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For registered students, invoices will be sent electronically beginning with the fall 2007 semester. An e-mail will be sent to the student's New School email address (@newschool.edu) notifying him/her that the invoice is ready to view through the MyNewSchool internet portal. The invoices will be available for viewing in early July with a payment due date of August 10; invoices for the spring semester will be available in December with a payment due date of January 10. The invoice will contain all current financial aid as of the date of the invoice.
Students who register just prior to the start of classes must pay their tuition and fees (and housing if applicable) in full, less approved financial aid awards, or make approved payment arrangements (degree students only) with Student Financial Services at the point of registration. You may make payment on MyNewSchool (via credit card and/or checking/savings account) or at the Student Financial Services Cashiering Office, located on the ground floor of 65 Fifth Avenue.
Registration is not complete until payment or payment arrangements (i.e., Monthly Payment Plan, verification of employer reimbursement–see below) have been made.
Accepted forms of payment: Payment may be made by bank debit card and cash (in person only for both), personal check (electronic payments from a savings or checking account may be made through MyNewSchool), Visa, MasterCard, American Express (available for payment through MyNewSchool as well), or wire transfer.
Payment 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. Mail your payment to The New School, Student
Financial Services, 66 West 12th Street, New York, NY 10011. According to university policy, third-party checks are not accepted with the exception of checks from parents, which must include the name of the student and the New School ID number in the memo section. Please be advised that funds to cover any checks submitted to The New School must be available at the time checks are submitted. Also see the "Returned Check Policy" section below for more information on this topic.
When our office is closed, there is a drop box just to the left of the Cashiering Office, located at 65 Fifth Avenue, between 13th and 14th Streets, on the ground floor. Students can make payment by check or credit card with authorization forms available at that location. Students can also make payment at the Box Office at 66 West 12th Street, which is open during the academic year; hours are Monday-Thursday, 1:00-8:00 p.m. and Friday 1:00-7:00 p.m (closed in the summer).
Please note: Payment to the University is the responsibility of the student. Payment is not contingent on receiving grades, receiving passing grades, or completing courses. In the event that a student's financial aid or loans are not realized, the student is responsible for paying any outstanding balance through other means.
All checks returned from the bank are automatically re-deposited for payment. If, for any reason, a check does not clear for payment after being deposited a second time, a penalty of $30 is charged to the student's account. The university cannot presume that the student has withdrawn from classes because the check has not cleared or has been stopped; payment and penalty remain due. Payment for the amount of the returned check and the $30 returned check fee must be made with cash, certified bank check, or money order. Another personal check will not be accepted.
An additional 10 percent penalty is charged if payment for a returned check is not received within four weeks. After a second returned check, all future charges must be paid with cash, certified bank check, or money order. Personal checks will no longer be accepted from that student. If it becomes necessary to forward an account to a collection agency, an additional 10 percent penalty will be charged on the remaining account balance.
For information on how to wire transfer funds to The New School, please sign on to MyNewSchool (click the "Student" tab, then in the "Student Financial Services" channel click "Wire transfer information.").
Students who do not have access to MyNewSchool, please email Student Financial Services for instructions. Only students who have been admitted and deposited can wire transfer funds.
The university offers a monthly payment plan which is accessible through the MyNewSchool student portal. It enables students or their families to pay interest-free monthly installments on their account toward their tuition, fees, and housing. Many students and families find monthly installments more manageable than one lump payment each semester. The payment plan is not a loan. Therefore, there are no credit checks. It is available for the fall and spring semesters for five or four monthly installments (this payment plan is not available for summer charges). Matriculated students taking six or more credits per semester and The New School for Social Research students maintaining matriculation are eligible.
Students expecting reimbursement from their employer/sponsor may defer payment of tuition and fees upon presentation of a signed, official authorization from their employer/sponsor on company letterhead. The authorization, which needs to accompany the appropriate form(s) must show a current date and include the following: student name, the New School ID number, the amount of tuition (and fees, if applicable) to be covered by the employer/sponsor, the semester for which tuition will be covered, the employer’s address and phone number, and the specific terms for payment, i.e., whether upon receipt of grades or upon registration. Payment may not be deferred on any portion of the charges that the employer has not agreed to pay.
If the reimbursement is to be made upon receipt of grades, there is an employee participation fee of $150.00. The participation fee, all mandatory fees, and any tuition balance not covered by your employer /sponsor must be made prior or upon submission of forms. Payment by credit card or ACH payment using your checking/saving account may be made online at MyNewSchool. You may also fax a credit card authorization to 212.229.8582 when faxing your forms. Students taking this type of deferral need to complete both the Deferral Credit Card Payment Authorization and Employer Reimbursement Deferment forms. The payment due dates of the balance being deferred are February 1 for the fall semester, June 15 for the spring semester and August 15 for the summer semester.
If The New School can submit an invoice to your employer/sponsor once you are registered, and payment is not contingent upon receipt of grades, there is no participation fee. Students need to complete the Employer Reimbursement Deferment form and submit with the employer authorization. Any balance not covered by your employer/sponsor must be made prior or upon submission of forms.
Students who are deferring because they are expecting reimbursement from their employer/sponsor must submit the employer authorization letter and form(s) to Student Financial Services by the appropriate payment due dates in order to avoid the late payment fee. Employer authorizations and form(s) may be faxed to 212.229.8582 or mailed to The New School, Attn: Third Party Billing, 79 Fifth Avenue – 5th Floor, New York, NY 10003 or brought in person to the Cashiering Office at 65 Fifth Avenue. For any questions regarding employer reimbursement you may e-mail sfs@newschool.edu or call 212.229.8930, option 3.
Students are reminded that they need to decide if they are going to retain or waive their health insurance fee by the deadline set by the Health Services Office. Complete information can be found on the Health Services website. Please be advised that a student has not completed registration and is not considered cleared until these fees are either waived or paid.
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