Resources and Faqs

Are funds available for emergency situations?

Which application(s) do I need to complete?

What are the application deadlines for financial aid?

Are international students eligible for financial aid?

What is The New School’s six-digit federal school code for the FAFSA?

How can I get information about my financial aid award?

Are there any resources to help me budget my expenses?

I just received my award letter, and I will need more money to cover tuition and other expenses. Do I have any options?

My Student Aid Report says I was selected for "verification." What does that mean?

Do I have to apply for financial aid every year?

Whom can I speak if I have a problem with or question about my bill?

Can nondegree and certificate students obtain financial aid?

Is my scholarship or fellowship tax-free?

How can I pay my student account balance?

Where will my invoice be mailed?

When are tuition and fees bills due?

What if I need additional copies of my bill?

What if my financial aid is not reflected on my bill?

What will happen if there are insufficient funds in my bank account to cover a check payment?

Am I required to pay the health insurance charge?

What is the cost of attending The New School?

Where can I access my Department of Veterans Affairs payment data information?

Under what circumstances does the university disclose private information (FERPA)?

Which application(s) do I need to complete?

U.S. citizens and federal aid-eligible non-citizens should file the FAFSA online at www.fafsa.ed.gov. Our federal school code is 002780.

Undergraduate international students should complete and return an Undergraduate International Student Scholarship Application by the deadline printed on the paper application.

Undergraduate international students attending Mannes College The New School for Music and The New School for Jazz and Contemporary Music are not required to fill out this form. Scholarship eligibility is determined without use of this form.

Graduate international students usually do not have to apply for financial aid consideration. The New School for Social Research students are required to complete an application with their academic department.

What are the application deadlines for financial aid?

The New School has a priority deadline of March 1 for the fall semester and the November 1 for new admits in the spring semester. We will accept late applications but funding is often limited and we encourage all students to file before the priority deadlines. Some applicants may be selected for verification of the information submitted on the FAFSA. In those instances, as well as any other instances where conflicting or discrepant information is revealed, the Student Financial Services Office may request additional documentation or information from the applicant. All information requests must be satisfactorily resolved within thirty days of the request to ensure timely disbursement of funds and to avoid forfeiture or cancelation of awards.

Are International students eligible for financial aid?

Yes. Degree-seeking international students will be considered for financial aid based on need, merit, or a combination of the two, depending on the program in which they are enrolling.

What is The New School's six-digit federal school code (for FAFSA)?

Our federal school code number is 002780.

How can I get information about my financial aid award?

The Financial Aid Office will notify you by mail or email to your New School email address soon after we have entered your financial aid award into your student account. We'll also notify you promptly if your award changes for any reason. Once it has been posted, you can view your financial aid award online anytime at MyNewSchool. For protection of your privacy, we cannot discuss award amounts over the telephone or via non-New School email.

Are there any resources to help me budget my expenses?

The College Costs section of this website will give you information about approximate costs for your program and estimated living expenses in New York City.

Many students also have questions about how to budget their expenses, how much they can expect to earn after graduating, and a reasonable amount of college loan debt based their earning expectations. The following websites contain helpful information about student budgeting and debt.

www.edfund.org/students/studentsmenu.html

www.accessgroup.org/students/Managing/index.htm

www.nslp.org/vnews/display.v/ART/41b4a3a6b3ee5

I just received my award letter, and I need more money to cover tuition and expenses. Do I have any options?

Many students find that, after receiving their awards and totaling federal and institutional funding, they still need more money to cover tuition and other educational expenses. There are several options for additional funding, but none of them are guarantee. We suggest that you act as early as possible and explore various external funding options, especially other scholarship resources, before you receive your financial aid award offer from The New School.

  1. Many organizations, companies, employers, etc. offer scholarships, grants, and awards for qualified students. See the useful guide on this website for help in researching external scholarships and grants.
  2. Student Financial Services offers a monthly payment plan that enables students or parents to spread their tuition and housing payments over a semester or school year. Under the plan, tuition and fees, and housing for fall and spring semesters may be paid in 4 or 5 monthly payments per semester. The payment plan is not a loan. Students must enroll prior to each semester.
  3. Parent PLUS, Graduate PLUS and private loans may be available to students and/or parents to cover remaining costs up to the estimated cost of attendance.

