Estimated Expenses

Red ballpoint pen and silver calculator on top of a paper with financial models

International Students must demonstrate financial proof that they have sufficient funds readily available to cover tuition and fees, living expenses, and health insurance for at least one academic year of study to get an immigration document from NYU (or, if your program is less than a year, the full cost of your program). The tables below show the amounts that each student needs to meet for each program.

IMPORTANT: The total estimated expense plus any additional dependent expenses is what you must document for NYU to issue you an I-20 or DS-2019. Anticipate that all costs related to study at NYU will increase approximately 5% for the next academic year and every subsequent year. Depending on when you apply for your I-20/DS-2019, this increase may or may not be reflected on the I-20 or DS-2019 you receive.

If you are enrolled in a short-term program—such as a summer-only course, exchange program, visiting student program, low-residency or modular program—please review the expenses for short-term students.

If you are enrolled in an undergraduate, graduate, or professional program, fill out the form to estimate your expenses.

For the most updated and exact information on tuition and fees, visit the NYU Bursar's Office Website.

About the Estimated Expenses

The information above indicate full-time tuition of 24 credits (one academic year) plus service fees unless otherwise indicated, estimated living expenses, and health insurance. Please note that some programs have different credit standards for full-time enrollment.

Tuition & Fees

Tuition and fees reflect the estimated cost of full-time enrollment for most programs. Once registered, the Bursar’s office will notify students when their bill is available, along with information on payment due dates. Note that your actual Bursar's bill may be more or less than this stated estimate.

International students may incur additional fees as explained on the International Student Fees page. Full payment of tuition and fees is due upon registration for classes, which takes place in August/September for the Fall semester and January for the Spring semester. To pay your bill, visit the Bursar’s When and How to Pay webpage for more information.

Living Expenses

Room & Board estimates are based on a student who is living on campus or off campus (not with family) for one academic year. This estimate is based on NYU figures, as well as surveys of other area schools and scholarship programs, and is meant to reassure consular officers that a student has sufficient funding to cover their costs. Even though actual housing costs may vary depending on location, number of roommates, amenities, and other factors, you are still required to demonstrate that you have this estimated amount available when applying for the I-20 or DS-2019. Travel & Personal expenses are not university charges. They are an estimate of the costs associated with day-to-day life in NYC for a student coming from abroad for the academic year.

If you plan to stay in the US during the summer, OGS does not require proof of summer funding; however, students should plan to have sufficient funds to cover all their expenses.

Health Insurance

F-1 and J-1 students are automatically enrolled in and billed for the NYU-sponsored student health insurance plan upon registration each semester. Waivers are available to students who have alternative insurance that meets University requirements. However, F-1 and J-1 students must demonstrate sufficient funding for the NYU plan before we can issue an I-20 or DS-2019. Learn more on our Required Health Insurance Coverage page.

Travel & Personal Expenses

Travel and other expenses are not university charges, they are an estimate of costs associated with day-to-day life in NYC for a student coming from abroad for the academic year. Keep in mind that if you decide to remain in the US over the summer, even though OGS does not require proof of this summer funding, you should have the money to cover any expenses you may incur.

F-2 or J-2 Dependents (If Applicable)

If you have dependent(s) who will be joining you in F-2 or J-2 status, you must demonstrate an additional $10,800 per year for your spouse and $5,400 per year for each child.

What Kinds of Financial Documentation Are Accepted by OGS?

OGS reviews financial documents from all over the world. Please see the checklist below to ensure your financial document(s) meet all of NYU's criteria.

OFFICIAL: These indicators vary from country to country, but some examples include the use of bank letterhead, bank logo, official signature, and/or bank stamp.
LIQUID: Documents indicate that funds are easily accessible or convertible to cash. Most common submissions include checking or savings account statements, bank letters, deposits, scholarship letters, approved loans, and/or investment account summaries.
ENGLISH: Documents are in English, and if not, are accompanied by official English translations.
NAME: Name of account owner should be clearly stated on the document. If the financial document belongs to a financial sponsor (such as a parent, family member, or friend), the sponsor must sign and submit an accompanying Financial Support Agreement with handwritten or certified digital signature.
DATE: The issue date of the document must be within the past 6 months.
AMOUNT: The total amount of money in the account must be clearly stated.
CURRENCY: If not USD, currency type should be clearly displayed.

NYU does NOT accept the following financial documents:

Income tax documents
Cryptocurrency statements (Bitcoin, etc.)
Personal property deeds, such as ownership of property, a car, jewelry, etc.
Retirement funds, including Provident Funds, unless accompanied by a document that specifies that the funds are liquefiable and the amount of money that is immediately accessible
Rental Income
Asset Evaluations by Chartered Accountants
Paystubs

Frequently Asked Questions

Can I submit documents from more than one source?

Yes, you can submit documentation from more than one sponsor or source. If you have more than 3 sponsors or each of your sponsors has multiple accounts, we recommend that you make a copy and then complete this Multiple Funding Sources Worksheet and submit it along with all your documents. Please note that this linked file is a Google document, which you can make a copy of through your NYU Google Workspace before editing. You must be logged into NYU Services first to access the document.

Do the accounts need to be frozen for a fixed period of time?

No, funds do not need to be frozen. They should be readily accessible.

How can my sponsor sign the financial support agreement?

OGS only accepts handwritten, ink signatures or certified digital signatures. Typing the name of the sponsor, italicizing the name, or using a cursive font style are not acceptable forms of a signature.

Do you accept a sponsor's salary statement?

Yes, for a salary letter issued on company letterhead that explicitly states your sponsor’s name, position, and annual salary, we may accept up to 1/3 of your sponsor's yearly salary toward your funding. See Sample Salary Letter.

What if I'm receiving free room and board from a family member or friend?

If you will be staying somewhere where you will receive free room and board, you need to provide (1) a letter from the person you are staying declaring that they will provide for you with free room and board, and specifying the duration your stay and (2) supporting documententation such as a utility bill, copy of lease or ownership of residence, etc. to show your sponsor's residence. The in-kind value of room and board is estimated to be $25,516 per year, and will be subtracted from your total living expenses.

I'm applying for a loan. What document will you accept?

OGS can accept provisional, pre-approved, or approved loans. The loan document should clearly specify the amount you are receiving for your education as well as the loan conditions.

I'm still waiting for my government's scholarship or loan approval letter, but not sure when it will be received. What should I do?

Per US government regulations, OGS cannot issue an I-20 or DS-2019 unless a student demonstrates adequate funding. Please apply as soon as you have the necessary documentation.

Can I submit funding from my family's company?

Yes, however, you will need to submit three documents: 1) Financial Support Agreement signed by your individual sponsor, 2) Company’s bank statement, 3) Official document showing that your sponsor has access to funds in the company’s bank account (usually issued by the bank or local government).