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Frequently Asked Questions


Q: What is eCheck?

Student can make electronic payments toward their student account via the NYU eSuite. The eCheck payment option enables you to make payment toward your student account over the web by using an electronic interface with your bank.

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Q: When will the funds be transferred from my bank account?

Paying with an electronic check will initiate the transfer of funds from your bank account within one to two business days.

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Q: When will my payment be posted to my NYU student account?

Payment will be reflected on your Bursar student account immediately. However, payment will be deducted from you checking account within 1-2 business days. Payments made before 3:00 p.m. EST (Monday through Friday, excluding bank holidays) will be deposited to the studentís account at New York University on the next business day. Payments received after 3:00 will be deposited to the studentís account on the second business day after payment is made. Please note that payments made between 3 p.m. EST on Friday and 3 p.m. EST on Monday will be posted to the studentís account on Tuesday. Please keep this in mind to avoid late fees.

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Q: What if I make an eCheck payment on the tuition due date, but the funds are not transferred from my bank account until one to two business days later.

eChecks payments correctly entered by 3 p.m. EST. on the tuition due date will be posted to your account and be considered on time. Please note that if bank account information is entered incorrectly, the bank will return your payment. If you have enrolled for classes but do not meet the tuition payment deadline date, your class reservations will be cancelled and you must re-register. To avoid the possibility of your selected courses being closed, we strongly recommend that you meet the tuition payment deadline.

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Q: Does my bank/financial institution have to be in the United States?

Yes, only checking accounts with U.S. financial institutions may be used for making payments.

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Q: Can I use either a checking or savings account?

Payment using an electronic check must be made only from a checking account.

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Q: Can I use a Home Equity Line of credit account to make an e-check payment?

No, please be advised this service is not available if payment is being made from a Home Equity Line of credit account. You must submit your line of credit check directly to the NYU Office of the Bursar.

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Q: Can a parent, spouse or employer make payment on behalf of a student?

eCheck is available to parents and/or others who want to submit payments for tuition and fees. However students must invite parents to create an eSuite account in order to make
Electronic check payments
towards your balance.All account information is confidential for each eSuite user. No other person will have access to anotherís checking account information.

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Q: What happens if I do not have enough sufficient funds in my checking account when the electronic check is processed?

If a check is returned, the student will be charged a $20.00 returned check fee and a $25.00 late payment fee. Students will also be prevented from using paper/electronic personal checks in the future.Your bank may also require you to pay an additional returned check fee.

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Q: Can I use a check from my credit card company to make an eCheck payment?

No, you must submit a check from your credit card company directly to the university.

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