My Student Aid Report states that I was selected for a process called verification. What does that mean?

Approximately one in three students who apply for federal student aid are selected for verification. Federal regulations require the university to confirm various data that you reported on your Free Application for Federal Student Aid (FAFSA) prior to any aid being finalized or disbursed.

A student selected for verification is required to complete a verification worksheet and send it in with all required documents and signatures as outlined on the form. Failure to submit requested documents within 30 days of notification may lead to forfeiture or reduction of your financial aid. Forms can be submitted via fax, mail, or in person at Student Financial Services, 72 5th Avenue, lower level. Our fax number is 212.229.5919. Be sure to include your New School student ID number on all submitted documents.

Do I have to reapply for financial aid every year?

All students who wish to receive need-based financial aid (institutional or government) have to reapply every academic year. Student Financial Services sends out reminders regularly, but it is your responsibility to complete a new financial aid application prior to each academic year. You can contact us at 212.229.8930 or by email at sfs@newschool.edu if you have a questions about this requirement or the application.

With whom can I speak if I have a problem with or question about my account in general or a particular bill?

Any questions about your account or a particular bill should be directed to Student Financial Services at 212.229.8930 or by email at sfs@newschool.edu.

Can nondegree and certificate students obtain financial aid?

Students matriculated in the following graduate-level certificate programs are eligible for federal financial aid:

  • Certificate in Documentary Media Studies *
  • Certificate in Leadership and Change
  • Certificate in Sustainability Strategies
  • Certificate in Organizational Development


*Note: Students in the Documentary Media Studies program are also considered for a merit scholarship as part of the admission process; no application is necessary.

Other nondegree and certificate students at The New School are not eligible for federal, state, or institutional financial aid. Private lenders may offer loans for certificate students provided you you meet their minimum credit score and/or income criteria.


Is my scholarship or fellowship tax-free?

According to the U.S. Department of the Treasury, scholarships and fellowships are tax-free for degree-seeking candidates whose scholarship and fellowship funds are being used for tuition (as opposed to living expenses). For complete information, please consult Publication 970 from the Internal Revenue Service website.

How can I pay my student account balance?

We encourage students to make payment online as a secure method and an efficient process. Online payment can be made using VISA, MasterCard, and American Express credit cards or as an ACH transaction using your checking or savings account. Students may also designate an authorized user (parent, employer, sponsor, etc.) to make payment on their behalf and view their account information and invoices. Electronic services can be found on MyNewSchool under the Student tab and Student Financial Services channel. Wire transfer instructions are also included, which may be helpful for international students.

Cash and debit card payments can only be made in person at the Cashiering located at 72 Fifth Avenue, lower level. Check and credit card payments can also be made in person.

By Check: Please make checks payable to The New School and include the student’s name and New School ID number in the memo section. You may mail checks to The New School, Attn: Cashiering, 72 Fifth Avenue, lower level, New York, NY 10011.

By Credit Card: Your parent may also give written authorization to charge their credit card as payment. They must include the card number, expiration date, amount to be charged, student name, New School ID number, and daytime number where we can reach the cardholder. Authorizations may be faxed to 212.989.9631.

Where will my invoice be mailed?

In an effort to offer greater access to invoice and payment information, as well as reduce our impact on the environment, The New School utilizes electronic invoices. Students do not receive a paper invoice at their official mailing address and will instead receive a notification at their New School e-mail account when an invoice is ready to be viewed.

When are tuition and fees bills due?

For continuing students who preregister, invoices for the fall semester are mailed in July with a payment due date of August 10, and invoices for the spring semester are mailed in December with a payment due date of January 10. If you register in person, payment of tuition and fees is due upon registration.

What if I need additional copies of my bill?

