Deferred Payment Plan
Scholarships & Donor Awards
Teaching Fellowships & Graduate Fellowships
Corporate Sponsorship & Tuition Remission
Financial AidAt NYU Stern we recognize that the MBA is a significant investment. As such, we offer a variety of ways for you to help finance your MBA, including: Teaching & Graduate Fellowships, Loan Programs, Donor Awards, and a Deferred Payment Plan. The information below is intended to provide a broad overview of tuition and financial aid at NYU Stern.
We have a dedicated Financial Aid office staffed with an experienced team of professionals to provide information and assistance with your financial aid questions. The Stern Graduate Financial Aid Office regularly provides a variety of seminars and workshops to students and the team is also available for individual appointments either in person or virtually.
Due to the Covid-19 pandemic, all Financial Aid staff are currently working remotely and are accessible during regular business hours.
Tuition & Fees2020-2021 Tuition per credit for Part-time MBA students is $2,375. The Part-time MBA program is a total of 60 credits. Students typically take about 18-22 credits per year and typically finish the program in just over three years – though this varies from student to student. Tuition does not include registration, program, or other fees.
Below is an estimated summary of the Tuition and Required Fees for a sample three year schedule for students who begin the Part-time MBA program in the fall of the academic year 2020-2021. The purpose of this estimate is to provide a rough sense of the total cost of the program and how those costs may be incurred over the course of the program. As such, this estimate should not be considered as an official statement of the actual costs of the program. This estimate assumes that both tuition and fees increase by 3% per year. Typical annual increases for tuition and fees are about 3-4%, but can vary each year and be more or less than these percentages. There are also potential other non-required fees that students may incur depending on their choices in the program; these could include study abroad programs, workshops, etc. These types of non-required fees are not included in this estimate.
|Year One: 2020-2021||Fall||Winter/Spring||Summer||Total Year|
|Orientation Fee||$195||$ -||$ -||$195|
|Year Two: 2021-2022||Fall||Winter/Spring||Summer||Total Year|
|Year Three: 2022-2023||Fall||Winter/Spring||Summer||Total Year|
|Estimated Total Tuition and Fees||$155,265|
For more information on tuition and estimated living expenses, please visit the Stern Graduate Financial Aid website.
Deferred Payment PlanThe NYU Bursar offers the option of a deferred payment plan. Under this plan, 50% of the tuition is due at the start of the semester. The remaining balance is due later in the semester and is typically paid in two 25% installments. This enables students to spread out payments over the course of a semester.
For more information on the deferred payment plan, please visit the NYU Bursar website.
Scholarship & Donor AwardsCurrently, scholarships are not available to Part-time MBA students at the time of admission. Some Stern students receive aid from external sources such as philanthropic or professional organizations. A searchable database of external funding opportunities can be found on the Stern Graduate Financial Aid website.
Part-time MBA students who have completed at least 30 of the 60 credits at Stern are eligible to be considered for scholarships in the form of donor awards. Donor awards are merit-based and are awarded by NYU Stern Graduate Financial Aid in the Fall semester based on the criteria established by Stern donors. As the selection process takes place each fall, students must have completed 30 credits by the end of the prior spring semester in order to be considered. The awarded funds can be used to cover tuition only. Typically, no application is necessary, and all eligible students are considered.
For more information on donor awards, please visit the Stern Graduate Financial Aid website.
Teaching Fellowships & Graduate FellowshipsAfter completing 9 credits, students may apply to work as a teaching fellow or graduate fellow, earning up to $7,200 in tuition remission per semester. A limited number of positions are available across Stern's academic departments and administrative offices.
For more information on teaching and graduate fellowships, please visit the Stern Graduate Financial Aid website.
Corporate Sponsorship & Tuition RemissionIf admitted to the Part-time MBA program, students are responsible for paying the tuition deposit by the specified deposit deadline, and tuition payment must be made by the specified tuition payment deadline. Students who are fully or partially sponsored by their employer are expected to manage the reimbursement relationship individually with their company.
For more information on third party payments, please visit the NYU Bursar website.
Loan ProgramsDomestic 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.
The Department of Education offers both Direct Unsubsidized and Graduate PLUS loans. Students must submit the Free Application for Federal Student Aid (FAFSA) to be reviewed for federal aid. Applicants are encouraged to submit their FAFSA no later than May of the calendar year they intend to start school. The FAFSA data determine eligibility for the following:
Direct Unsubsidized Loan
Students are eligible for $10,250 per semester in the federal Direct Unsubsidized loan program. This loan has an interest rate (effective for loans disbursed between July 1, 2020 and June 30, 2021) of 4.30% fixed with a loan origination fee of 1.057%, which is applied at disbursement.
Graduate PLUS Loan
In order to supplement the federal Direct Unsubsidized loan, domestic students are also eligible for the Graduate PLUS loan to help cover the full cost of attendance. This loan has an interest rate (effective for loans disbursed between July 1, 2020 and June 30, 2021) of 5.30% fixed with a loan origination fee of 4.228%, which is applied at disbursement.
Fore more information on the federal loan program, visit the Stern Graduate Financial Aid website.
U.S. citizens and U.S. permanent residents may also be eligible for private student loans. A comprehensive list of lenders typically used by Stern students can be found on the Stern Graduate Financial Aid website.
International Students – Private Loans
International students may be eligible to receive private student loans with or without a U.S. co-signer. For information on potential private student loan opportunities, please visit the Stern Graduate Financial Aid website.