Deferred Tuition Plan (50/50)50/50 Application & Agreement Spring 2016 Form (click here)
Degree candidates may participate in this plan under the following conditions:
- Not in arrears (past due) for any NYU charge or loan;
- Without a previously unsatisfactory NYU credit record;
- Matriculated and registering for 6 credits or more.
The second payment of 50 percent of tuition is due in full by March 1. A 12 percent interest fee per annum (1 percent per calendar month or any part of) will be charged on the unpaid balance. Failure to meet payment on time will result in a penalty charge of $100. (See the penalty schedule in the Stern Bulletin).
EXAMPLE: How to calculate your first payment on the 50/50 Plan
Charges Loans , Scholarship & Other Credits
Tuition = $20,000.00 Student Loan = $10,148.00
Reg/serv fee = $ 1,500.00 Scholarship = $ 1,800.00
Total charges = $21,500.00 Total credit = $11,948.00
Total charges = $21,500.00
Total credit = ($11,948.00)
NET BALANCE = $ 9,552.00 divide this in half = $4,776.00
Your first payment on the 50/50 Plan is $4,826.00
($4,776.00 +$50.00 Application fee)