Langone MBA: Summer

Federal Loans Procedure

  1. If you have not done so already, you must submit a FAFSA in order to receive Federal Direct Student Loans. This form is only available until June 30th for the current academic year.
  2. All students with a valid FAFSA on file will automatically be packaged for the Federal Direct Unsubsidized Loan totaling $10,250 gross ($10,141 net at disbursement). You will be emailed approximately 3-4 weeks before your payment deadline to notify you that the Federal Direct Unsubsidized Loan is ready for acceptance on NYU Albert.
  3. If you need additional aid beyond $10,141, you can request a summer Federal Direct Graduate PLUS Loan via the Summer Graduate PLUS Loan Request Form. Please submit this form a month prior to your payment deadline if you plan to use the Federal Direct Graduate PLUS loan to cover your program costs. You will receive email notification after the requested loan is packaged and is ready for acceptance on NYU Albert.
* Eligibility for federal loans is contingent upon registering for at least 6 summer credits.

Private Loans: If interested in borrowing a private student loan, be sure to select the summer loan period when applying. Please note that a private loan application can take 3-4 weeks to process, so plan accordingly. Feel free to review our website for private loan options.