Financial Aid

NYU Stern provides the resources and support to help you achieve your education goals.

 


Tuition and Fees

 

 
 2019-2020 Budget for MS in Accounting Students
NYU Stern Tuition & Fees
Tuition and Fees* $56,140
   
Living Expenses
Room & Board $26,780
Books & Supplies $1,980
Transportation $1,110
Miscellaneous** $7,984
Loan Fees $216
   
Total $94,210
*Includes Registration Fees and a one-time fee of $500 for Orientation
**Includes NYU Student Health Insurance costs
  

 



























Scholarships


All applicants (domestic and international) are considered for merit-based scholarships. Scholarships are typically in the amount of $10,000. Scholarships are applied evenly between the first and second semesters of the program, typically $5,000 for each semester. Approximately 25-35% of students receive a scholarship, though this amount can vary from year to year. No additional materials are required to be considered. Scholarship decisions are made at the time of admission and are included in your official admission letter. All scholarship decisions are final.
           
Additionally, the NYS Society of CPAs awards scholarships to deserving candidates entering the accounting profession. These scholarships are based heavily on financial aid and applicants must meet or exceed a threshold of acceptable academic performance.

The PM Business Advisors Striving for Greatness Accounting & Finance Scholarship is designed to help accounting and finance students who show both academic excellence as well as an involvement in their community. A full description of and application for the scholarship can be found here: http://www.pmbusinessadvisors.com/accounting-finance-scholarship/. 

Tuition assistance is available through non-NYU Stern entities offering accounting-specific scholarships. You are encouraged to conduct a search of non-NYU Stern opportunities. Useful search tools include the AICPA ‘This Way to CPA’ scholarship search.

 

  

Loan Programs

 

Domestic Students – Federal and Private Loans

U.S. citizens and U.S. permanent residents are eligible for federal loans. They also have the option to apply for private loans.

Federal Loans
The U.S. Department of Education offers both Federal Direct loans and Graduate PLUS loans.

Students must submit the Free Application for Federal Student Aid (FAFSA) to be reviewed for a Federal Direct Unsubsidized loan or Graduate Plus loan. Applicants are encouraged to submit their FAFSA as early as possible and should submit it no later than May of the calendar year they intend to start school. The FAFSA data determine your eligibility for the following:

Federal Direct Unsubsidized Loan
Students are eligible for $20,500 (or $10,250 per semester) in Federal Direct Unsubsidized loans. The interest rate (Effective for loans disbursed between July 1, 2019 and June 30, 2020): 6.079% fixed. A fee of 1.062% is applied at disbursement (beginning October 1, 2019, this fee percentage will decrease to 1.059%).

Graduate PLUS Loans
In order to supplement the Federal Direct Unsubsidized loans, domestic students are also eligible for the U.S. Government’s Graduate PLUS loan to help cover the full cost of attendance. The interest rate (Effective for loans disbursed between July 1, 2019 and June 30, 2020): 7.079% fixed. A fee of 4.248% is applied at disbursement (beginning October 1, 2019, this fee percentage will decrease to 4.236%).
 
More information on federal loan programs can be found on the Federal Loans page of the Stern Graduate Financial Aid website.

Private Loans
U.S. citizens and U.S. permanent residents may be eligible to receive private loans. A comprehensive list of current lenders typically used by Stern students can be found on the Private Loans page of the Stern Graduate Financial Aid website.

International Students – Private Loans
International students may be eligible to receive private student loans with and/or without a U.S. co-signer. For information on potential student loan opportunities, please review the Private Loan Options for International Students on the Stern Graduate Financial Aid website.