Admissions, Financial Aid, Tuition and Fees

Admissions

The course of studies at Polytechnic is academically rigorous and intellectually challenging; therefore, admission to Polytechnic is highly selective. Candidates for admission to graduate programs are evaluated by the department to which they apply. Students seeking admission to the undergraduate programs are evaluated by the professional staff of the Office of Undergraduate Admissions.

Undergraduate Application Process

Application materials and information about undergraduate admissions may be obtained by contacting the Office of Undergraduate Admissions or on-line:

Office of Undergraduate Admissions
Polytechnic Institute of New York University
Six MetroTech Center
Brooklyn, NY 11201
Tel: (718) 637-5955
Fax: (718) 260-3446
E-mail: uadmit@poly.edu
Web: www.poly.edu/admit

Undergraduate applicants should complete the application for admission and forward it to the Office of Undergraduate Admissions with either the nonrefundable application fee or a fee-waiver request form. Applicants must request that their secondary school and/or college forward official copies of all transcripts to the Polytechnic Office of Undergraduate Admissions. Additionally , applicants must submit an essay and two letters of recommendation. All freshman applicants and transfer applicants with fewer than 30 college credits from an accredited institution are required to submit official copies of test scores of the Scholastic Assessment Test (SAT) or the American College Testing Program (ACT). Transfer applicants with fewer than 30 college credits from an accredited institution are required to submit official copies of their secondary school transcripts and SAT or ACT scores.

Polytechnic’s Office of Undergraduate Admissions reviews applications once all required documents are received and notifies students of decisions in writing. Applicants are encouraged to apply early. Preference for admission and scholarship is given to applicants who submit all documents according to the following timetable:

Full-time Undergraduate Study

Regular Decision:
January 14, January 13, January 11 for the spring 2011, 2012, 2013 semesters.

Early Decision:
November 7, 2011 for Fall 2012;
November 5, 2012 for Fall 2013.

Priority Decision:
February 14, 2011 for Fall 2011;
February 3, 2012 for Fall 2012;
February 3, 2013 for Fall 2013.

May 1 (all years)– deposit for freshman admitted students due.

Full-time Transfer Undergraduate Study

January 14, 2011 for Spring 2011 semester;

January 13, 2012 for Spring 2012 semester;

January 11, 2013 for Spring 2013 semester;

August 12, 2011 for Fall 2011 semester;

August 10, 2012 for Fall 2012 semester;

August 9, 2013 for Fall 2013 semester.

The preceding timetable does not apply to international applicants. Because of the extra time required to process applications from abroad, consideration will not be given to applications received after December 1 for the spring semester, or after July 15 for the fall semester. All official records, with notarized translations, must also be received by these dates. (See “Admission as an International Student” for additional information.)

If accepted for admission, applicants should submit an enrollment deposit of $300 to reserve a place in the entering class. This deposit is applied to tuition and fees for the first semester and is non-refundable. Deposits to reserve a place in the entering freshman class are due May 1. Deposits to reserve a place for entering transfer students are due August 22. Students who submit deposits after the deadline will be placed on a waiting list for the fall semester.

Applicants accepted for the fall semester may begin their studies in the summer session. Polytechnic offers two summer sessions to help students who wish to accelerate or supplement their studies.

The Early Admission Plan for High School Juniors

On occasion, Polytechnic offers early admission to outstanding high school juniors. Programs can be arranged so that these students simultaneously satisfy high school requirements while completing their freshman year of college. Candidates for this program must complete the required entrance examinations in their junior year of high school and must present with their application a letter from their principal stating the secondary school’ s approval.

Admission as Freshman

Requirements

Applicants for admission as freshmen are required to take the Scholastic Assessment Test (SAT). The American College Testing (ACT) Program may substitute for the SAT. Students who are admitted to Polytechnic and plan on enrolling are required to take two placement examinations before registration. Students who score a 4 or 5 on the Math and English Advanced Placement Exams or who achieve a high score on the SAT II Math and English subject’ s exams may be exempt from Polytechnic’ s placement exams.

The preferred secondary school course of study is:

This course of study is only a directive, not an absolute requirement. The primary concern of the members of the Committee on Admissions is to determine an applicant’ s potential for success at Polytechnic.

Interviews and Campus Tours

Prospective students are strongly encouraged to visit the campus and interview with an admissions counselor . In some circumstances, an interview is required. Arrangements can be made by calling the Office of Undergraduate Admissions at 800-POLYTECH or (718) 637-5955. If advance arrangements are made, prospective students may be able to combine their campus visit with an interview with an admission counselor.

Freshman Admission with Advanced Standing

Freshmen may receive advanced standing with college credit at Polytechnic by scoring exceptionally well on the Advanced Placement Examinations given by the College Board. Specific requirements for administering college credit—for the Advanced Placement and the International Baccalaureate  Exam, for the French Baccalaureate or for the General Certificate Exam A levels, etc.—vary from department to department.

Admission under the Higher Education Opportunity Program

The Higher Education Opportunity Program (HEOP) provides educational opportunity to economically and educationally disadvantaged students of New York state. Economic eligibility is based on New York State guidelines, which consider family size, family members who are students and family income.

Freshmen entering HEOP are required to take six weeks of work during the summer before beginning the freshman year to make up prerequisites and courses in which limitation is shown. Freshmen are admitted to this program in the fall only.

Transfer students may enter HEOP provided there is space available. Only students coming from similar programs approved by the HEOP central office are eligible to transfer into HEOP.

For further information, contact the HEOP office at (718) 260-3370.

