What is Cost of Attendance?
Cost of attendance (COA), also known as the student's budget, represents a student's maximum financial aid eligibility. The cost of attendance is determined by the University and consists of tuition, fees, and living expenses. The tuition and fees for each program indicate what must be paid directly to the University. The figures in the living expense category are estimated by NYU and reflect the amount that students should budget for the academic year. Living expenses are not typically billed through NYU; however, NYU health insurance and housing and meals for students living on campus will be billed directly by the University.
Students are eligible for financial aid up to, but not exceeding, their COA. Students may only borrow loans up to the COA, minus any other financial aid received.
Students faced with extenuating circumstances have the option of submitting a Budget Appeal. If approved, the budget increase would allow students to receive additional financial aid, such as student loan funds.