I'm planning to apply to NYU's SPS and am trying to understand how their tuition is structured. Are there any additional fees I should be aware of, and what financial aid options are available?
NYU's School of Professional Studies (NYU SPS) follows a per-credit-hour tuition structure for their degree programs. This means that you pay for each credit hour you enroll in, and it allows for some flexibility in the number of courses you take.
In addition to tuition, be aware of additional fees which can include but are not limited to registration fees, technology fees, and activity fees. You can find a summary of these other charges on the NYU SPS website.
As for financial aid, NYU SPS students are eligible for consideration for federal, state, and institutional aid. To kick off the financial aid process, you'll need to complete the Free Application for Federal Student Aid (FAFSA). This will determine your eligibility for federal and state aid. The FAFSA needs to be filled out on an annual basis, so make sure that you're meeting all annual deadlines.
Institutional aid in the form of scholarships or grants is another possibility. NYU SPS usually offers a handful of merit-based scholarships specifically for their students. The potential or current students usually need to submit a separate application for these, and the deadlines may vary.
Private scholarships and loans are also options you might consider to finance your education. Just be aware that private loans often have higher interest rates and less favorable terms than federal loans.
Keep in mind, though, that specific details about tuition and fees can change each academic year, and the amount of available financial aid can vary as well. So for the most up-to-date and specific information, it's always a good idea to reach out directly to NYU's Office of Financial Aid or consult their website.
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