Admission as an International Student

International students must meet four basic criteria for admission to Polytechnic and be in receipt of a valid I-20 or DS-2019:

• Academic credentials (grades, certificates, degrees) must be assessed as suitable for entry to the specific Polytechnic program. Transcripts must be submitted with official translations. One source for official translations is World Education Services at www.wes.org.
• Submission of SAT or ACT scores is required for freshmen. This requirement may be waived in some circumstances.
• The Test of English as a Foreign Language (TOEFL) or IELTS is required of all students whose native language is not English. This requirement may be waived, in some circumstances.
• Admitted international students applying for an F-1 or J-1 student visa are required to submit a signed and completed Polytechnic Declaration and Certification of Finances (Affidavit of Support) accompanied by a bank statement signed by a bank official to receive an I-20 or DS- 2019.
• Students holding F-1 or J-1 visas must enroll as full-time students.

If transfer credit is desired, candidates must include catalog or syllabus descriptions of courses completed. English translation must be provided where necessary. An official transfer-credit evaluation will be done, as soon as possible, after the student arrives at Polytechnic and meets with a member of the admissions staff and a departmental adviser.

Admission as a Transfer Student

Polytechnic welcomes transfer students from accredited colleges and universities, provided they have maintained a strong academic record. Students with less than 30 college credits need to submit official high school transcripts and official SAT or ACT scores; however, under certain circumstances the submission of high school transcript(s) and SAT/ACT scores may be waived by Admissions. Students who have completed 30 or more college credits need only submit official college transcripts. All transfer applicants must also submit an essay and two letters of recommendation.

Once accepted, transfer students’ credits will be evaluated by the academic department to which they are applying for evaluation to determine which are transferrable. Students are required to submit their college catalog, and/or syllabi, describing courses under consideration for transfer credit.

Transfer credits will be officially evaluated before the end of the first semester in which the transfer student is enrolled at Polytechnic by the academic departments. Transfer credit is awarded on the basis of current standards and curriculum. Therefore, it is possible that credits Polytechnic had previously awarded for courses taken at other universities may no longer be granted at this time. Transfer credit will not be considered for any course with less than a C grade. Any student who completes a course in residence at Polytechnic for which transfer credit has already been granted will automatically forfeit the transfer credit for that course.

In certain instances, course requirements may be waived for students who demonstrate sufficient knowledge of specific course content through either oral or written examinations given by the department. When course requirements are waived, the student will not receive credit for the course, but must substitute a more advanced course to satisfy the degree requirement.

The grades for transfer courses are not included in computing the Polytechnic grade-point average. New transfer students may be admitted on a part-time or full-time basis and are required to take a mathematics diagnostic examination and may be required to complete a writing placement exam.

Admission as a Part-Time Student

Students seeking a bachelor’s degree may enroll on a part-time basis (11 credits or less). Part-time undergraduate students should be aware that it is not possible to complete a bachelor’ s degree program by attending only evening courses.

Regulations concerning subject requirements and admissions procedures are given in the section “Admission as a Freshman.”

Following notification of acceptance, students are told when to contact the adviser of their major department. In some cases, this contact may be accomplished during registration.

Special and Visiting Status

An individual requesting permission to register for one or two courses in a specific semester is assigned special- admission status. A special (nondegree) student application must be submitted to the Office of Undergraduate Admissions. Included in this status are individuals who want to take courses for professional advancement or personal development, or individuals from other colleges wishing to transfer credit back to their home institution but who do not want to earn a degree. A maximum of 6 credits or two courses may be taken in one semester and no more than a total of 9 credits or three courses may be taken. Exceptions can be made to this policy through the office of Undergraduate Academics. This policy does not apply to currently enrolled high school students or students in an approved Poly exchange program. A special student application must be filed each semester the individual remains in this status. Permission to take courses as a special student does not imply admission to a degree program.

Courses taken on a nondegree basis are not automatically applied to a degree program. Some courses, however, may be applied to a degree program with the approval of a departmental adviser. Students may enroll in up to 9 credits as a special student before formal admission is required.

Students should work with their home institution to insure that the courses they participate in at NYU-Poly will transfer back to the school where they will receive their degree. Students who wish to matriculate at the Institute and receive a degree from NYU-Poly should apply as transfer students and should not apply for visiting student status.

Visiting Student Application Process

To be eligible for consideration to participate in the NYU-Poly visiting student program for the fall and/or spring semesters, applicants must meet the following criteria:

• Currently achieving a cumulative GPA of a 3.0 or better. Students who do not meet this minimum academic requirement will not be considered.
• Not currently on academic, disciplinary, and/or medical leave or probation at their current institution. Students may take a personal leave for the semester(s) they are studying at NYU if such a leave is required by their home institution to maintain matriculation.
• It is also recommended that all applicants should be fully prepared for Calculus prior to enrolling as a visiting student at NYU-Poly.

Application Checklist

When completing and returning the application, applicants should read the checklist below to ensure that they have included the appropriate items and information (this list can be found on the application itself ):

• Completed Application
• Official Transcript
• Application Fee of $50.00, payable to “Polytechnic Institute of NYU”

Conditional Status

An undergraduate degree applicant who is required to demonstrate additional ability to pursue the program applied for is assigned conditional status. Conditions may include taking introductory level courses, limited courses per semester, or attainment of a specified grade-point average.

Status

Within the full-time and part-time classifications of undergraduate admissions are three status groups: regular, conditional and special/visiting student. A change in status from conditional to regular should be applied for when the conditions of admission are satisfied. A special or visiting student must file an application for undergraduate admissions with the Office of Undergraduate Admissions.

Readmission

Polytechnic students who have not been in attendance for one semester or more and have not been granted an approved leave of absence (see “Leave of Absence ”) must apply for readmission through the Office of Undergraduate Admissions. The student’ s application for readmission will be sent to the student’ s academic department for evaluation. The academic department in consultation with the Office of Academic Affairs and Dean of Undergraduate Academics determine whether the student is eligible to continue his/her studies at NYU-Poly. 

Students who have been academically disqualified must apply for readmission through the Office of Undergraduate Admissions. Students applying for readmission are expected to state their reasons for leaving Polytechnic and explain why they want to return. They must also submit with their application for readmission official transcripts of college-level courses taken during this absence from Polytechnic.

