Students at an information session

How Financial Aid Works

As a graduate student at New York University, your financial aid information will come primarily from the school you’re attending.

You should check with your program or school directly about deadlines for university scholarship consideration and other financial aid specific to the program to which you are applying. Below is general information to get you started.

Types of Aid

In addition to any scholarships or university aid you might qualify through your program, you should fill out a FAFSA every academic year to find out if you qualify for federal assistance. The FAFSA is available to U.S. citizens, permanent residents, and eligible non-citizens. The suggested filing date for the FAFSA is May 1, though some schools may have specific deadlines for scholarship consideration.

The implementation of the FAFSA Simplification Act has resulted in delays for the rollout of the 2024-25 FAFSA.  While the application is now available for students to submit, schools will not be able to receive student data until late March.

Assistance will most likely come in the form of unsubsidized and Graduate PLUS loans. You may also qualify for Federal Work Study.

You may also apply for private loans, though we recommend exploring all types of university and federal assistance first.

Graduate Assistantships

Graduate students can apply for an assistantship or teaching fellowship in some schools. An assistantship or teaching fellowship provides tuition remission and a stipend.

As an assistant or fellow, you will be asked to teach, engage in research, and take part in other activities related to departmental needs. If you’re interested in pursuing a fellowship or assistantship, you should get in touch with your department directly for information.

Assistantships and teaching fellowships can affect your eligibility for some types of financial aid. Contact the Office of Financial Aid, as well as your department, if your financial aid package does not indicate your assistantship.