Undergraduate

Apply to Your Program

• If you are admitted, your program may offer you merit-based aid.
• Certain programs may offer need-based aid on a limited basis, for which you must file the FAFSA.

File Your FAFSA

• The New School's FAFSA code is 002780.
• The priority deadline for prospective students entering in the fall semester is February 1; students who miss the priority deadline may still receive financial assistance, but certain types of aid may no longer be available.
• Remember that the FAFSA is released on October 1 for the next aid year. You do not need an admission decision to file the FAFSA.
• If you are applying for the spring semester, you should submit the FAFSA for the current aid year.

Receive and Review Your Award Letter

• Forms of aid mentioned in your award letter may include scholarships, grants, loans, and work-study.
• Certain kinds of aid, such as Direct Subsidized and Unsubsidized Loans, must be accepted or declined through your MyNewSchool account. Loans must be paid back with interest.
• Aid awarded in the form of Federal Work-Study requires you to find a job and is paid as earned wages. It does not apply toward your balance.

Review Your Outstanding Requirements

• You can view your requirements on MyNewSchool.
• After you accept certain kinds of aid, such as Direct Loans, you must take additional steps, such as completing entrance counseling and signing a Master Promissory Note on studentloans.gov.
• If you are selected for FAFSA verification, you will receive information on your next steps from the Office of Financial Aid.

Review Your Estimated Cost of Attendance

• Review your estimated Cost of Attendance, which may vary depending on factors such as your choice of housing and meal plan.
• If you need additional funding or financing, review options such as external scholarships, Parent PLUS Loans, private loans, and monthly payment plans. If you have exhausted all of these options and are in need of additional scholarship aid, you can fill out the Financial Aid Appeal Application.

Apply to Your Program

• Transfer students are eligible for merit-based aid consideration during the admission process.
• Certain programs may offer need-based aid on a limited basis, for which you must submit the FAFSA.

Submit Your Transcripts

• If you have loans from a prior institution that went into repayment, you may apply to have them deferred once you are enrolled in school at least half-time.
• The number of credits transferred from the prior institution may affect your federal loan eligibility, which depends on your grade level.
• Students who already have a bachelor's degree should note that they are no longer eligible for federal Pell Grants.
• Students who already have a bachelor's degree and have been admitted to an Associate of Applied Science (AAS) degree program or a second bachelor's degree program should indicate on their FAFSA that they are undergraduate students, not graduate students. Although they have already earned an undergraduate degree, as students in these programs, they are still considered undergraduates and are eligible for undergraduate financial aid.

File Your FAFSA

• You do not need an admission decision to file the FAFSA.
• The New School's FAFSA code is 002780.
• The priority deadline for prospective students entering in the fall semester is February 1; students who miss the priority deadline may still receive financial assistance, but certain types of aid may no longer be available.
• Remember that the FAFSA is released on October 1 for the next aid year. 
• If you are applying for the spring semester, you should submit the FAFSA for the current aid year.

Receive and Review Your Award Letter

• Forms of aid mentioned in your award letter may include scholarships, grants, loans, and work-study.
• Certain kinds of aid, such as Direct Subsidized and Unsubsidized Loans, must be accepted or declined through your MyNewSchool account. Loans must be paid back with interest.
• Aid awarded in the form of Federal Work-Study requires you to find a job and is paid as earned wages. It does not apply toward your balance.

Review Your Outstanding Requirements

• You can view your requirements on MyNewSchool.
• After you accept certain kinds of aid, such as Direct Loans, you must take additional steps, such as completing entrance counseling and signing a Master Promissory Note on studentloans.gov.
• If you are selected for FAFSA verification, you will receive information on your next steps from the Office of Financial Aid.

Review Your Estimated Cost of Attendance

• Review your estimated Cost of Attendance, which may vary depending on factors such as your choice of housing and meal plan.
• If you need additional funding or financing, review options such as external scholarships, Parent PLUS Loans, private loans, and monthly payment plans. If you have exhausted all of these options and are in need of additional scholarship aid, you can fill out the Financial Aid Appeal Application.

International undergraduate students studying on an F-1 or J-1 student visa are eligible to be considered for merit-based aid during the admission process. For more information, see the International Students section.

You must file the FAFSA each year in order to be eligible for need-based and federal financial aid in the subsequent academic year. The priority deadline for continuing students is February 15. Financial aid award processing for continuing students begins in May. You should check the status of your financial aid and student account through your MyNewSchool portal on a regular basis.