Graduate Admissions

To be eligible for admission as a graduate student, an applicant must first hold a bachelor’s degree from an institution acceptable to Polytechnic. The bachelor’s degree program must comprise at least four years of college-level work. In case the bachelor’ s degree program is less than four years, additional college-level course work should be taken to satisfy the requirement of four years of college-level preparation. Attention is given to listings by the Accreditation Board for Engineering and Technology , the American Chemical Society, the Computer Science Accreditation Board and various regional accrediting associations. An applicant applying to a graduate program in an area of study different from the undergraduate field in which a bachelor’ s degree or its international equivalent was earned may be required to take additional courses for which credit toward degree requirements may not be given (see “Conditional Status”).

Graduate admission information can be obtained from the Office of Graduate Admissions, Polytechnic Institute of NYU, Six MetroTech Center, Brooklyn NY 11201, (718) 260-3182, or online, at www.poly.edu/admissions/graduate.

Admission Procedures

In addition to the application form and fee,an applicant must have official transcripts from all previously attended undergraduate and graduate institutions sent directly to the Office of Graduate Admissions in an officially sealed envelope. An application should be supported by letters of recommendation from persons qualified to comment on the applicant’s aptitude for graduate study and research. A Statement of Purpose from the applicant is also required. Applicants should outline reasons for undertaking graduate studies and future plans. A resume detailing the applicant’s professional and academic background is also required. Official standardized admission test results are required as per the examination section.

All applicants are requested to send the entire application, including transcripts, letters of recommendation and all other supporting documents, in one package to facilitate processing and to avoid delays due to missing documents. Action on an application will be taken as soon as possible after all supporting documents are received.

Applicants applying before completion of their undergraduate studies must submit the original proof of completion of Bachelor’ s degree to Graduate Admission’ s Office before registering as a graduate student at Polytechnic.

Application Deadlines

The deadlines for sending in completed applications for fall semester are:
March 30: (1) all applicants applying for scholarships, assistantships and financial awards and (2) all international applicants.
July 1: all other applicants.

For spring semester the deadlines are:
November 1: (1) all applicants applying for scholarships, assistantships and financial awards and (2) all international applicants.
December 1: all other applicants.

Examinations

The Graduate Record Examination (GRE) or Graduate Management Admission Test (GMAT) is required for admission to some graduate programs and are recommended for all others. However, all international applicants must submit scores for the GRE (or GMAT if applicable) to be considered for admission. GRE or GMAT scores are also required for those applying for merit-based scholarships, fellowships and assistantships. Effective Spring 2013, GRE scores are mandatory for students seeking full-time study. Applicants seeking admission to the MS in Integrated Digital Media are exempt from the GRE requirement.  Applicants seeking admission to technology management related degrees may submit the GMAT score instead of GRE.

Consult the departmental section of this catalog for specific requirements about each degree program.

International Applicants

An international student must complete an application for admission by March 30 (fall admission) or November 1 (spring admission) to be reviewed for the term requested. Late applications or an incomplete file will delay review and perhaps entrance by at least one term.

Additionally, international students are required to demonstrate English proficiency. For detailed information, see “English Requirement for International Students.” All international students must submit a notarized Certificate of Finance accompanied by a bank statement showing the ability to meet financial obligations for the course of study.

English Requirement for International Students

To be granted regular admission to a graduate degree program, international students normally are required to demonstrate proficiency in English by obtaining a score of at least 80 on the internet-based Test of English as a Foreign Language (TOEFL) or 6 in the International English Language Testing System (IELTS).

This requirement may be waived for international students who:

• have earned a degree from an institution in a country where English is the official language;
• have successfully completed an undergraduate program in the United States in which English was the official or major language of instruction;
• can demonstrate a level of English proficiency deemed equivalent to a TOEFL score of 80 (internet-based test: IBT) through submission of evidence acceptable to the Institute.

International students who obtain a TOEFL (or equivalent) score between 57 and 80IBT may be admitted to a graduate degree program on the condition that they successfully complete an English program at the Institute. Upon successful completion of the approved English program, students are not required to submit a new TOEFL score.

Polytechnic Institute of NYU’s English Program

In certain cases, international graduate students may be required to attend an intensive English program at Polytechnic upon enrollment. Students may attend this program while taking a reduced graduate academic load of one to two courses a semester. Grades or credits obtained in courses related to this English program will not be included in the computation of the GPA or toward successful degree completion.

Status

Within the full-time and part-time classifications of graduate admission are three status groups: regular, conditional and special. A change in status from conditional to regular should be applied for when the conditions of admission are satisfied. A special student must file an application for graduate admission with the Office of Graduate Admissions.

Regular Status

A graduate degree or certificate applicant who is adequately prepared to begin the program applied for is assigned regular admission status upon the recommendation of the major department’ s faculty.

Conditional Status

Conditional status is assigned to an applicant for a graduate degree or certificate who is required to demonstrate additional ability to pursue the program for which he or she applied. Conditions may include taking introductory level or undergraduate courses, proof of degree completion taking intensive English courses, or attaining a specified grade-point average.

Special Admission Status

Special admission status is assigned to an individual requesting permission to register for one or two courses in a specific semester. A special (nondegree) student application must be submitted to the Office of Graduate Admissions. Included in this status are individuals seeking to take courses for professional advancement or personal development, but who do not want to earn a degree; and part-time degree applicants with incomplete admission files. A maximum of 6 credits or two courses may be taken in one semester and no more than 9 credits or three courses may be applied to a Polytechnic degree program. If such courses are applied toward a degree, they are considered as having been taken “in residence” at Polytechnic. A special student application must be filed each semester the individual remains in this status.

Permission to take courses as a special student does not imply admission to a degree program. Special students must hold a bachelor’s degree from an institution acceptable to Polytechnic. Proof of degree is required.

