Tuition and Fees
New students who register on-line must remit payment in full by the payment deadline set by the Admissions Office. Continuing students must submit payment by designated dates set by the Office of the Bursar. For payment dates and deadlines, see Payment Due Dates. For payment options and instructions, please see the Bursar's web site at When and How to Pay.
The Board of Trustees of New York University reserves the right to alter the schedule of tuition and fees without notice.
Tuition and Related Fees
For current tuition and related fees, see Tuition.
Refund Schedule
For the latest refund policy, see Refunds.
For information regarding refunds for specific classes, see Dropping Classes/Semester Withdrawal.
Tuition and fees are nonrefundable after the 100% tuition refund date of each class. (The Business Writing Workshop fee may be refundable if you drop prior to the start of the workshop.) Tuition for intensive modules and Spring Break classes is nonrefundable starting the first day of each class.
The effective date of any drop or withdrawal is the date: the course is dropped online, the postmark of a request sent by mail, or the date of an emailed request.
Students seeking an exception to the published refund schedule may appeal to the MBA Academic Policy Board in writing and document the circumstances warranting consideration. Serious illness or military service may be considered causes for exceptions. Travel required for a job or other job-related issues are not reasons for exceptions to the refund policy. Email your appeal to the MBA Academic Policy Board.
Payment of Tuition and Fees
Payment Methods
Electronic, Personal or Bank Check
See Ways to Pay.
NYU Scholarship
Students receiving an NYU scholarship are responsible for any balance not satisfied by the scholarship.
Tuition Remission for NYU Employees
Please see Tuition Remission for Employees.
Employer or Third Party Sponsorship
Please see Third Party Payments.
Payment Plans
Please see Payment Plans.
Federal Direct Unsubsidized Student Loans
Students with an approved Federal Direct Unsubsidized Student Loan will receive a loan credit pro rata, on a semester basis, from the Stern Graduate Financial Aid Office. To be eligible, you must be at least half-time. This loan credit will enable students to register without the actual loan receipt of the proceeds (which occurs about ten days prior to the start of the semester). See Stern Graduate Financial Aid for details.
Federal Direct Graduate PLUS Loans
You may only include the Federal Direct Graduate PLUS Loan as part of your payment if your loan has been certified by the Stern Graduate Financial Aid Office and you have been approved for the loan by the Department of Education. To be eligible, you must be at least half-time. This loan credit will enable students to register without the actual loan receipt of the proceeds (which occurs about ten days prior to the start of the semester). Do not include the Federal Graduate PLUS Loan sources unless you have received a credit approval notice via email from the Department of Education. See Stern Graduate Financial Aid for details.
Private Student Loans
Proceeds from private student loans shall be applied to the tuition pro rata on a semester basis. It is the student’s responsibility to apply for and comply with the application and credit requirement of the private lenders. The Stern Graduate Financial Aid Office will certify your loan once the application is received.
Veterans Status and Benefits
Various Department of Veterans Affairs (VA) programs provide educational benefits for veterans and in-service personnel, as well as for spouses and children of deceased or permanently disabled veterans. Veterans with service-connected disabilities may be qualified for educational benefits under Chapter 31. For detailed information on VA regulations, programs and benefits, particularly the Chapter 33 (Post 9/11) benefit, including the Yellow Ribbon program, please consult the VA web site at http://www.va.gov/.
Upon being notified by the VA of their eligibility for benefits, students should present a copy of their Certificate of Eligibility or Statement of Benefits or, for Chapter 31 beneficiaries, the Authorization for Education (VA Form 28-1905) to:
The School Certifying Official
Stern Graduate Division, Office of Records and Registration
44 West Fourth Street, Suite 6-65
New York, NY 10012-1126
email: dgordon@stern.nyu.edu
All veterans are expected to reach the educational objective (master’s degree, doctorate, or certificate) approved by the VA with the minimum number of credits required. The VA may not authorize payments for credits that exceed scholastic requirements, that are audited, or that receive grades without a numerical value.
Since interpretation of regulations governing veterans’ benefits is subject to change, veterans should keep in touch with the Department of Veterans Affairs website at http://www.va.gov/.
Penalties
Late Payments
Unpaid student accounts will be charged a one percent interest charge each month until the balance is paid in full. See Finance Charge at Other Student Charges.
Arrears Policy
The University reserves the right to deny registration and withhold all information regarding the record of any student who is in arrears in the payment of tuition, fees, loans, or other charges (including charges for housing, dining, and other activities and services) for as long as any arrears remain. See Late or Nonpayment.
Diploma Arrears Policy
Diplomas of students in arrears will be held until their financial obligations to the University are fulfilled and they have been cleared by the Bursar. Graduates with a diploma hold may contact the Office of the Bursar at 212-998-2806 or bursar.studentaccounts@nyu.edu to clear arrears or to discuss their financial status at the University.