You can designate an authorized third party (parent, employer, sponsor, etc.) to view your student account invoice online, or you print your invoice from my.newschool.edu and mail or e-mail it.

What if my financial aid is not reflected on my bill?

If anticipated loans do not appear on your invoice as either credits or pending items, it may indicate that certain requirements for these loans have not been completed. You can view outstanding document requirements on MyNewSchool. You can also email Student Financial Services or call 212.229.8930 for more information.

For scholarships or grants from outside the university, you will need to provide documentation of the award to Student Financial Services before or on the payment due date for registered students or at the time of registration. The amount will be deferred. It will be the responsibility of the student to make sure those funds are submitted as payment to your account. In the event that those funds are not realized, you will be responsible for paying the difference.

What will happen if there are insufficient funds in my bank account to cover a check payment?

If a check is returned for non-payment for any reason, The New School reserves the right to take any or all of the following actions:

  • Assess a $30.00 fee for each returned check.
  • Block future registrations until payment in full has been received.
  • Limit access to university services, including library borrowing privileges and release of academic records.
  • Restrict future methods of payment to either cash or bank check.
  • Charge a 10% fee of the balance owed.

Am I required to pay the health insurance charge?

All degree, diploma, non-matriculating, and graduate certificate program students are charged for health insurance and Health Services fees. Under certain circumstances, students may be eligible to waive the insurance and/or services fees. Complete information can be found in the Student Health Services website. This information includes established deadlines for submitting the Health Services Waiver form. For health insurance questions, please call Health Services at 212.229.1671, option 3.

What is the cost of attending The New School?

Your cost of attendance (COA) is based on both actual charges, such as your tuition, fees, and, if applicable, on-campus housing, and estimates of additional expenses. Please note that tuition, fees and housing costs vary.

Where can I access my Department of Veterans Affairs payment data information?

Students who receive Montgomery GI Bill- Active Duty (Chapter 30), Montgomery GI Bill- Selected Reserve (Chapter 1606) and Reserve Educational Assistance Program (REAP or Chapter 1607) may access their VA payment information using VA's GI Bill web site. Note that payment information is not displayed until after the VA processes the veteran's claim for these veterans education benefits.

Students who receive these veterans education benefits can access their payment information in VA's Web Automated Verification of Enrollment (WAVE) system at: www.gibill.va.gov/wave. The student logs in with their name, claim number (which is generally their Social Security number), and the same password that they use when they certify their monthly enrollment. While REAP recipients do not verify their monthly attendance they can still access their payment information. There are registration instructions on the login page for someone who has not previously accessed the system.

After the student has logged in, they click the "Benefits Status Information" link. Under the section "Your School Attendance" the student will be able to see the dates of the enrollment period(s) and the monthly rate payable during the enrollment period(s). The students may print this information for financial aid and other purposes.

Are there funds available for emergency situations?

Yes, the Carol and Milton Petrie Foundation Emergency Fund is available to assist qualifying students who are experiencing an acute short term financial emergency. Examples of emergency situations which may qualify for assistance from the fund include; theft of a laptop or books, fire in living quarters, uninsured medical expenses, travel for death in the family etc… Students experiencing such situations should contact Student and Campus Life at PetrieFund@newschool.edu.

Under what circumstances does The New School disclose my private information? (Governed by FERPA)

To students: Please note that due to the Family Educational Rights and Privacy Act (FERPA), Student Financial Services is permitted to answer only general questions via email, unless you write from your official New School email address. If you use your university email address, we are able to discuss details of your account in email correspondence. Students have complete access to their own student records at MyNewSchool, including grades, financial aid awards, student accounts, and payroll.

To parents: Due to confidentiality requirements described in FERPA regulations, The New School is not always able to disclose information you might wish to have about your son or daughter. Your child is your best source of information. We will be as forthcoming as we are permitted under the law and ask for your understanding if we cannot answer a specific question you might have. If you would like to know more about FERPA regulations, please search for FERPA in the A-Z navigation.

 
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