NYU Stern Graduate Financial Aid | Satisfactory Academic Progress

Federal regulations require New York University to monitor the academic performance of its students for the purpose of verifying and maintaining their eligibility for federal financial aid. If you do not meet the standards of Satisfactory Academic Progress (SAP), your federal financial aid will be suspended. (Students may continue to acquire private non-NYU scholarships and private non-federal loans.) Eligibility for financial aid will be returned when the student meets the SAP standard.

The Office of Financial Aid typically conducts a SAP review annually, at the conclusion of each academic year. Students who do not meet the requirement receive a notice on their NYU Albert account. The review will include courses completed up through the summer term of that academic year. Students who enroll in programs that are only one year in length will have progress checked after their first payment period (between the Fall and Spring semesters, generally). Your current New York University academic transcript is reviewed to verify that you are in good academic standing and making steady progress toward the completion of your degree requirements. "Good standing" means that you are maintaining the minimum grade point average (GPA) of 2.5, earning a passing grade in a minimum of 67.00% of all your attempted credit hours, and have resolved the status of any unsatisfactory grades (e.g. "incomplete," "no grade," etc.). 

Students have the right to appeal the suspension of their financial aid only once for each academic degree, except in the event of illness or injury. You will be approved for financial aid probation if the Financial Aid Appeals Committee determines, from your academic record, that you can reasonably meet SAP requirements in a single semester. If your appeal for a probation semester is granted, your aid will be restored for that one semester (provided you meet all other eligibility criteria). The Satisfactory Academic Progress Appeal Form can be found here.

You must be meeting SAP standards before your aid eligibility can be restored for future semesters.

EXTENSION OF FINANCIAL AID ELIGIBILITY

The maximum time for completion of degree requirements is available on the NYU Stern Academic Affairs and Advising website. NYU Stern may require that incomplete courses (IPs) be completed and verification of grades be provided before finalizing an aid decision. You should contact the NYU Stern Graduate Financial Aid Office for any questions regarding your continued aid eligibility and SAP.

Financial aid funding is designed to help students complete their degree requirements within a limited period and is generally not available beyond that point. In certain circumstances, however, additional student funding for one or more semesters may be authorized. To be considered for an extension of financial aid eligibility, you will be asked to submit a SAP Credit Review (SCR) Form (via your Albert To Do List).

Most types of financial aid, including federal financial aid, require students to be enrolled in courses that are necessary to fulfill their degree requirements. To ensure applicable courses are taken, students are encouraged to seek guidance from their academic advisors. If you have questions regarding your academic progress, contact NYU Stern Academic Affairs and Advising at (212) 998-0585 or by email at academicaffairs@stern.nyu.edu.