Private Loans

Preferred Lender List and Disclosures

The New School participates in the neutral loan-comparison tool provided by ELM Select. Students looking for a private education loan are encouraged to review these loans and contact our office with any additional questions.

Access our Preferred Lender List at ELM Select—The New School.

Important note: You are not restricted to the lenders presented on our preferred lender list. The university will not direct you to any specific lender. You may choose any lender you find appropriate and follow their application process. This list is provided as a resource to help you research and make the best selection for your educational funding needs. It is not exhaustive, and other options are available. The New School does not endorse and is not affiliated with any lender. 

See more information on the Preferred Lender Disclosure.

Quick Facts About Private Loans 

  • Most lenders require a creditworthy U.S. co-signer.  
  • Once you have been approved for a private loan, your lender will notify the Financial Aid Office, which will certify your loan.
  • Lenders will disburse loan funds to The New School after a mandatory right-to-cancel period has elapsed, which can be up to ten business days from the time a loan is certified.  
  • Any funds remaining after your loan has been applied to the balance due on your account will be refunded to you directly by the Office of Student Accounts.

Contact Us

Office of Financial Aid
2 West 13th Street, 5th floor
New York, NY 10011
finaid@newschool.edu
212.229.8930

In-Person Office Hours
Monday–Friday, 10:00 a.m.–5:00 p.m.

Virtual Office Hours
Monday–Thursday, 10:00 a.m.–2:00 p.m.

To schedule time with a staff member, visit The New Queue.

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Notice of Nondiscriminatory Policy

The New School admits students of any race, color, national and ethnic origin to all the rights, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, national and ethnic origin in administration of its educational policies, admissions policies, scholarship and loan programs, and athletic and other school-administered programs.