Nyu Transfer Students: International Financial Aid Options

does nyu ad provide financial aid to international transfer students

NYU is a prestigious university with a diverse student body, attracting applicants from over 130 countries. The university offers various financial aid options for students, including scholarships, grants, and loans. While NYU is committed to meeting the full demonstrated financial needs of first-year undergraduate students, transfer students are not eligible for NYU institutional financial aid. However, transfer students may still be eligible for federal or state financial aid and scholarships through specific programs. International transfer students have additional considerations, such as student visa requirements, and may have different application processes or eligibility criteria for financial aid.

Characteristics Values
NYU institutional financial aid for international transfer students Not eligible
International transfer students' certification of finances Required
Student visa application process Not required
NYU sponsorship of F-1 or J-1 student status Eligible
NYU CCTOP scholarship funding Eligible
NYU's Second Degree Program in Rory Meyers College of Nursing Eligible
NYU Gallatin Undergraduate Initiative for Discovery in Education (GUIDE) Eligible
NYU HEOP academic and financial aid support Eligible if transferring from another NYSED opportunity program
NYU POISE Program Eligible
NYU institutional grant aid Available throughout the degree
NYU Promise Not eligible
Federal or state financial aid Eligible
NYU's Office of Financial Aid Available for coordination and support

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International transfer students are not eligible for NYU financial aid

International transfer students are not eligible for NYU institutional financial aid. However, they may be eligible for NYU sponsorship of F-1 or J-1 student status. NYU is committed to reducing financial barriers to higher education for talented students. The university meets the full demonstrated financial need of first-year undergraduates admitted to the New York campus, ensuring access to a prestigious research university.

International applicants are reviewed based on the CSS Profile alone. Students admitted as first-year undergraduate students to the New York campus who apply for financial aid by the deadline will have 100% of their demonstrated need met. NYU covers the total cost of attendance, including tuition, housing, food, books, and supplies, less the amount that the family is expected to contribute.

Transfer students may be eligible for scholarships, in addition to federal or state financial aid. For example, the NYU CCTOP program provides scholarship funding and support to community college students at select partner institutions to complete their degrees at NYU. The HEOP program, funded by the New York State Education Department in partnership with NYU, provides academic and financial aid support to low-income New York resident students transferring from another NYSED opportunity program.

International transfer applicants must meet high school requirements and be enrolled as degree-seeking students at a college or university outside the U.S. Newly admitted students should review the student visa and immigration process. If admitted, international transfer students will be required to submit a certification of finances showing they can fund their four years of study. They must fill out the NYU Application for Certificate of Eligibility (AFCOE) online and submit supporting documents before being issued a student visa.

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Scholarships are available for transfer students

While international transfer applicants to NYU do not need to submit a certification of finances, they are also ineligible for NYU institutional financial aid. However, transfer students are eligible for scholarships, which are a type of financial aid that does not need to be paid back.

One such scholarship is the NYU CCTOP (Community College Transfer Opportunity Program), which provides funding and support to community college students at select partner institutions to complete their degrees at NYU. The NYU CCTOP is open to students transferring from community colleges and is a need-based scholarship.

Another scholarship option for transfer students is the Gallatin Undergraduate Initiative for Discovery in Education (GUIDE). GUIDE is a mentorship, transition, and scholarship program that prepares high-achieving students at the Borough of Manhattan Community College to succeed in rigorous BA degree liberal arts programs at NYU Gallatin.

Additionally, NYU offers the Second Degree Program in the Rory Meyers College of Nursing, which is open to students who have completed a bachelor's degree in another field and are now seeking a second degree in nursing.

For students who are ineligible for federal aid or for whom federal aid is insufficient, private educational loans may be an option, subject to credit approval.

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Private educational loans are an option

NYU does not provide institutional financial aid to international transfer students. However, international students at NYU can apply for private educational loans from external lenders. NYU provides a list of lenders that have provided private education loans to graduate students in the past, but it does not recommend or endorse any of them. The university also cannot act as a co-signer or sponsor for domestic or international students.

When applying for private loans, students must complete a Student Self-Certification Form, as mandated by the federal government. The final loan amount approved by lenders depends on the borrower's credit history, verifiable cost of attendance, and credit approval.

EDvestinU Private Student Loan

EDvestinU offers private student loans that are best suited for international students with a co-signer.

