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Summer Financial Aid Application for
NYU Graduate Students


First Name:  
Last Name:  
NYU ID*:  
    * Enter your University I.D. as it appears on the back of your NYU student identification card (it begins with the letter N).
Email:  
Telephone:  
Credits:   Indicate the total number of credits you will enroll for in the summer. Be sure to include any Summer Intensive courses you are taking.

School:   At which NYU school are you enrolled for summer course(s)?
(NOTE: Stern graduate students DO NOT use this form; instead go to "Forms" at www.stern.nyu.edu/finaid. Students in the 16-month School of Social Work program or in the 14-month FastTrack Program in Steinhardt are NOT required to submit this application, but must submit the FAFSA no later than July 15 to be considered for federal loans.)

Equivalency:   Full-Time Equivalency (FTE) or Half-Time Equivalency (HTE) is an enrollment status that graduate students in some programs can receive even if they are not actually enrolled in 12 credits (full-time) or actually enrolled in 6 credits (half-time). FTE or HTE may allow financial aid eligibility where minimum enrollment is required. Students should consult with their school advisors if they are seeking FTE or HTE status. For the equivalency status to be official, it must be approved and posted by the student's academic department and posted on NYU Albert for the summer semester. Please note: Maintaining matriculation is not the same as an academically approved equivalency.

Will you have a department approved full-time or half-time equivalency posted for the summer?

NYU Abroad:   Are you enrolled in a summer NYU Study Abroad program?



(If you are participating in a non-NYU summer Study Abroad program and you wish to apply for federal student aid, you must complete a Consortium Agreement and send it to us when you submit this form.)

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Your Options for Summer Financial Assistance:


1. FEDERAL LOANS.

Priority Deadline: JULY 20, 2014.

Do you wish to apply for federal student loans? (Please read the instructions at right.)



2. PRIVATE (NON-FEDERAL) ALTERNATIVE LOAN.

Priority Deadline: JULY 20, 2014.

Will you apply for a private loan to assist with your summer session costs? (Please read the instructions at right.)



3. ASSISTANCE FROM OTHER SOURCES.

If you will receive tuition remission from NYU or an outside employer, or any other outside financial assistance for your summer attendance at NYU, please specify in the box below and include the number of credits covered or the dollar amount.



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CERTIFICATION: You confirm that you have read and understand the information provided here and agree to the terms and conditions for summer financial assistance at New York University.




   

Instructions

All students should first submit the Free Application for Federal Student Aid (FAFSA) to be evaluated for financial aid at New York University. Enter the NYU federal school code 002785 on the FAFSA to transmit the information to NYU. Submit the FAFSA before you submit this Summer Financial Aid Application.

IMPORTANT:

  • If you attended a NYU summer session last year (summer 2013) and received financial aid during that period based on your submission of the 2013-2014 FAFSA, you must now complete the 2014-2015 FAFSA if you have not already done so to be evaluated for summer 2014.

  • If you DID NOT attend a NYU summer session last year (summer 2013), you must complete the 2013-2014 FAFSA if you have not already done so to be evaluated for summer 2014.

Please review the financial assistance options described below. The priority deadline to submit this form is JULY 20, 2014. The priority deadline should be observed to ensure that you have enough time to receive a response and can plan accordingly. If you miss the priority deadline you should submit this form immediately, but remember that funds become increasingly limited and subject to availability.

Application processing begins in late March. Please allow up to three weeks for review.

Students will be awarded their financial aid online via NYU Albert. An email with the appropriate link will be sent to your NYU email account once your financial aid award package is available (awarding for summer begins in late March). Information about how to secure your aid will be provided in your financial aid award package. All communication regarding your summer financial aid will be available to you via "self service" on NYU Albert.

1. FEDERAL LOANS.

The priority deadline to submit this form is JULY 20, 2014.

Your record will be reviewed for maximum summer federal loan eligibility. You must be enrolled at least half-time (6 credits or more OR at least a half-time equivalency) to be eligible for federal loans. As with your other aid, you will be able to view these suggested amounts on NYU Albert once you've been awarded. If federal loans are offered in your award, and you wish to pursue them, follow the specific instructions on Albert to obtain the loan funds. Please follow the instructions carefully and promptly. (NOTE: If you have borrowed the maximum annual amount of $20,500 in combined Federal Stafford Loans as of spring 2014, you are not eligible for any additional Stafford loan amounts until fall semester 2014.)

2. PRIVATE (NON-FEDERAL) ALTERNATIVE LOAN.

The priority deadline to submit this form is JULY 20, 2014.

This may be an option for you if you are not eligible for federal aid. NYU does not endorse, recommend or prefer any particular private loan over another. Note that loan terms and eligibility requirements can vary. Click here for information about lenders that NYU students have used in the past. Students may apply for a private loan via the lender's website, and credit approval is usually necessary. Allow up to 3 weeks for processing.

Please submit this summer aid application before you apply for a private loan.

If you apply for a private loan be sure to list NYU as your school and your loan period/period of enrollment as May 27, 2014 to August 16, 2014.

PLEASE NOTE: Private alternative loans for summer are set to disburse in 2 separate payments during the summer. A refund cannot be issued until sufficient funding has been received to cover all charges. For most students, this will not occur until after the second scheduled disbursement arrives in July 1. Please plan accordingly. In addition, you must be enrolled at least half-time at the time of disbursement or your funds will be returned to the lender.

3. ASSISTANCE FROM OTHER SOURCES.

If you will receive tuition remission from NYU or an outside employer, or any other outside financial assistance for your summer attendance at NYU, please specify and include the number of credits covered or the dollar amount.

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Disbursement of Your Financial Aid

Please note that you must be registered for no less than the number of credits you indicate on this summer aid application in order for your financial aid to be disbursed. Review your number of intended credits carefully. If you need to revise the number of intended credits for summer session I or II, you will have the opportunity to do so after you've initially been awarded but before your summer financial aid is disbursed. An email will be sent to your NYU email account once you've been awarded with instructions on how to access your award and how to update your intended points, if necessary.

Students must be enrolled at least half-time (6 credits or more OR at least a half-time equivalency) to be eligible for federal loans. For those who pursue private loans, terms may vary. Students should be aware of eligibility and disbursement criteria of the private loan they select.

Federal regulation determines the timing of your federal financial aid disbursement (i.e. federal grants and federal loans, described in item 2 above). Disbursement will depend on the academic cycle in which your summer session is included. The Office of Financial Aid will determine which is applicable, based on the regulation.

  • For most students summer 2014 is considered part of the 2013-2014 academic year. Federal aid will be made in 2 disbursements: the first summer disbursement will occur ten days before the start of your summer session, and the second disbursement will be approximately July 1.

  • Students who were enrolled last summer (2013) and received federal aid during that period are not eligible for any additional assistance for 2013-2014, and your financial aid will be processed as part of the 2014-2015 academic year. Federal aid for summer 2014 will be made in a single summer disbursement on July 1. Please plan accordingly.

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Remember to view your financial aid status on NYU Albert. Be sure that your address information is current on NYU Albert. All email communication will be sent to your NYU email address.

Please contact us if you have any questions.


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