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Summer Financial Aid Application for
NYU Undergraduate 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)?

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. NYU SCHOLARSHIP.

Priority Deadline: MAY 1, 2014

All applicants are evaluated for summer scholarship funding when submitting this form. (Please read the instructions at right.)  



2. FEDERAL FINANCIAL AID.

Priority Deadline: JULY 20, 2014

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



3. NEW YORK STATE GRANT.

Priority Deadline: JULY 20, 2014

Do you wish to apply for the New York State Tuition Assistance Program (TAP) Grant? (Please read the instructions at right.)



4. 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. NOTE: students who receive NYU tuition remission are not eligible for NYU scholarship.



5. 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.)



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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. Priority deadlines 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. NYU SCHOLARSHIP.

The priority deadline to submit this form is MAY 1, 2014.

IMPORTANT: The May 1 deadline and scholarship eligibility criteria described below do not apply to students enrolled in the Paul McGhee Division of SCPS. Students in the McGhee program are automatically reviewed for scholarship eligibility. The May 1 deadline also does not apply to the 3-year dance program at Tisch School of the Arts, or if you will be a Junior in the accelerated Nursing program in summer 2014.

All applicants are evaluated for summer scholarship funding when submitting this form. To be eligible for summer scholarship at NYU, you must:

  • Enroll at least half-time (6 points) over summer sessions I and II. (If you enroll for fewer credits than you indicate on this form, your scholarship eligibility will be adjusted accordingly.) If your overall summer enrollment between sessions I and II is less than half-time (6 points) you will not be eligible for NYU Scholarship.

  • Be a matriculated NYU undergraduate student.

  • Scholarship funds must be available.

  • Be otherwise eligible for federal student aid.

  • Have financial need, after your federal aid eligibility for summer is taken into account, based on the review by the Office of Financial Aid.

  • If you are eligible, the amount of summer scholarship that you may receive is based upon your enrollment (combining enrollment in both summer sessions):

      Enrolled 1-5 points -- no scholarship
      Enrolled 6 to 8 points -- up to $1,700
      Enrolled 9 to 11 points -- up to $2,550
      Enrolled 12 points or more -- up to $3,400

2. FEDERAL FINANCIAL AID.

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

  • Federal Grants: Your record will be reviewed for summer grant eligibility.

  • Federal Loans: Your record will be reviewed for maximum summer federal loan eligibility. You must be enrolled at least half-time (6 credits or more) 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.

    Students who received their maximum Stafford loan amount for the spring 2014 semester may not be eligible for additional Stafford loan funds in summer 2014.

3. NEW YORK STATE GRANT.

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

If you are a New York State resident you may be eligible for a summer Tuition Assistance Program (TAP) Grant if you are enrolled as a full-time student (12 credits or more). Your potential TAP grant can be determined by using the New York State TAP Estimator. If you use the TAP calculator, divide the estimated one semester amount by 2 to obtain the amount for summer.

Note: Undergraduate students are limited to receive a total of eight TAP payments. If you request a summer TAP payment it will affect your grant payments in future semesters.

4. 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. NOTE: students who receive NYU tuition remission are not eligible for NYU scholarship.

5. 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.

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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) 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 based on their submission of the 2013-2014 FAFSA 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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