The NYU Promise: Meeting 100% Demonstrated Need

The NYU Promise: Meeting 100% Demonstrated Need

NYU is dedicated to reducing financial barriers to higher education for the talented students who enroll at NYU each year. We are committed to meeting the full demonstrated financial need of all students that enter as first year undergraduates admitted to our New York campus ensuring access to one of the most global and prestigious research universities in the world.

Meeting 100% Demonstrated Need

Our commitment to meeting 100% demonstrated financial need means that:

The Cost of Attendance - tuition, housing, food, books and supplies - minus a family’s ability to pay as determined by the College Board’s CSS Profile and FAFSA* is used when determining a financial aid package.
Our expectation is that students will not need to borrow. Loans remain available if families would prefer that option to finance their education.
NYU Scholarships increase each year to cover annual tuition

* International applicants will be reviewed based on the CSS Profile alone

Who is eligible to have their demonstrated need met?

Students admitted as first year undergraduate students to our New York campus and who apply for financial aid by the financial aid deadlines will have 100% of their demonstrated need met.

What does meeting demonstrated need mean?

Meeting demonstrated need means NYU will cover, through scholarships, grants and expected student work, the total cost of attendance - including tuition, housing, food, books and supplies - less the amount that your family is expected to contribute as determined by the information provided on the College Board’s CSS Profile and FAFSA.

Are international students eligible to have their demonstrated financial need met?

Yes. First year undergraduate International students who apply for financial aid by the deadlines are eligible for financial aid that aligns with The NYU Promise.

Will loans be a part of my financial aid package?

No. Loans are not included in the award to meet demonstrated need. Financial aid packages include scholarships, grant aid and expected student work.

Am I eligible if I was admitted to a school in New York but start at a global site?

Students admitted to a New York program that will start at a global site in their first year are eligible.

Are students admitted to Abu Dhabi and Shanghai eligible for The NYU Promise?

NYU Abu Dhabi and NYU Shanghai students are not currently included in The NYU Promise. Students who are interested in these global, degree-granting campuses, are encouraged to learn more about the unique financial aid opportunities on the NYU Abu Dhabi and NYU Shanghai websites.

Can I take out a loan if I feel I need one?

Loans are not included as a part of a student’s initial financial aid package; however, a student may choose to take out a loan to assist with their family contribution. Find out more about loans here.

Will financial aid also cover food and housing?

Yes, if your demonstrated need exceeds the cost of tuition, you will receive aid up to your need within the cost of attendance - which includes tuition, housing, food, books and supplies.

Are federal and state grants included in my financial aid package?

Yes. A student who is eligible for federal or state grants will see them included in their financial aid package.

What are the requirements to maintain my institutional grant aid?

Your NYU scholarship is available throughout the course of your degree, during the fall and spring terms, as long as you are enrolled full-time (i.e. 12 credits or more). There is no GPA requirement, though academic progress is required for federal aid eligibility.

Can I appeal for additional scholarship if there is a change in my financial circumstances?

Yes. We understand that your circumstances may change since you first applied for financial aid. You can find information on seeking additional financial assistance on our website.

I am a transfer student, do I qualify for The NYU Promise?

No. We are not able to meet the full demonstrated need of transfer students. Transfer students may be eligible to apply for federal or state financial aid. For transfer students admitted to a few select programs, there are scholarships available.