Financial Aid

Financial Aid & Scholarships

Thinking of finishing your undergraduate degree?
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Completing your undergraduate degree can help you to qualify for jobs that specifically require skills and knowledge, which are acquired through this important credential. Whether you are a transfer student or an adult going back to school after a long hiatus, committing to completing your undergraduate degree requires careful financial planning. Our goal is to help you make well- informed decisions by ensuring that you are aware of all of your financial aid options, and to put together a plan that works best for you.

Explore Your Options

Scholarships and Grants

Grants and scholarships are kinds of financial aid that you don’t have to pay back. While scholarships can be merit or need-based, most grants are based on your specific financial circumstances. Below are scholarships and grants offered through NYU SPS. While scholarships can be merit- or need-based, most grants are based on your specific financial circumstances. Below are scholarships and grants offered through NYU SPS. DAUS also offers scholarships for students already enrolled in its programs.

Federal and State Grants

Federal Pell Grants 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 must be matriculated for your first bachelor's degree. You are automatically considered for the Pell Grant upon filing the FAFSA. Amounts can change yearly.

The Tuition Assistance Program is a grant awarded to residents of the state of New York who are enrolled in a full-time degree program. 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.

Aid for Part-Time Study (APTS) is a grant program that offers grants to New York state residents pursuing part-time undergraduate degree study. To be eligible, a student must have filed a FAFSA and must demonstrate financial need; must not have exhausted their TAP eligibility; must be otherwise eligible for financial aid; and must be enrolled for three to 11 credits per term.

Achieve Scholarship

The NYUSPS Achieve Scholarship will be awarded to 20 high-achieving incoming Division of Applied Undergraduate Studies students from community colleges each Fall. For best consideration, apply as soon as possible! Competitive candidates for the Achieve Scholarship should:

  • have completed their Associate degree at the time they join NYUSPS. Associate degrees can be in progress at the time of application but should be complete prior to enrollment at NYUSPS.
  • have a cumulative GPA of 3.8 or higher at their community college.

This scholarship is also need-based. Applicants interested in the Achieve Scholarship should have a valid 2023-2024 Free Application for Federal Student Aid (FAFSA) on file using NYUs school code (002785) at the time they apply for admission. Applicants who meet these criteria can indicate their interest in Achieve on the admissions application.

If admitted, Achieve Scholars are expected to enroll full-time and complete their Bachelor’s degree in two years to maintain their scholarship.

NYU School of Professional Studies Scholarship

Qualified students may be awarded up to $10,000 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. You must complete the FAFSA annually to be qualified for the NYUSPS Grant, and you must enroll in a minimum of six credits per semester.

Community College Transfer Opportunity Program

The NYU School of Professional Studies Division of Applied Undergraduate Studies (NYUSPS DAUS) is proud to participate in the Community College Transfer Opportunity Program (CCTOP). This scholarship and advisement program is designed to help qualified community college students transfer to the Division of Applied Undergraduate Studies. The CCTOP scholarship at NYUSPS DAUS is set to meet 50 percent of a student's financial need up to $7,500 per academic year.

Eligibility

You may be considered for the CCTOP scholarship if you meet the following criteria.

We encourage you to visit our campus and to learn more about all that CCTOP and NYU have to offer. We host CCTOP Visit Days several times each semester, which include a tour of campus and a transfer-specific information session. You can register yourself or as a group for one of these days through the CCTOP website.

Phi Theta Kappa

Phi Theta Kappa (PTK) scholarships are available to new community college transfer students with a minimum 3.8 cumulative GPA. You must be able to provide a copy of your PTK certificate and your final transcript. PTK scholarships are in the amount of $2,500 per academic year and are renewable with satisfactory academic progress.

