Student Financial Support
Updated: April 20
Providing support to students has been one of our principal priorities since COVID first struck. Since March 2020 NYU has spent $31 million on COVID related financial support – a mix of CARES Act funding, University funds, and private donations. Now, The Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) has allocated an additional $37.4 million in COVID related aid to NYU, mandating that $12.8 million go directly to students. NYU is committed to using the full equivalent of these funds to support our students, bringing the total COVID financial support that NYU has dedicated to student aid to over $68 million.
The U.S. Congress passed the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSA Act), which was enacted on December 27, 2020. This federal stimulus funding is the second act of federal relief in response to COVID-19, following the Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law on March 27, 2020. Resultant funds are referred to as Higher Education Emergency Relief Funding or HEERF II funds. The total amount of funding of HEERF II allocated to NYU is $37.4 million.
NYU is required to award $12.8 million of these HEERF II funds to students directly. Adhering to awarding guidance of CRRSAA, NYU has prioritized awarding undergraduates who are eligible US citizens, and who’ve been identified as having exceptional financial need. Eligible students have been awarded and notified accordingly.
The University has also opted to commit $24.6 million—an amount equivalent to the remainder—to direct financial support of students.
We recognize that other students—including graduate students and/or non US citizens—may be adversely impacted by COVID-19 and have financial challenges affecting their ability to stay successfully enrolled this spring. Therefore we have reactivated the online COVID-19 Relief Grant application for students enrolled at least part-time in degree granting programs. Eligible students can access the application by logging into NYU Albert Student Center, then clicking on the “Finances” tab to locate the COVID-19 Relief Fund button. Applications are reviewed on a daily basis and funds will be distributed bi-weekly and students are encouraged to read both the website and form carefully before submitting.
The University continues to have in place its regular NYU Student Emergency Fund program, as well as its Scholarship Appeal for Undergraduate Students for those who have significant changes in their financial circumstances not caused by COVID-19. For potential adjustment in federal aid eligibility, students may be eligible through a review called professional judgment.
The Supplemental Nutrition Assistance Program (SNAP) is a federally funded nutrition assistance program. Eligibility for SNAP benefits has been temporarily expanded for students as of January 2021. For more information on eligibility requirements and links to apply, visit the USDA Food and Nutrition Service site.