Loan Periods, Disbursements, & Refunds

Disbursement Dates Loan Periods Disbursement Process Refund Process

Listed below are the earliest possible dates* in which the loans disburse from the lender to the school.

The refund process will begin within two weeks of loan disbursement. For information regarding the timing of your refund for living expenses, please refer to the Refunds section above.

Full-Time MBA
Summer 2021 (Fertitta only)	6/27/21
Fall 2021	8/30/21
Spring 2022	12/24/21

 

Focused MBA (Fashion & Luxury and Tech MBA)
Summer 2021	5/9/2021
Fall 2021	8/30/21
Spring 2022	12/24/21

  

Langone MBA
Summer 2021	5/9/2021
Fall 2021	8/30/21
Spring 2022	12/24/21

 

Executive MBA NY
Summer 2021	5/4/21
Fall 2021	8/5/21
Spring 2022	12/22/21

 

Executive MBA DC Class of 2023
Summer 2021 (DC21 only)	5/4/21
Fall 2021	7/28/21
Spring 2022	11/4/21

 

Executive MBA DC Class of 2022
Fall 2021	7/28/21
Spring 2022	2/2/22

 

MS in Business Analytics
Summer 2021	5/6/21
Fall 2021	9/4/21
Spring 2022	12/24/21

 

MS in Risk Management
Summer 2021	5/8/21
Fall 2021	9/5/21
Spring 2022	12/25/21

  

MS in Quantitative Management
Fall 2021	8/06/21
Spring 2022	12/24/21

 

MS in Accounting
Fall 2021	8/30/21
Spring 2022	1/21/22

 

BS/MS in Accounting
Summer 2021	5/22/2021

 

Advanced Certificate in Law and Business
Summer 2021	6/4/21

 

Advanced Certificate
Summer 2021	5/9/21
Fall 2021	8/30/21
Spring 2022	12/24/21

* The first disbursement will be approximately ten days before the start of your first class.

A loan period reflects the portion of the academic year for which the loan is requested.
 

Program	Summer 2021	Fall 2021	Spring 2022
Full-Time MBA	7/7/21 - 8/6/21 (Fertitta)	9/9/21 - 12/22/21	1/3/22 - 5/17/22
Focused MBA (Fashion & Luxury and Tech MBA)	N/A	9/9/21 - 12/22/21	1/3/22 - 5/17/22
Langone MBA	5/19/21 - 9/08/21	9/9/21 - 12/22/21	1/3/22 - 5/17/22
Executive MBA NY	5/14/21 - 8/14/21	8/15/21 - 12/31/21	1/1/22 - 5/17/22
Executive MBA DC Class of 2022	N/A	8/7/21 - 2/11/22	2/12/22 - 8/6/22
Executive MBA DC Class of 2023	N/A	8/7/21 - 11/13/22	11/14/22 - 5/12/22
MS in Business Analytics	5/16/21 - 9/13/21	9/14/21 - 12/31/21	1/3/22 - 5/1/22
MS in Risk Management	5/18/21 - 9/14/21	9/15/21 - 1/3/22	1/4/22 - 5/1/22
MS in Quantitative Management	5/3/21 - 8/15/21	8/16/21 - 12/19/21	1/03/22 - 4/28/22
MS in Accounting	N/A	9/9/21 - 12/22/21	1/31/22 - 5/17/22
BS/MS in Accounting	6/1/21 - 8/12/21	N/A	N/A
Advanced Certificate in Law and Business	6/14/21 - 7/23/21	N/A	N/A
Advanced Certificate	5/19/21 - 9/08/21	9/9/21 - 12/18/21	1/3/22 - 5/9/21

• In compliance with federal policy, all loan funds are disbursed directly to the Bursar.
• The federal government, along with most private lenders, disburse loan funds via an electronic funds transfer (EFT) system. Only in special cases where a paper check is used, will you be notified by the Bursar to come and endorse the check.
• Loan funds received in excess of your total charges will be refunded to you, either by check or via direct deposit. Please note that the refund process begins within two weeks of loan disbursement.
• If you have received a social security number after enrolling at NYU, please update it with Stern Records and Registration. The loan funds cannot be applied properly if your social security number is missing or is incorrect.

• Student loan funds received by NYU beyond the Bursar bill will be returned to you in the form of a refund.
• Refunds are processed after loan funds have been received by the Bursar and credited to your account.
• The refund process usually begins within two weeks of the loan disbursement. Please see disbursement dates for details on when your loan will disburse.
• We encourage you to sign up for direct deposit in order to have your refund deposited directly into your personal bank account.
• If you do not have direct deposit, the refund check will be mailed to your local address. You may update your address via the Registrar's Address Change Form or directly on NYU Albert.
• Due to the high volume of refunds at the beginning of each semester, we strongly recommend that you have sufficient funds to cover living expenses for at least your first month of classes for all semesters.