Federal | Financial Aid

All need-based awards and federal student aid, including federal loans, is based on your financial need and eligibility as determined by the Free Application for Federal Student Aid (FAFSA). Any U.S. citizen or permanent resident who is a student in a degree-granting program should submit a FAFSA to be considered for federal aid.
Eligibility
You must be admitted to a degree, diploma, or graduate-level certificate program and enrolled in at least 6 credits per semester to be eligible for federal financial aid. For a brief overview, download the Financial Aid Eligibility and Application Chart.
See below for information on other factors that may affect federal aid eligibility.
For next steps, visit the Apply for Aid section and select the appropriate topic for your situation.
FAFSA Verification
On May 18, the U.S. Department of Education temporarily suspended most of the verification requirements for the remainder of the 2022-2023 academic year in order to provide relief to students and colleges facing challenges and barriers resulting from the ongoing national emergency.
The New School Office of Financial Aid has waived verification document requirements where applicable, but must continue to review Identity/Statement of Educational Purpose and High School Completion Status requests and resolve instances where conflicting information is discovered. Students who are currently in the process of submitting any remaining verification documents are still required to complete the verification process.
Please review your financial aid portal on your MyNewSchool account for any financial aid requirements. Please submit any additional documents requested by our office to our Secure Drop-Box. For security reasons, please do not send sensitive personal information by email. If you have any questions about your requirements, please speak with a financial aid counselor.
Satisfactory Academic Progress
Federal regulations require that colleges monitor the academic progress of each applicant for federal financial assistance, including loans, grants, and work-study awards. The New School is required to certify that each student receiving federal aid is making satisfactory academic progress (SAP) toward earning their degree. This determination of progress must be made at least once a year, typically at the end of the spring semester, after spring grades are released and before the Office of Financial Aid awards or disburses any federal aid funds for the next semester.
Students who fail to meet the minimum SAP standards are placed on Financial Aid Suspension and are notified by email. If you are notified that you have been placed on Financial Aid Suspension, you can request that your financial aid eligibility be restored by submitting an Satisfactory Academic Progress Appeal form, accessible to eligible students through their Financial Aid Requirements on their MyNewSchool. Appeals will not be accepted after July 15.
The full Satisfactory Academic Progress Policy is available for download.
Please note that decisions about academic probation and institutional scholarship eligibility are separate from the process of certifying that SAP standards are being met.
- SAP Minimum Standards
  
  SAP is determined on the basis of quantitative and qualitative standards.
  Quantitative Standards
  Students must have earned 66.67 percent of the total credits from courses they attempted; transfer credits count as both attempted and earned credits.
  Students are permitted to receive federal student aid for a maximum of 150 percent of the number of credits normally required for completion of their degree program (e.g., up to 180 credits for a 120-credit degree).
  If, at any point, it becomes impossible for students to complete their degree within the 150 percent allowance, their eligibility for federal financial aid will be revoked for the remainder of their studies, without the possibility of an appeal.
  Qualitative Standards
  Undergraduate students must maintain a minimum cumulative GPA of 2.0.
  Graduate students must maintain a minimum cumulative GPA of 3.0.
  SAP Appeal Conditions and Process
  Students have the right to appeal any decision of ineligibility to continue receiving financial assistance. They must be able to demonstrate that the conditions that caused them to fall below SAP requirements can reasonably be expected not to exist in subsequent semesters and provide documentation supporting their claim of unusual circumstances in order to be considered for an appeal. Examples of unusual situations that may provide grounds for an appeal include:
  Serious physical or mental illness
  Severe accident or injury
  Death of a family member
  Other extenuating circumstances
  If you wish to appeal a Financial Aid Suspension, you must complete the Satisfactory Academic Progress Request for Review and submit it, along with all required statements and supporting documents detailing the extenuating circumstances, to the Office of Financial Aid at The New School within 30 days of notification that aid eligibility has been lost. The deadline for submitting a Satisfactory Academic Progress Request for Review for the upcoming school year is July 15. Appeals will not be accepted after July 15.
  After you submit an appeal, you will be sent an email with the ruling of the Financial Aid Appeals Committee. If the appeal is granted, the letter will detail any specific requirements you must fulfill for the appeal. Failure to fulfill these requirements will result in an immediate suspension of financial aid. The Office of Financial Aid may also have to return any federal financial aid disbursed on the basis of the committee's decision if you fail to fulfill the requirements.
  If you do not have grounds for appeal or if the appeal is denied, you will remain on Financial Aid Suspension, but you may be able to regain eligibility for future semesters. You can do this by enrolling at The New School at your own expense — without federal financial aid — and meeting the qualitative and quantitative SAP standards.
- Common Questions About SAP
  
  If I am reinstated following an academic suspension or dismissal, am I also eligible to be taken off Financial Aid Suspension and have my financial aid reinstated?
  Financial aid decisions are completely separate from academic admission decisions. Re-enrollment in The New School following an academic suspension or dismissal does not automatically guarantee that your financial aid will also be reinstated, and your previous coursework will still be considered in the determination of your aid eligibility.
  I do not have the funds to continue school without financial assistance while I work to meet SAP standards. Can I appeal my SAP Financial Aid Suspension?
  The Financial Aid Appeals Committee understands that you may not be able to immediately continue your education without financial assistance. However, financial hardship is not considered an unusual situation that can be considered for an SAP appeal.
  I was employed while attending The New School, and my work affected my academic performance. Can I appeal my SAP Financial Aid Suspension?
  If you were employed while attending The New School, your employment may have negatively affected your academic performance. However, like financial hardship, the impact of employment is not considered an unusual situation that can be considered by the Financial Aid Appeals Committee.
  Where can I submit my SAP appeal and supporting documents?
  All documents to be included in the appeal should be submitted with the form to our Secure Drop-Box.
  What happens if my SAP Request for Review is incomplete or I do not have documents to support my appeal?
  Incomplete SAP appeals will not be considered.
  Who determines the outcome of an SAP appeal? Are all decisions final?
  SAP Requests for Review are considered by the Financial Aid Appeals Committee. The committee's decisions are final.
  How will I be notified of the outcome of my appeal?
  The Financial Aid Appeals Committee's decision will be emailed to you.
  Can I take classes while my SAP appeal is considered? Will I get a refund for these classes if my appeal is approved?
  If you decide to enroll in classes while under Financial Aid Suspension, you are responsible for all costs incurred, regardless of the outcome of the SAP appeal.

Federal Student Aid

Eligibility

FAFSA Verification

Satisfactory Academic Progress

Quantitative Standards

Qualitative Standards

SAP Appeal Conditions and Process

If I am reinstated following an academic suspension or dismissal, am I also eligible to be taken off Financial Aid Suspension and have my financial aid reinstated?

I do not have the funds to continue school without financial assistance while I work to meet SAP standards. Can I appeal my SAP Financial Aid Suspension?

I was employed while attending The New School, and my work affected my academic performance. Can I appeal my SAP Financial Aid Suspension?

Where can I submit my SAP appeal and supporting documents?

What happens if my SAP Request for Review is incomplete or I do not have documents to support my appeal?

Who determines the outcome of an SAP appeal? Are all decisions final?

How will I be notified of the outcome of my appeal?

Can I take classes while my SAP appeal is considered? Will I get a refund for these classes if my appeal is approved?

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