Undergraduate Financial Aid

FINANCIAL AID & SCHOLARSHIPS

Thinking of finishing your undergraduate degree?

Let us help you do it affordably.

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 >

"The Achieve Scholarship provided me with a way to finance a substantial portion of my education."

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 studentaid.gov. Amounts can change yearly. The maximum Pell Grant award is $7,396 for the 2024-2025 award year.

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. An annual TAP award can be up to $5,665. TAP is based upon financial need, and you must file a studentaid.gov 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 New York state residents pursuing part-time undergraduate degree study awards in amounts of up to $2,000 per academic year. To be eligible, a student must have filed a studentaid.gov 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 credit points per term.

The NYU SPS Achieve Scholarship will be awarded to 20 high-achieving incoming Division of Applied Undergraduate Studies students from community colleges each Fall. The Achieve Scholarship provides a $30,000 total award ($15,000 per academic year for two years). 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 NYU SPS. Associate degrees can be in progress at the time of application but should be complete prior to enrollment at NYU SPS.
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 2022-2023 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.

Qualified students may be awarded up to $16,000 per academic year. These scholarships are based upon financial need and academic potential and are awarded after completing the studentaid.gov. No additional application is necessary. You must complete the FAFSA annually to be qualified for the NYU SPS Grant, and you must enroll in a minimum of six credits per semester.

The NYU School of Professional Studies Division of Applied Undergraduate Studies (NYU SPS 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 NYU SPS 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.

Be a community college student at a partner school
Have earned a minimum 3.5 cumulative GPA at the community college
Have earned a minimum of 60 transferable credits towards an NYU SPS Division of Applied Undergraduate Studies degree program
Complete the undergraduate admissions process, by August 1 for the fall semester and by January 1 for the spring semester; be offered admission to the NYU SPS Division of Applied Undergraduate Studies; and enroll in one of its programs of study
Be a US citizen or permanent resident and eligible must file a FAFSA form
Be advised to be eligible for CCTOP your most recent school must be listed as a CCTOP partner school

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 (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.

The Dean’s Scholars Program recognizes outstanding undergraduate and graduate students who are currently enrolled and have completed at least one semester at NYU with a non-renewable scholarship of up to $10,000 (or $5,000 per semester). All degree bearing students at NYUSPS are encouraged to apply (domestic and international, in-person and online). Dean’s Scholars agree to service commitments and responsibilities, including serving as an NYUSPS peer mentor to incoming students. Applications for 2025/2026 will open February 25, 2025 and close on March 24, 2025. The application can be accessed HERE. For more inquiries, please email sps.deansscholars@nyu.edu.

2023-2024 Dean's Scholars

2022-2023 Dean's Scholars

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.

Learn More

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

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.

FREQUENTLY ASKED QUESTIONS

The NYU SPS Division of Applied Undergraduate Studies cannot guarantee that full financial need will be met. All eligible students should file the Free Application for Federal Student Aid (FAFSA) at www.studentaid.gov using the SPS code of 002785. We also encourage students to seek out additional scholarship and funding opportunities.

Students in the Division of Applied Undergraduate Studies (DAUS) at NYU SPS are not eligible for the NYU Promise Scholarship. However, we are proud to offer a multitude of scholarship opportunities for our DAUS associate and bachelor’s degree students. Learn more about financial aid and scholarships for DAUS students.

The Free Application for Federal Student Aid (FAFSA) is needed for U.S. citizens, permanent residents, and eligible non-citizens to be reviewed for federal financial aid eligibility. Residents of New York State should submit the New York State Tuition Assistance Program (TAP) application to be reviewed for TAP eligibility. The FAFSA can be completed on studentaid.gov .

Deferring your enrollment will not affect your financial aid for the most part. The only exception would be if you have deferred after receiving a DAUS Scholarship award. That award cannot be rolled over, you will have to complete that application. We also recommend that your FAFSA is current for the term you have deferred to. (Ex. Spring 2025 - 24-25 FAFSA, Fall 25 - 25-26 FAFSA).

NYU students who apply for financial aid in accordance with our priority deadlines are evaluated for financial aid and notified about the specific types and amounts of aid offered.An email with the appropriate link will be sent to you once your financial aid award package is available. Information about how to secure your aid will be provided in your financial aid award package and on your NYU Albert To-Do List. All communication regarding your financial aid will be available to you on NYU Albert.