Custom Choice Loan

Custom Choice Loan is a good option for DACA students with a co-signer.

Advantage Education Private Student Loan

Advantage Education provides international students with a residency card a good option for private student loans.

SoFi Undergraduate Student Loan

SoFi Undergraduate Student Loan is a good option for international students with a residency card.

Earnest Private Student Loans

Earnest Private Student Loans are made by One American Bank or FinWise Bank. They offer flexible repayment options, no late fees, and a nine-month grace period. However, they are limited to international graduate students from Canada, India, Mexico, or South Korea.

Ascent Funding

Ascent Funding offers international co-signed student loan options for international students. They also provide exclusive access to tips and resources to help students prepare for financial success while studying and after graduation. However, international students require a creditworthy co-signer who is a U.S. citizen or permanent resident with a minimum gross annual income of $40,000.

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NYU sponsorship of F-1 or J-1 student status is available

International students at NYU are eligible for NYU sponsorship of F-1 or J-1 student status. To be eligible, students must be accepted into a full-time academic program at a US-based NYU site and have an official admission notice from NYU along with an NYU University ID number.

There are two ways to obtain F-1 or J-1 status:

  • By first applying for an I-20 or DS-2019 from OGS at NYU, departing the United States, and then re-entering the United States in F-1 or J-1 status.
  • By first applying for an I-20 or DS-2019 from OGS at NYU and then filing a change of status application with the United States Citizenship and Immigration Services (USCIS) within the United States, remaining in the country until the approval or denial is received.

If you are currently in the US in B-1 or B-2 status, there is a higher risk that your change of status application may not be approved. If you are in the US under a “visa waiver” program, as a J-1 exchange visitor or J-2 dependent and are subject to the 2-Year Home Residency Requirement, or if you are in violation of your current immigration status, you cannot apply for a change of status within the US.

If you are planning to bring your spouse with you, they will need to obtain an F-2 dependent I-20 from NYU. F-2 dependents may not work or enrol in school in the US. For J-1 status, at least half of the funding must come from a source other than personal or family funds. If you choose J-1 status, your spouse will need to obtain a J-2 dependent DS-2019 from NYU. J-2 dependents may apply for work permission and may study in the US. Some students in J-1 status are subject to a two-year home-country physical presence requirement, which means they must return to their home country for at least two years at the end of their exchange visitor program.

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NYU meets the full financial need of first-year students

NYU meets the full demonstrated financial need of first-year students who are admitted as full-time, first-year undergraduate students to the New York campus. This means that NYU will cover the total cost of attendance—including tuition, housing, food, books, and supplies—through scholarships, grants, and expected student work. The only requirement is that students apply for financial aid by the specified deadlines.

NYU is committed to reducing financial barriers to higher education for talented students. The university ensures access to a prestigious global research institution by meeting 100% of demonstrated financial need. This is determined by the cost of attendance minus a family's ability to pay, as outlined by the College Board's CSS Profile and FAFSA. Notably, loans are not included in the financial aid package, and NYU expects that students will not need to borrow. However, loans remain available if families prefer this option.

International first-year students who apply for financial aid by the deadlines are also eligible for financial aid that aligns with The NYU Promise. These students are reviewed based on the CSS Profile alone. Additionally, newly admitted international students are eligible for NYU sponsorship of F-1 or J-1 student status, though they will need to submit a certification of finances and begin the student visa application process.

While NYU does offer scholarships and financial aid to transfer students through various programs, the university is unable to meet the full demonstrated financial need of transfer students. Transfer students may still be eligible for federal or state financial aid and should review the specific eligibility and application requirements for these opportunities.

Frequently asked questions

International transfer students are not eligible for NYU institutional financial aid. However, they may be eligible for NYU sponsorship of F-1 or J-1 student status.

First-year undergraduate international students who apply for financial aid by the deadlines are eligible for financial aid.

To be eligible for federal or state grants, you must be a student who is eligible for them, and they will automatically be included in your financial aid package.

NYU Promise is a financial aid package that the university provides to eligible first-year undergraduate international students.

NYU offers scholarships for transfer students through specific programs such as NYU CCTOP, the Second Degree Program in Rory Meyers College of Nursing, and the Gallatin Undergraduate Initiative for Discovery in Education (GUIDE).

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