Are there funds available for emergency situations?
Which application(s) do I need to complete?
What are the application deadlines for financial aid?
Are international students awarded financial aid?
What is The New School’s six digit federal school code (for FAFSA)?
Where can I get information on the amount of my financial aid award?
Are there any resources to help me budget for expenses?
I just received my award letter, and I need more money to cover tuition and my expenses. Do I have any options?
My Student Aid Report says I was selected for a process called verification. What does that mean?
Do I have to apply for financial aid every year?
Whom should I speak with about a problem with or question about my bill?
What if I'm a non-degree or certificate student?
Is my scholarship or fellowship tax-free?
How can I pay my student account balance?
Where will my invoice be mailed?
When are bills normally due for the semester?
What if I need more than one 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?
What is the cost of attending The New School?
When can I begin to work?
When are timesheets due?
Why was my timesheet not processed?
How many hours can I work?
How do I receive pay?
Is Federal Work-Study taxable?
What Gets Taken Out of My Paycheck?
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.
Are international students awarded 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.
Where can I get information on the amount of my financial aid award?
The Financial Aid Office will mail you an award letter soon after we enter your financial aid award into the system. We'll also notify you in writing if there is a change to your award amounts for any reason. You can also view your financial aid award amounts online at MyNewSchool. For privacy reasons, we cannot give you award amounts over the phone or via email.
Are there any resources to help me budget for expenses?
The College Costs section of this website will give you some information of costs for your program and estimated living expenses while in New York.
Many students also have questions about how much they can expect to earn after graduation, and what is a reasonable amount of loan debt for a person in their economic situation. The following three websites contain information on student budgeting and debt.
• www.edfund.org/students/studentsmenu.html
• www.accessgroup.org/students/Managing/index.htm
• http://www.nslp.org/vnews/display.v/ART/41b4a3a6b3ee5
I just received my award letter, and I need more money to cover tuition and my expenses. Do I have any options?
Many students find that after receiving their award amounts for 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 guaranteed, so we suggest that students act as early as possible and explore various funding routes. You may want to look into these options, especially other scholarship resources, before receiving your financial aid award offer from the school.
- Many organizations, companies, employers, etc. are willing to help fund a student's education through scholarships, grants, and awards. We offer a useful guide on this website to help in researching other possible sources.
- Student Financial Services offers a monthly payment plan that allows students or parents to spread their payments out over the semester year. Through this plan, tuition and fees, and housing for fall and spring semesters may be paid in 4 or 5 monthly payments each semester. The payment plan is not a loan. Students must enroll each semester.
- Parent PLUS, Graduate PLUS and some Private loans are available to both students and parents to cover remaining costs up to the estimated cost of attendance.
My Student Aid Report says 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.
Any student selected for verification is required to complete the verification worksheet and send it in with all required documents and signatures outlined on the form.
Do I have to apply for financial aid every year?
Yes. All students interesed in financial aid will need to apply for financial aid every academic year. We try to send out reminders on a regular basis, but it is your responsibility to complete an application each academic year. We suggest you try to complete your application on your own first, but you are welcome to contact us if you have any questions.
Whom should I speak with about a problem with or question about my bill?
Any questions about your bill should be directed to Student Financial Services at 212.229.8930 or by email at sfs@newschool.edu.
What if I'm a non-degree or certificate student?
Effective Fall 2009, students matriculated in the Graduate Certificate
in Documentary Media Studies are eligible to apply for federal financial
aid program funding. Certificate students in this program are
automatically considered for scholarship as part of the admission
process.
All other non-degree and certificate students at The New School are not
eligible for federal,
state or institutional financial aid. Some lenders offer private loans
options for certificate students. They do, however, require that you
meet
minimum credit 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 started using electronic invoices in the Fall of 2007. Students no longer receive 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 bills normally due for the semester?
For continuing, registered students, invoices for the fall semester will be mailed out in July with a payment due date of August 10, and invoices for the spring semester will be mailed out in December with a payment due date of January 10. If you are registering in person, payment is due at the point that you register.
What if I need more than one bill?
With electronic services, students can designate an authorized user (parent, employer, sponsor, etc.) so they can view the student’s invoice online. The student may also make print their invoice 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 should 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 212.598.4796.
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 Support and Crisis Management at (212) 229-5900 or silerr@newschool.edu.
When can I begin to work?
Students can begin working and get paid once they have completed all work-study and payroll documents. As part of the process students must provide proper I.D. (e.g. U.S. Passport, or valid Drivers License and Social Security Card).
Note to continuing students: The Work Authorization form must be renewed each fiscal year (July 1).
When are timesheets due?
Timesheets are due in the Student Employment Office by 12 p.m. on the last Friday of each pay period. Students must complete (federal work study) biweekly timesheet signed by students and their supervisor.
Why was my timesheet not processed?
Work Authorization Forms are required to be paid.
Late timesheets will not be processed until the following pay period.
Timesheets lacking correct dates or a supervisor's signature will not be processed. Students are required to complete all part and sign their timesheets as well as include the appropriate pay period dates.
How many hours can I work?
Students can work up to 20 hours a week during the semester and up to 40 hours a week during official university breaks. Students are required to take at least a half-hour unpaid break after working more than five consecutive hours. One half-hour will be deducted from a timesheet for each required break not taken. Students are required to take a one hour meal break for every eight hours worked consecutively.
Graduating students may not work after attending their final class, exam or earlier date designated by the Student Employment Office.
How do I receive pay?
Paychecks are mailed out or directly deposited into your bank account by the Payroll Office (80 Fifth Ave., 4th floor) on a bi-weekly basis.
Is Federal Work-Study taxable?
Federal Work Study income is taxable. Students are responsible for tax liability incurred. Work-study awards are not deducted from tuition balances.
What Gets Taken Out of My Paycheck?
Most paychecks have some money deducted. The following items are on the paychecks issued by the New School:
Gross Pay
The total amount you've earned in this pay period.
FICA
The amount withheld for Social Security and Medicare.
Federal and State Tax
The amounts withheld for federal and state income taxes. These amounts are based on information you give your employer when you fill out tax withholding forms.
Other
You may have other deductions.
Net Pay
This is the dollar amount of your check, after subtracting all deductions. |