Readmission

Students who last attended Polytechnic within one year before the semester in which they seek to be readmitted and who have filed a formal leave of absence do not need formal readmission and are automatically permitted to register. Students who have not attended within the past year and did not file a formal leave of absence must apply for readmission; an application is available from the Office of Graduate Admissions.

Students who want to interrupt their studies must request a leave of absence for a specified time, usually not exceeding one year. Such requests, when approved by the Office of Graduate Academics (and the Office of International Students and Scholars for international students), constitute assurance of readmission to the degree program from which the leave was taken. Students must apply for readmission when absence exceeds the approved leave of absence.

Financial Aid

Undergraduate Financial Aid

NYU-Poly administers a broad range of scholarship and financial aid programs to assist students in pursuing their educational goals. To meet the total cost of education, students may draw upon such available sources as student income, family income, Institute grants and federal and state funding.

All financial aid is limited to the need of the student as determined by the federal government’s need analysis calculation. Students receiving financial assistance from NYU-Poly must notify the Office of Financial Aid of all scholarships, loans and other forms of educational assistance from sources other than those directly administered by NYU-Poly.

The following are three basic types of financial aid:

1. Scholarships and grants: funds awarded to students based on academic ability and financial need that do not require repayment.
2. Loans: specific sums awarded to students with repayment conditions. Education loans generally have low-interest rates with extended repayment terms.
3. Employment: part-time and summer jobs either on- or off-campus.

Approximately 90% of NYU-Poly’s undergraduate students receive aid, including scholarships, grants, work-study jobs and student loans.

Applying for Financial Aid

Incoming freshmen should file a Free Application for Federal Student Aid (FAFSA) during January. (Later applications will be considered on a rolling basis as funds are available.)

Transfer students should file a FAFSA by May 1.

Renewing Financial Aid

All currently enrolled students must reapply for financial aid annually by completing the Free Application for Federal Student Aid (FAFSA) before March 1^st for the upcoming academic year to be considered for all types of aid. Students filling after March 15^th will be considered late and may not qualify for all types of aid. Students are liable for any late fees assessed by Student Accounts due to late FAFSA filing.

The FAFSA is available for completion online at www.fafsa.ed.gov.

Before completing the FAFSA students should be sure to have a valid PIN number. This will serve as an electronic signature. To apply for a PIN number, visit www.pin.ed.gov.

Parents of dependent students are required to sign the FAFSA so they should also apply for a federal PIN number at www.pin.ed.gov. Dependent students who complete the FAFSA without a parent signature will be rejected by the processor. Financial aid cannot be awarded until the FAFSA is completed and approved by the processor.

Students should make sure that all required sections of the FAFSA are competed before submitting:

• Signed by student (and parent for dependent students);
• Enter the code for Polytechnic Institute of New York University – 002796;
• Include housing status – on campus, commuting or off campus;
• Include state residency information. New York Residents should utilize NYS TAP link to apply for NY State aid (www.tapweb.org).

Federal Campus-Based Programs

Students eligible for a federal campus-based program must (1) show need, (2) be enrolled at least half time (the equivalent of at least six credits per semester) and (3) be either a U.S. citizen or an eligible non-citizen.

To apply for any of these programs, students must have been accepted to NYU-Poly and have filed a FAFSA. The Office of Financial Aid determines the awards.

To continue to receive an award, students must make satisfactory academic progress, provide the Office of Financial Aid with all requested documents and report any changes in their financial situation annually.

All campus-based programs are contingent on annual awarding by the federal government. Renewal of awards may be affected by overall government funding to the school.

Federal Supplemental Education Opportunity Grant (SEOG)

The Federal Supplemental Education Opportunity Grant (SEOG) is awarded to undergraduates with exceptional financial need. Qualified applicants receive between $500 and $3,000 a year. Students must file the FAFSA each year by March 15^th to be reviewed for renewal. Renewal of awards is based on financial need and government funding.

Federal Perkins Loans (formerly National Defense Student Loans, NDSL)

Federal Perkins Loans are 5% interest loans awarded through the Office of Financial Aid. They are included as part of the financial aid package and range from $500 to $2,000 per year. Total undergraduate Perkins Loans may not exceed $20,000.

The repayment period and interest for Perkins Loans do not begin until nine months after a student graduates, withdrawals or drops to less than half-time enrollment.

Federal Work-Study Program

The Federal Work-Study Program provides part-time jobs for undergraduate students to help meet college-related expenses. The Office of Financial Aid determines eligibility. The Career Management Center arranges work schedules.

At NYU-Poly, the average federal work-study award is $1,500 per academic year. Jobs are arranged on-campus, along with community service opportunities. Most assignments average 10 to 15 hours a week, and the work schedule is adjusted to the student’s and the employer’s needs. The hourly rate varies depending on the position. Students are paid bi-weekly.

Federal and State Sponsored Programs

Federal Pell Grants

The Federal Pell Grant is a need-based program. Awards are determined by the U.S. Department of Education according to an eligibility index and by the level of appropriations available. Grants are for study leading to a first bachelor’s degree.

Eligible students must (1) be U.S. citizens or permanent residents, (2) make satisfactory academic progress and (3) meet federal need requirements.

Students apply for the Federal Pell Grant by completing a FAFSA. Students applying for financial aid at NYU-Poly (including Federal Direct Loans) are required to apply for a Federal Pell Grant.

Tuition Assistance Program (TAP)

The Tuition Assistance Program (TAP) attempts to minimize the difference in cost normally found between New York’s public and independent colleges so that students may make their choices based on program characteristics alone and not the difference in cost.

The amount of TAP award depends on tuition charges and NYS net taxable income. Income is adjusted to reflect other family members enrolled full-time in post-secondary study.

Eligible students must (1) be New York State residents and U.S. citizens or permanent residents, (2) enroll full-time at an approved New York State post-secondary institution, (3) meet income requirements established by New York State, (4) complete a TAP application by May 1st for the current academic year and (5) not be in default on a federal or state student loan.

