Timeline for EMBA Students

  1. Complete the most recent FAFSA application online. The FAFSA is used to determine federal student loan eligibility.
  2. If you are applying for a private loan, please submit an application directly to the private lender of your choice. You may apply for a semester-only loan or a fall/spring loan combined. For a sample list of lenders, please visit the private loans page on the Stern Graduate Financial Aid website. Typical processing time is 3-4 weeks. Please plan accordingly.
  3. Receive a financial aid award notice to your Stern email account. This will be sent about one month prior to your payment deadline:
  • For the New York program beginning in August, payment is due on July 15th and December 15th of each academic year.
  • For the New York program beginning in January, payment is due on December 15th and July 15th of each academic year.
  • For the DC program, payment is due June 15th, November 15th, and March 15th of each academic year.
  1. Accept your loans on NYU Albert. This is the university-wide system which provides a comprehensive and personalized view of your financial aid. In addition to federal loans, Albert will also display any private loans for which you have applied.
  2. After accepting your federal loans on Albert, sign in at studentloans.gov to secure your loans. You must complete the:
  • Entrance Counseling Session
  • Master Promissory Note(s). Please note that there is a separate MPN for the Federal Direct Unsubsidized Loan and the Federal Direct Graduate PLUS Loan. Once signed, the note is valid for 10 years.
  1. After accepting and securing your loans, please confirm approval with the Financial Aid Office.
PLEASE NOTE: The disbursement date for your loans each semester will be after your payment deadline. As long as your loans are approved by the deadline, the bursar will credit the amount to your account.
  1. If you have loans in excess of your tuition and fee charges, you will be refunded the excess amount. We encourage you to use the direct deposit option for your loan refund. However, due to the high volume of disbursements at the start of each semester, you should not count on your refund for the first month of classes. Please budget accordingly.