholars Programs

    1. Martin Luther King, Jr., Scholars Program
    2. Lewis Rudin City Scholars
    3. Phi Theta Kappa scholarships
    4. AnBryce scholarships
    5. ARCH
    6. The Reynolds Program in Social Entrepreneurship
    7. Paths to PeaceNYU Undergraduate Admissions: University-Wide Scholarship Programs

  • School-Based Scholarships and Scholars Programs

    1. The College of Arts and Science
      1. Presidential Honors Scholars Program
      2. Baird Urban Experience
      3. Intel and Siemens Scholars
      4. Women in Science ProgramNYU Undergraduate Admissions: CAS Scholars Programs and Scholarships
    2. The Steinhardt School of Culture, Education, and Human Development
      1. Community College Transfer Opportunity Program scholarships
      2. Education scholarships
      3. Artistic scholarships
      4. Gateway Mathematics Education scholarshipsNYU Undergraduate Admissions: Steinhardt Scholars Programs and Scholarships
    3. The Tisch School of the Arts
    4. The Gallatin School of Individualized Study
    5. The College of Nursing

  • Step 3: NYU Financing Alternatives

    (Creative Commons photo by Eleutheromanic)
    • In the event that you learn you do not qualify for federal student aid or New York State's TAP grant, don't despair: there are other ways to finance your education at New York University. NYU offers a number of financing alternatives, including:
    1. TuitionPay Plan: this plan allows you to pay monthly installments on an interest-free loan for all education expenses
    2. Deferred Payment Plan: tuition and room and board payments can be extended over a semester
    3. Fixed Payment Plan: allows prepayment of up to four years of tuition, room and board and other expenses at a fixed rate
    4. Tuition Stabilization Plan: guarantees a set tuition rate from the time of enrollment
    5. PLUS Loan Program: a low-interest, federal student loan for parents of undergraduate, dependent studentsNew York University: Financing Alternatives (1.44 MB)

  • Step 4: Outside Loans and Scholarships

    • In addition to school- and university-based scholarships and loans, you may also be eligible for several outside scholarships that can be used at New York University, including:
    1. National Merit Scholarship Program
    2. Gates Millennium Scholarships
    3. New York Times College Scholarship Program
    4. Presidential Freedom Scholarships
    5. Smart Start Scholarships
    6. Coca-Cola Scholars
    7. Dell Scholars Program
    8. Hispanic Scholarship Fund
    9. Horatio Alger Scholarship Program
    10. The Jackie Robinson Foundation
    11. P.E.N.C.I.L.: Seinfeld Scholarship
    12. Walmart Scholarships

  • Conclusion

    • If you plan on attending New York University but are worried about how to finance your education, financial aid could be an option. Applying for financial aid at New York University can go a long way toward helping you pay for your education. Be sure to make a note of all application deadlines and submit your financial aid applications on time.

  • References for How to Apply for Financial Aid at New York University



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