To apply for a TAP award, students should complete an Express TAP Application (ETA) at www.hesc.com.

If NYU-Poly’s name does not appear on the TAP certificate, use the NYSHESC website at www.hesc.com to update the college code to 0610 which is the NYU-Poly code.

To continue to receive TAP benefits, students must demonstrate satisfactory academic progress. All TAP recipients must achieve a 2.0 cumulative GPA after the completion of three full-time semesters.

In addition, students must fulfill the following academic requirements:

1. Complete a minimum number of credits by the end of each term of full-time study;
2. Maintain a minimum cumulative grade-point-average. The table below provides the correspondence between TAP payment points and academic progress.

Academic Progress for TAP Purposes

TAP Waiver: Students who do not meet the criteria as indicated on Requirements 1 and 2 may be eligible for a one-time TAP waiver. For appeal and consideration by the TAP Waiver Committee, students must file a TAP Waiver Form with the TAP certifying Officer in the Student Financial Services Office.

Aid for Part-Time Study (APTS)

Aid for Part-Time Study (APTS) The Aid for Part-Time Study (APTS) Program provides state grants to less than full-time students.

Eligible students must (1) be working toward an undergraduate degree as a part-time student, (2) be in good academic standing, (3) be a resident of New York State, (4) be either a U.S. citizen, permanent resident or refugee, (5) not have exhausted TAP or other New York State student financial aid eligibility for full-time study and (6) qualify under the New York State–mandated income requirements.

To apply, students should file an application with Student Financial Services no later than the second week of classes for the current semester. Students must apply each semester.

Vietnam Veterans Tuition Awards (VVTA) Supplement

In 1984, the New York State Legislature established the Vietnam Veterans Tuition Award program to provide tuition assistance for full-time or part-time undergraduate student for veterans who are residents of the state, who served in Indochina between February 28, 1961 and May 17, 1975, and who were discharged under honorable conditions or general discharge.

Since 1984, the program has been expanded to include veterans who served in the Persian Gulf on or after August 2, 1990 and in Afghanistan on or after September 11, 2001, and to provide awards for graduate as well as undergraduate study.

In 2008, the legislature further amended the law to also include “other eligible combat veterans.” This group includes individuals who are New York State residents, who served in the armed forces of the United States in hostilities that occurred after February 28, 1961, as evident by their receipt of an Armed Forces Expeditionary Medal, Navy Expeditionary Medal, or Marine Corps Expeditionary Medal and who were discharged under honorable conditions, as noted above.

For full-time study, veterans are eligible for an award equal to the amount of undergraduate tuition for New York State residents charged by the State University of New York, or actual tuition charged, whichever is less.

For part-time study, awards are prorated by credit hour. Part-time study for Veterans Tuition Awards is defined as at least three, but fewer than 12, semester hours at degree-granting institutions.

Awards are available for up to four years of undergraduate study, or five years for enrollment in an approved five year program and up to three years of graduate study.

Higher Education Opportunity Program (HEOP)

HEOP is sponsored by New York State and Polytechnic for entering freshmen who meet special academic and economic criteria. All inquiries are administered directly through the Office of HEOP. Consult the “Admissions” section and “Special Programs ” for more information.

Institute Scholarships and Grants

Polytechnic awards scholarships to freshmen with strong academic backgrounds for full-time study (12 credit hours a semester). Scholarships are offered through Polytechnic’s PROMISE Fund, which administers more than 100 different programs. Students apply to the Office of Undergraduate Admissions through their application for admission. Awards may cover up to full tuition. Scholars must maintain a 2.5 or 3.0 cumulative GPA (depending on the award). Scholarships are not added to external scholarships nor coupled with multiple NYU-Poly scholarships.

Polytechnic awards the following scholarships:

Promise Scholarships

These scholarships are awarded in varying amounts, based on scholastic achievement. No award may be greater than the amount of tuition less any other aid for which students may be eligible. Scholars must maintain a 3.0 or 2.5 cumulative GPA. No separate application is required.

NYU-Poly Grants

These grants are awarded to students who demonstrate high financial need. Students apply directly to the Institute’s Office of Financial Aid by completing a Free Application for Federal Student Aid (FAFSA).

Merit-Based Scholarships and Awards

Honors Program Scholarship

Students accepted to the Honors Program will receive a scholarship awarded in variable amounts. Please see “Special Programs ” for information on the Honors Program and its requirements.

Promise Fund

Corporate and Individually Sponsored Scholarships

NYU-Poly scholarships are established through generous sponsors. Students are notified if their particular scholarship is corporate or individually donated.

The following is a list of current scholarships at Polytechnic

Other Opportunities

Veterans Administration (VA) Educational Benefits

Eligible Veterans should apply through the Office of the Registrar. A summary of Veterans’ benefits is available in the Office of the Registrar.

Students requesting VA benefits should notify the Office of the Registrar each semester after completing registration. Students must report interrupted attendance or termination of study. Details of NYU-Poly’s requirements are given to all applicants. Please direct questions about veterans’ benefits or paperwork to the Office of the Registrar either in person or by telephone.

Cooperative Education Program (CO-OP)

Co-op is an alternative way to finance education by combining outside employment with college attendance in alternate semesters.

Contact the Career Management Center and Cooperative Education for more information.

Grant Aid to Non-New York State Residents

Some state-aid programs frequently require that awarded funds be used within the state, while other programs sometimes allow funds to be used out of state. Residents of Pennsylvania, Rhode Island, Vermont or Washington, D.C., should contact the following agencies for more financial aid information:

Pennsylvania Higher Education
Assistance Agency
Education Building
Harrisburg, PA 17126

Office of Scholarships
Rhode Island Department of Education
199 Promenade Street
Providence, RI 02908

Vermont Student Assistance Corporation
156 College Street
Burlington, VT 05401

Washington, D.C. Grant Program
Educational Assistance Office
1329 E. Street NW
Room 1050
Washington, DC 20004

Loan Programs

William B. Form Federal Direct Subsidized Loan

The Federal Direct Loan program allows students to borrow money to help meet the costs of college. Students borrow this money and on to go into repayment as long as they meet the program’s academic requirements or until six months after they graduate or withdraw from school.