Use our to Tuition Lookup Tool

We understand that coming to NYU SPS is an investment. Scholarship search engines such as Fast Web and Scholarships.com have also been used by many of our students to find scholarships based on their demographics and program. Additionally, we would highly encourage you to utilize the scholarship search tool at iGrad. You will log-in using your NYU credentials (no need to create a new account). Then search for scholarships and you will find the scholarship search tool. :

Once you accept your loans on NYU Albert, sign your MPN, and complete Entrance Counseling, credit is then posted to your account. The credit is provisional and does not change to real credit until 10 days before the start of the loan period.

You have the right to cancel all or part of any disbursement of a federal Direct Loan without being charged interest and other loan fees as long as the cancellation is processed within 120 days of the original disbursement date. The disbursement date is the date the funds were applied to your NYU Bursar bill during any given semester. To request a cancellation, they must make the request through the NYU Bursar’s Office by completing a Request to Return Loan Funds Form and submitting it to the Bursar as instructed on the form.

Applicants for federal student aid may be required to provide appropriate tax records if they are selected by the U.S. Department of Education for income and asset verification. You will be notified if this is necessary. The verification process may result in an adjustment to your financial aid award; verification can occur at any time throughout the year. If you do not provide tax documents when requested, your financial aid may be revoked.

Federal Work Study is a program that allows undergraduate and graduate students to work on-campus while completing their studies. Students are awarded Federal Work Study as part of their financial aid package based on their need as indicated on their Free Application for Federal Student Aid (FAFSA).

There are a few differences between Unsubsidized loans and Subsidized Loans loans. Unsubsidized loans are not need-based and interest accrues as soon as the loan is disbursed into your student account. Subsidized loans are need based and interest doesn’t begin accruing until you hit below half-time or are no longer in attendance of school. If you are a dependent student, you will see a Parent Plus Loan. Parent Plus Loans are loans that your parents can take out to invest in your education. Parent Plus Loans have a higher interest rate, but you can be awarded up your Cost of Attendance. Please note that one of your parents/guardians must apply and have a credit-check run for your Plus loan. For more information on Federal Loans, please visit Federal Student Aid.

We understand that investing in an NYUSPS education often requires a great financial commitment from our students and their families. NYU SPS has offered the best package that we can in the initial financial aid offer based on our resources. Unfortunately, there is not an additional appeal process.

Please email our team at sps.financialaid@nyu.edu for support including your areas of concern and your availability for a phone call or Zoom appointment.

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 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.

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.

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

"I was able to fund my studies through scholarships and federal loans."

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:

Funding Options in Home Countries
Departmental Scholarships
Private Loans
External Scholarships, which can be found through website that compile this information including: Foundation Center, Institute of International Education, International Education Financial Aid, Peterson's Education Center, and Education USA.

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.

Learn More >

Military veterans and their family members qualify for a range of military benefits and additional financial aid and scholarships. NYU SPS 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. NYU SPS 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!

NEED SOME GUIDANCE?

Not sure where to begin, want more information, have questions
related to the best approach to financial aid for you?

Review our comprehensive Financial Aid Guidelines and reach out to our team with any questions.

sps.financialaid@nyu.edu

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FINANCIAL AID & SCHOLARSHIPS

EXPLORE YOUR OPTIONS

Federal and State Grants

Achieve Scholarship

NYU School of Professional Studies Scholarship

Community College Transfer Opportunity Program

Phi Theta Kappa

Dean's Scholars Program

Shimkin Scholarship

External Scholarships

Global Diversity Scholarship

FREQUENTLY ASKED QUESTIONS

Does NYU SPS meet DAUS students' full financial need?

Are NYU SPS DAUS students eligible for the NYU Promise program?

How do I apply for financial aid?

I have deferred my enrollment at NYU. How does this affect my financial aid? (DAUS)

I applied for financial aid. Where is my award?

How much is tuition?

Do you know of any external scholarship opportunities that I can apply for?

How/when do my Direct Loans get posted to my tuition account?

I received a refund from my student loan. Can I return the refund check if I do not need the funds?

I have been flagged for verification, what is that?

I was packaged with Federal Work Study. Can you please explain what that is?

What are the differences between the loans I am offered?

Can I appeal for additional aid?

How can I speak to someone about my financial aid concerns?

Federal Loans

Private Loans

Payment Plans

International Students

MILITARY VETERANS & ACTIVE DUTY MILITARY

NEED SOME GUIDANCE?