Dean's Scholars Program

The Dean’s Scholars Program recognizes outstanding undergraduate students with a scholarship of $5,000 per semester. All NYUSPS undergraduate students are encouraged to apply (domestic and international). Applicants must have completed 48 credits at time of application (at least 16 credits completed and two semesters enrolled at NYUSPS), must be enrolled at least part-time (6 credits), and must have a minimum GPA of 3.5. Dean’s Scholars agree to service commitments and responsibilities, such as serving as an NYUSPS ambassador, attending meetings with the dean, participating in student organizations and community service. Applications for the upcoming year are available in early Spring. For more information, please email sps.deansscholars@nyu.edu.

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Shimkin Scholarship

The late Leon Shimkin rose through the ranks in the elite world of New York City book publishing—starting out as a bookkeeper, he eventually became the chairman of the board and owner of Simon & Schuster. He also was a one of the founders of Pocket Books. During his early career he completed his degree at NYU by taking evening classes. Deeply committed to supporting non-traditional students in their academic pursuits, he established this scholarship fund to provide tuition assistance to newly admitted DAUS students who demonstrate academic promise and financial need.

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External Scholarships

We always encourage our students to explore external scholarship opportunities. Scholarship search engines to consider include:

Global Diversity Scholarship

The SPS Global Diversity Scholarship is designed to help graduate students and DAUS undergraduate students from historically marginalized communities participate in SPS Global Field Intensive (GFI) courses during the J-term, spring, and summer semesters. By creating opportunities for students who may not be otherwise able to participate in a global experience, the Global Diversity Scholarship is one effort in the broader commitment to Diversity and Inclusion at SPS. Recipients of the scholarship will receive a grant that covers the entire program activity fee for the GFI in which they are enrolled. This scholarship is only available to graduate students and DAUS undergraduates. Traditional undergraduate students are not eligible to apply.

Please Note: Students applying to the BS in Real Estate, BS in Hotel and Tourism Management or BS in Sport Management need to visit the NYU Financial Aid and Scholarships website.

Loans and Payment Plans

Federal and private loans are available to help you pay for your graduate education. Federal loans require you filing a FAFSA. Payment plans offered through the NYU Bursar also available. Many employers also offer tuition reimbursement, so if you are working, be sure to check with your HR department.

Federal Loans

Federal student loan programs offer low-interest student loan options for US citizens and permanent residents. Federal loan options for undergraduate students include:

  • Direct Subsidized Loans
  • Direct Unsubsidized Loans
  • Parent PLUS Loans

You must first file a Free Application for Federal Student Aid (FAFSA) using NYUs school code (002785). More information about these loan programs including loan amounts, interest rates, and repayment plans can be found here.

Private Loans

A variety of additional, private (non-federal) alternative loans also are available from lending institutions. Please think carefully about your obligations as a borrower prior to pursuing any educational loan. Consider your educational investment at NYU, as well as your long-term financial commitments when borrowing.

Payment Plans

The Office of the NYU Bursar provides several payment plans to assist students with their tuition payments.

Employer Tuition Reimbursement

If your employer provides tuition assistance or reimbursement, we are happy to accommodate such plans. Students who receive employer tuition reimbursement must complete and submit paperwork and documentation prior to the start of each term

International Students

More than 50% of students attending NYU SPS are international. While US federal aid is not available to international students who seek to earn a graduate degree, other options are available including:

Military Veterans & Active Duty Military

Active duty members of the military and their family members qualify for a range of military benefits and additional financial aid and scholarships. If you are in the military now, your unit may pay for your tuition if you attend college in your off-duty time. Tuition assistance for military spouses and other family members also is available.
 
Once you have an understanding of your benefits, we can help you to plan the financial path best for you.

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Military veterans and their family members qualify for a range of military benefits and additional financial aid and scholarships. NYUSPS is a proud participant in the Yellow Ribbon GI Education Enhancement Program, which provides scholarship assistance from the University and the US Department of Veterans Affairs. NYUSPS currently provides a $10,000 Yellow Ribbon award which is matched by the VA for an annual award total of $20,000.

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 the VA Certifications Team at certifications@nyu.edu. We appreciate your service!