Eligible students must be (1) U.S citizen or permanent resident, (2) enroll for at least six credits per semester and matriculate, (3) make satisfactory academic progress, (4) demonstrate financial need as determined by the Free Application for Federal Aid (FAFSA).

Academic year loan limits are $3,500 for freshmen, $4,500 for sophomores and $5,500 for juniors and seniors. Interest is subsidized by the government and does not accrue as long as the student meets programs requirements.

To apply, students must complete the FAFSA each year. First time Direct Loan borrowers must also complete the Master Promissory Note and Entrance Counseling session (online).

When student borrowers graduate, withdraw from school or enroll less than half-time, they will be required to complete the Exit Counseling session (online). Borrowers must begin repaying the loan six months after graduating or withdrawing from school. Direct Lending offers many different repayment options. Deferments and forgiveness options are also available. Borrowers should contact Direct Lending regarding any repayment, deferment or forgiveness options.

Repayment of part or of the entire loan may be made in advance at any time without penalty.

William B. Form Federal Direct Unsubsidized Loan

The Federal Direct Unsubsidized loan is open to students who do not qualify for a subsidized loan (listed above). The same terms, conditions, annual borrowing limits apply. The only exception is that the borrower is responsible for interest that accrues while enrolled in school and during the six month grace period. Unpaid interest will be capitalized upon repayment after grace period.

In addition Independent students and dependent students, whose parents are unable to secure a PLUS loan, may apply for an additional $4000 annually at the freshmen and sophomore levels or $5000 annually at the junior and senior level.

Affective as of July 1, 2008, all students are eligible to borrow an additional $2000 under the unsubsidized program regardless of dependency.

Federal Direct Parent Loan (PLUS)

Parents may borrow up to the full cost of attendance for each financially dependent student. A Free Application for Federal Student Aid (FAFSA) is required. Standard repayment begins within 60 days of receiving the final disbursement for the loan period. Deferment options are available so that repayment can be postponed until student graduates, withdraws or drops below half-time enrollment. Interest will accrue while in deferment. Parents must contact Direct Lending if they wish to defer.

Other Resources

Students should contact the Office of Financial Aid for information concerning financial aid programs available, the companies that sponsor them and the necessary application procedures.

Payment Plans

Monthly Payment Plan

A monthly payment plan spreads annual tuition charges over 10 months, beginning in July and ending in April. The monthly payment plan is interest-free, regardless of the balance, with a one-time enrollment fee accessed at the beginning of the plan. Monthly payment plans are also available on a semester basis.

Deferred-Payment Plan

Students who submit written proof of eligibility for tuition reimbursement from their employers will be allowed to defer payment until the end of the semester. Eligibility is contingent upon the signing of a promissory note, with a one-time enrollment fee accessed at the beginning of each semester. A valid credit card is required and will be billed if the company reimbursement is not received by the required deadline after the term.

Third-Party Payment

Students receiving sponsorship from government agencies, employers or other organizations must provide the Institute with proof of coverage and permission to bill a third party. Students are required to pay or arrange for payment of any uncovered portion of the bill. Sponsorships are arranged between the student and a third party; students are responsible for NYU-Poly debt if the third party fails to pay.

Other Opportunities

Several scholarship programs, usually directed by local and civic organizations, are not based on need. High school guidance offices and the Internet are the best sources of information. Also, parents’ places of employment sometimes sponsor programs for employees’ children. These employer benefits are often full- or half-time tuition and sometimes based on merit or need.

Important Financial Aid Policies

• To be eligible for financial aid, students must enroll at least half-time per semester. However, all TAP grants and NYU-Poly scholarships and grants require full-time enrollment to qualify.
• Financial aid applicants (including Federal Direct Loan applicants) must apply for a Pell Grant and, in the case of New York residents, for TAP. NYU-Poly scholarships and grants, combined with Pell Grant and TAP awards, may not exceed tuition.
• Prospective students should not wait until their admission to apply for financial aid. These are concurrent processes. Applicants should make every effort to apply for admission and financial aid by the preferred application dates. Once students are admitted, they are reviewed for financial aid.
• Financial aid is renewable annually, based on the student’s reapplication, continued demonstration of financial need where applicable and fulfillment of other requirements stipulated by the awards.
• Standards of achievement for scholarship maintenance are established each semester. Students who fall below the established criteria may appeal for a one-time grace period to restore their GPA. If they are unsuccessful, the scholarship is revoked. It will be reinstated when the student is again successful. Scholarships cannot be received retroactively. Scholarships can be renewed for eight semesters and are not available for summer terms.
• Since financial aid and scholarship funds administered by NYU-Poly are limited, students should be aware that it is unwise to enroll at NYU-Poly without financial aid support. They should not assume that financial aid will be available from NYU-Poly at a later date. Given the fixed amount of resources, NYU-Poly deems it unethical to withdraw support from students who have based attendance at NYU-Poly on the financial aid awarded them in order to release funds to assist new applicants. Funds from financial aid programs not administered by NYU-Poly, such as Pell Grants, TAP and the Direct Loan Program, are available to eligible students.
• Grants of Title IV Aid (Pell Grants, Supplemental Educational Opportunity Grant, College Work Study, Perkins Loan and Stafford Loan) are contingent upon provision of the following documents:
  
  1. Properly signed Financial Aid Acceptance
  2. Copies of students’ and/or parents’ IRS Form 1040 or 1040A/EZ, if requested
  3. Proof of citizenship or permanent residency status, if requested
  4. Selective Service Registration for males - born after 1960
  5. Other requested documents

Satisfactory Academic Progress

Students must meet the satisfactory academic progress requirements to qualify for all federal and institutional financial aid. Satisfactory academic progress has two-fold criteria. Students must have a certain cumulative grade point average (GPA) and must pass a certain percentage of the total credits they have attempted. Satisfactory academic progress requirements are listed online at www.poly.edu/financial-aid/sap.

