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. This increase may be reflected on the I-20 or DS-2019 you receive and therefore may not match precisely the amounts listed below.

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

About the Estimated Expenses

The tables above indicate the 2023-2024 full-time tuition of 24 credits (one academic year) plus service fees, estimated living expenses and health insurance. For Tandon graduate students, this estimate is based on full-time tuition of 18 credits. Please note that some programs have different credit standards for full-time enrollment.

Health Insurance

F-1 and J-1 students are automatically enrolled in and billed for the NYU-sponsored student health insurance comprehensive plan upon registration each semester. F-1 and J-1 students may elect to instead take the lower-cost basic coverage, which provides more limited coverage. Waivers are available to students who have insurance that meets University requirements. Find more information on health insurance requirements. Please note that for I-20/DS-2019 issuance, we will need to see funding for the comprehensive rate.

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.

Living Expenses

Please note that the “Living Expenses” column is simply an estimate that is meant to capture all expenses for 9 months unless otherwise noted (or the duration of your program, whichever is shorter), including housing, food, books, and other costs associated with day-to-day life in New York City for a student coming from abroad. Unlike the "Tuition & Fees" column, expenses in this column are not University charges; if a student chooses NYU housing or an NYU meal plan, he or she pays the same rate as US students. This estimate is based upon our own figures, as well as surveys of other area schools and scholarship programs, and is also meant to reassure consular officers who determine whether or not to grant an entry visa to students. Even if you plan on spending less than the estimate over the academic year, you are still required to show you have this amount available for the I-20/DS-2019. 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.

Dates and additional Fees

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.
Additional fees are required for international students. The information can be found at the International Student Fees page.
For more information on how to pay your tuition and fees, please visit the Bursar's page.

What Kinds of Financial Documentation Are Accepted by the OGS?

Supporting documents may include but are not limited to:

Personal funds

A current financial statement, printed on letterhead and signed by a bank official, no older than six months. This can also be a bank statement that clearly indicates the bank name, account holder name, amount of money, type of currency, and date the statement is from.

A personal loan

A pre-approval letter confirming the amount for which the loan is approved. A loan application is not sufficient.

An individual sponsor

The OGS Financial Support Agreement plus a bank statement and/or letter from employer confirming annual salary and sponsor's position.

The bank statement must clearly indicate the bank name, account holder name, amount of money, type of currency, and date the statement is from.

For the salary letter, we will apply up to 1/3 of your sponsor's yearly salary toward your funding.

Name on OGS Financial Support Agreement and financial documents should match exactly.

These are some sample documents you can refer to:

If you will be staying somewhere where you will receive free room and board

If you will be staying somewhere where you will receive free room and board, you need to provide a letter from who you are staying with indicating the amount of support they will provide for you and the duration of time you will stay with them. This must be accompanied by a supporting document such as a utility bill, copy of lease or ownership of residence, or other financial supporting document. The in-kind value of room and board is estimated to be $21,062 per year, and will be subtracted from your total living expenses.

An organizational sponsor

A copy of an award letter from a sponsoring organization specifying the amount of the award, its duration, and the terms of renewal, or if
NYU funding, a copy of an NYU award letter for an NYU scholarship, assistantship, or fellowship.

All financial documentation must be in English or have certified English translations attached to the original and cannot be older than 6 months.

We don't accept income tax documents or personal property deeds such as ownership of property, a car, jewelry, etc. as evidence of acceptable financial documentation.