How It Works

If your tuition is being paid for by a third party or sponsoring company, you’ll need to provide us with written authorization for payment of tuition and/or fees on the organization’s letterhead.

Your sponsor can fax its letter to (212) 998-2817, email it to bursar.studentaccounts@nyu.edu or submit it in person.

Checklist of what your third-party sponsor should include in the letter:

  • Your name
  • Your ID number
  • Semester(s)/academic year covered
  • Number of credits or course work covered
  • Dollar or percentage limit of tuition and/or fees, if applicable
  • Sponsoring company’s name, billing address, contact person, email address, and telephone number
  • Financial guarantee signed by authorized company individual (cannot be signed by the student or family member)

Once we receive the authorization and you have registered for courses, your account will be credited conditionally for the amount guaranteed by your sponsor in the form of an anticipated 3rd party credit. The credit does not reflect payment, but will remain on the account to prevent late fees or penalties.

Billing

The billing process begins when we receive your financial guarantee or authorization.

Third-party billing statements are emailed directly to the sponsor following the add-drop period for your program to limit changes that could impact the amount due.

Your sponsor will see your name, a breakdown of charges by type, the dollar amount, and the number of academic credits attempted that term.

You will not be able to review or sign the statement before it is mailed.

Statements are sent in U.S. dollars. Please note only checks or wire transfers are accepted forms of payment. New York University does not accept credit card payments.

Third-Party Billing Schedule

Spring 2021
Billing Date Due Date
Initial Bill 02/11/21 03/08/21
Final Bill 03/09/21 03/26/21
Removal of Billed Credit 03/29/21
  
January Term 2021 Billing Date Due Date
Initial Bill 01/05/21 01/29/21
Removal of Billed Credit 02/01/21
  
Fall 2020    Billing Date Due Date
Initial Bill 09/16/20 10/09/20
Final Bill 10/12/20 11/02/20
Removal of Billed Credit 11/03/20  
Summer 2020 Billing Date Due Date
Initial Bill 05/28/20
 06/12/20
Final Bill
 06/15/20 07/07/20
Removal of Billed Credit 07/08/20  

Checks with relevant invoices attached can be mailed to:

New York University
Office of the Bursar
105 East 17th Street, 3rd Floor
New York, NY 10003
Attn: Third Party Payment

Your and Your Sponsor’s Responsibilities

Keep these important elements of third-party billing in mind, so you and your sponsor can navigate the process successfully:

  • While we can accept authorizations or financial guarantee letters after the final bill date for the term and will then invoice an organization, we will not apply an anticipated 3rd party credit to the student account until payment is received.
  • If you withdraw before the end of a semester, your sponsor will still be billed for expenses. Please reference the university’s withdrawal policy to learn more.
  • If we don’t receive payment from your third party before the removal of billed credit date for the semester, you will be responsible for the unpaid amount. You will receive a notice and a hold will be placed on your account.