A student who is not making satisfactory academic progress may request a one-time waiver of these requirements. Waivers are granted only in cases where the student has demonstrated that the academic progress criteria were not met due to extraordinary circumstances occurring in the student’s life, generally beyond his/her control.

Impact of Withdrawal on Financial Aid

Students who receive Title IV federal aid and withdraw from all coursed prior to completing 60% of the term will have their aid pro-rated according to the Federal Return to Title Four (R2T4) calculation.

In accordance with federal regulations, students who withdraw from NYU-Poly and have credited to their tuition account Federal Title IV financial assistance (Direct Loans, Pell, SEOG, or Perkins Loans) will be subject to the Federal Refund Policy on the possible return of funds awarded.

The amount of the semester’s unearned Federal Aid must be returned to its source. The amounts to be returned are based on the federal R2T4 calculation. When returning Title IV funds federally mandated priority listing will be used:

1. Federal Direct Unsubsidized Loan
2. Federal Direct Subsidized Loan
3. Perkins Loan
4. Federal Direct Parent Loan
5. Pell Grant
6. ACG
7. SMART Grant

If a student has an account balance resulting from these adjustments, the student is responsible for payment.

Graduate Financial Aid

Graduate Fellowships

Fellowships are available for study leading to master’s and PhD degrees in engineering and science. They are awarded through the department in which applicants are enrolled, or to which they have applied. Entering students apply for a fellowship by completing the question on the Application for Graduate Admission form. Continuing students should consult their academic department.

Research Fellowships

Students receiving research fellowships are assigned to research that fulfills the thesis requirement of the graduate curriculum in which they matriculate. They receive a living allowance and remitted tuition. Fellows must be registered as full-time students taking each semester nine or more credits, possibly including their thesis. Typically, funding comes from grants and contracts that faculty have secured from government agencies or industry. In these cases, the student’s research is also reported to the funding agency or company as part of the grant or contract requirements.

Institute Scholars

Institute scholars participate half time throughout the academic year in assignments from the department in which they matriculate. They receive a living allowance and up to 12 credits of tuition scholarship. Scholars must be registered as full-time students taking nine or more credits per semester, which may include their thesis. Students working toward a PhD must also complete the thesis requirement of the department and Institute.

Special Fellowships

Individual departments administer special fellowships sponsored by industry and foundations, each with its own conditions, for students in the department. Contact departmental offices for information on special fellowships.

Reduced Tuition Program for High School and Two-Year Community College Teachers

A reduced tuition program is offered for full-time high school and two-year community college teachers to encourage their pursuit of graduate studies at NYU-Poly. The program provides a 50% tuition reduction for graduate courses taken at any campus. Degree candidates and special students are eligible.

Prospective students must submit to the Office of Graduate Admissions written verification of employment as a full-time high school or college teacher, signed by the department head and an officer of the applicant’s institution. Substitute, part-time, adjunct or temporary appointments are not valid. Only those holding full-time, permanent teaching appointments in a public or private secondary school or accredited two-year community college located in the New York metropolitan area are eligible to participate in this program.

This policy is not retroactive, and students may not participate in more than one tuition-reduction or remission program. This policy is subject to annual review.

William D. Form Federal Direct Subsidized Loan

Graduate Students may apply for a Federal Direct Subsidized Loan of up to $8,500 per academic year. Eligible students must (1) be U.S. Citizens or permanent residents, (2) enroll at least half-time per semester, (3) be matriculated, (4) make satisfactory academic progress and (5) demonstrate financial need. All applicants must complete a Free Application for Federal Student Aid (FAFSA) to determine need. All interest and principle payments are deferred as long as the student is enrolled for at least six credits per semester. Repayment begins six months after graduating, withdrawal or dropping to less than half time. Contact the Student Financial Services Office regarding interest rates and application process.

William D. Form Federal Direct Unsubsidized Loan

The Federal Direct Unsubsidized loan is open to students who do not qualify for the above subsidized loan. In addition, all graduate students may borrow up to an additional $12,000 annually. (Total amount of up to $20,500 may be borrowed per academic year.) The same terms and conditions as above apply with the exception that the borrower is responsible for interest that accrues while enrolled in school and during the six month grace period. Contact Student Financial Services regarding interest rates and application process.

Graduate Federal Direct Plus Loan

Graduate students whose full cost of attendance is not covered by the William D. Ford Direct Loans may apply for the Graduate Direct PLUS loan. Students may apply for up to the full cost of attendance minus any financial aid. A FAFSA is required and the Direct Loans must be utilized before applying for the PLUS loan. The loan is not guaranteed and is subject to credit approval. Repayment can be deferred until graduation or withdrawal. Contact the Student Financial Services Office regarding interest rates and application process.

Tuition and Fees

Up-to-date and detailed information on tuition and fees as well as announcements of cost changes can be obtained from the Office of Student Financial Services before the start of each semester and on the office’s website www.poly.edu/life/student-resources/financial. Tuition rates are set by the NYU-Poly Board of Trustees. Because of economic conditions and inflationary costs, the Institute reserves the right to change tuition charges and fees when it is deemed necessary. NYU-Poly is mindful of the economic challenges of attending a first-rate private school such as NYU-Poly; accordingly, the Institute will continue to make every effort to keep cost increases to the lowest possible level consistent with maintaining educational quality.

Undergraduate Tuition:

*All credits in excess of 20 are charged at the per credit rate.

Undergraduate Institute Fee:

Graduate Tuition:

Graduate Institute Fee:

Executive Format MS Programs:

NYU-ePoly (Online Learning):

*All credits in excess of 9 are charged at the per credit rate.

