International Students
Sources of Financial Aid
International students have several opportunities to receive financial aid at Stern:
- Private loans- Depending upon their situation, students may have different private loan alternatives. Students with a U.S. co-signer may borrow up to the full Cost of Attendance.
- Scholarships- Scholarships awarded by Stern are merit-based and do not require a separate application.
- Tuition Remission positions- Students who complete teaching fellowship and graduate fellowship positions can receive partial tuition remission or payroll in exchange for their service.
External Sources of Financial Aid
International students are also encouraged to take advantage of external sources of aid. These may include:
- Private Grants & Scholarships- Many organizations offer support for international students. You should contact any civic, fraternal, religious, or service organizations with which you are already affiliated to see if they offer any assistance.
- Government Support: Some countries provide support for their citizens studying in the United States. Contact your country's ministry of education, embassy, or consulate about possible funding.
- Corporate Support (Employer Sponsorship) - You should inquire with your employer about any financial support available through your corporate organization. Contact your supervisor or human resources department for detailed information.
Private Loan Guidance
When applying for a private loan, you will submit an application directly to the lender of your choice. For a sample list of lenders, please refer to the private loans section on this site. In the event that you do not have your required Immigration and Naturalization Service (INS) documents, you may still submit a private loan application. It is advised that a student provide their lender with the paperwork they currently have at their disposal and then follow up once the INS documentation (visa and I-20) is received. The processing time at that point will be much faster than if the application were submitted only after all the INS information is processed.
Keep in mind that if you have a Social Security number (SSN), you are required by lenders to use the number at the time you submit a private loan application. This means that should you be approved for the loan, the lender will disburse the funds to NYU under your SSN. Thus, you must update your information in NYU’s database via the Office of Records and Registration so that the loan properly disburses to your account. Failure to update your information, may result in the loan funds being returned to the lender. They will then have to be reissued, which will greatly delay payment of your tuition.
Financial Aid as Visa Documentation
For visa purposes, certain forms of financial aid can serve as evidence of financial ability. For further details, click here.
- Pre-Approved Private Student Loans
- Stern Scholarship Letter
- Government Support Letter
- Corporate Support (Employer Sponsorship) Letter