Other Fees:

Monthly Late Payment Fee:

Charged to all students who register on or after the first day of classes.

Students are not required to pay tuition but pay the Graduate Institute fee for 3 credits

Housing:

Othmer Residence:

Clark Residence:

‡NYU-Poly reserves the right to change tuition charges and fees when it is deemed necessary.

Payment of Tuition and Fees

Each semester, tuition and fee payments are due in full from all students at the time of registration. NYU-Poly reserves the right to de-register students from classes and deny access to campus buildings if payment or payment arrangements are not made at the time of registration. Payment in full refers to various methods, used alone or in combination, including cash, check, money order, financial aid, grants and loans or tuition arrangements authorized by the Office of Student Financial Services. Evidence of financial aid must be presented to the Office of Student Financial Services in order to use the anticipated aid to satisfy tuition costs.

Tuition must be paid in full, including disbursement of loans and all other aid, to receive permission to register for the next semester. Students participating in a payment plan or the graduate deferment plan must pay in full according to the rules of the plan. NYU-Poly reserves the right to withhold transcripts, diplomas and other services, including registration and participation in graduation activities, from students whose financial obligations have not been fully met.

E-Billing

Polytechnic Institute of New York University no longer sends paper tuition statements. All registered students must log into CASHNet via https://commerce.cashnet.com/polypay in order to view their electronic tuition statements.

Tuition Management Systems (TMS) Payment Plan

The Institute provides monthly, by-semester and yearly payment options. The monthly tuition payment plan is available through Tuition Management Systems, an independent agency. Specific information about these plans is outlined on our website www.poly.edu/life/student-resources/financial.

Semester Payment Plan (TMS)

Tuition bills are posted on a semester basis. After deducting all forms of scholarships, grants and loans for the semester, students must pay the remaining tuition balance in full at the beginning of each term. Students who use semester-payment plan do not incur finance charges.

Monthly Payment Plan (TMS)

A monthly payment plan spreads annual tuition charges over 10 months, beginning in July and ending in April. The monthly payment plan is interest-free, regardless of the balance amount, with a one-time enrollment fee assessed annually at the beginning of the plan. Monthly payment plans are also available on a semester basis. The enrollment fee is the same as for the Annual Plan.

Graduate Tuition Deferment

Students who submit written proof of eligibility for tuition reimbursement from their employers will be allowed to defer payment until the end of the semester. Eligibility is contingent upon the signing of a promissory note, with a deferment fee assessed at the beginning of each semester.

Third Party Payment

Students receiving sponsorship from government agencies, employers or other organizations must provide the Institute with proof of coverage and permission to bill a third party. Students are required to pay or arrange for payment of any uncovered portion of the bill. Sponsorships are arranged between the student and a third party; students are responsible for Institute debt if the third party does not make payment. Third parties are billed at the beginning of the semester, and payment is due upon receipt of the bill.

Drop/Withdrawal Policy

Tuition Liability

Upon selecting and reserving courses, students are responsible for all tuition and fees associated with that registration. Students must officially drop or withdraw from classes to remove or reduce tuition liability. Liability will not be voided automatically for nonattendance or non-payment.

Refund/Tuition Liability

This section pertains to all students, regardless of the payment method or the manner of covering tuition costs. Once registered, students must officially drop or withdraw from classes to be eligible for applicable tuition refund or to avoid responsibility for payment of charges already assessed. The Institute Fee is nonrefundable as of the first day of the semester. This applies regardless of whether or not classes have been attended. Recipients of financial aid who incur a tuition liability after registration because of a reduction in the aid or a withdrawal from class will personally be responsible for payment of that liability to the Institute. All tuition liability includes collection fees.

Refund Schedule

The refund schedule applies only during the first four weeks of the semester. It is based on calendar dates, not on the number of class sessions held or attended. The official withdrawal date is the date the withdrawal form (available in the Registrar’s Office) is received in the Office of the Registrar, not the last date of class attendance.

Whenever a student drops or withdraws from a course or from all courses, tuition charges are adjusted according to the above Refund/Tuition Liability schedule, provided that (1) the withdrawal notice is filed within the refund period, (2) it is submitted in writing to the Office of the Registrar and (3) the withdrawal lowers the student’s program to fewer than 12 credits.

Impact of Withdrawal on Financial Aid

In summer 2000, Polytechnic adopted a new Federal Refund Policy to comply with new federal regulations (section 668.22) of the Higher Education Amendments of 1998. In accordance with federal regulations, students who withdraw from the Institute and have credited to their tuition account Federal Title IV financial assistance (Federal Stafford Loan, Federal Parent Loan for Undergraduate Students, Federal SEOG, Federal Perkins Loan or Federal Pell Grant) will be subject to the Federal Refund Policy on the possible return of Title IV funds awarded. In addition, the amount of refundable institutional charges will be determined according to the Institute policy.

The amount of the semester’s unearned Federal Title IV aid must be returned to its source. The amounts to be returned to the Federal Programs vary according to the type of program, the total amount to be returned, and the government’s determination of the order in which aid is returned to the programs. If a student has an account balance resulting from these adjustments, the student is responsible for payment.

When returning Federal Title IV aid, federally mandated priority listing will be used:

1. Federal Direct Unsubsidized Student Loan Program
2. Federal Direct Subsidized Student Loan Program
3. Perkins Loan
4. Federal Parent Loan for Undergraduate Student (PLUS)
5. Federal Pell Grant
6. Supplemental Educational Opportunity Grant (SEOG)
7. ACG
8. SMART

The calculation for impact of withdrawal on financial aid is the same for all students. The determination of tuition refund is based on length of attendance.

Refund Appeals

Appeals for an exception to the refund schedule must be submitted in writing to the Office of Student Accounts, along with documentation supporting the request. Students are expected to be aware of the Institute refund policy and withdrawal procedures; lack of knowledge is insufficient reason for making or granting an appeal.