Loan Programs
Domestic Students – Federal and Private Loans
U.S. citizens and U.S. permanent residents are eligible for federal loans. They also have the option to apply for private loans.
Federal Loans
The U.S. Department of Education offers both federal unsubsidized and Graduate PLUS loans.
Students must submit the Free Application for Federal Student Aid (FAFSA) to be reviewed for a federal unsubsidized or Graduate PLUS loan. Applicants are encouraged to submit their FAFSA as early as possible and should submit it no later than May of the calendar year they intend to start school. The FAFSA data determine your eligibility for the following:
Unsubsidized Loan
Students are eligible for $10,250 per semester in the federal Direct Unsubsidized loans. This loan has an interest rate (effective for loans disbursed between July 1, 2023 and June 30, 2024) of 7.05% fixed with a loan origination fee of 1.057%, which is applied at disbursement.
Graduate PLUS Loans
In order to supplement the federal Direct Unsubsidized loan, domestic students are also eligible for the U.S. Government’s Graduate PLUS loan to help cover the full cost of attendance. This loan has an interest rate (effective for loans disbursed between July 1, 2023 and June 30, 2024) of 8.05% fixed with a loan origination fee of 4.228%, which is applied at disbursement.
More information on federal loan programs can be found on the Stern Graduate Financial Aid website.
Private Loans
U.S. citizens and U.S. permanent residents may be eligible to receive private loans. A comprehensive list of current lenders typically used by Stern students can be found on the Stern Graduate Financial Aid website.
International Students – Private Loans
International students may be eligible to receive private student loans with and/or without a U.S. co-signer. For information on potential student loan opportunities, please visit the Stern Graduate Financial Aid website.
NYU Stern Loan Assistance Program
NYU Stern, with support from its Social Enterprise Association MBA club, has established a Loan Assistance Program. The Program seeks to lessen the financial burden of repaying business school loans among graduates who pursue career paths in social enterprise. These careers often have smaller compensation packages than traditional MBA tracks. The Loan Assistance Program supports the School’s mission to develop leaders who create value for business and society.
Interested MBA graduates may apply annually, within the first 10 years of graduation, for consideration. Eligibility and selection are determined by the NYU Stern Graduate Financial Aid Office, and benefits are distributed on a funds-available basis. All determinations are final. The School reserves the right to restructure the program or eliminate the program at any time without notice. For more information on how to apply for funds, deadlines, and eligible organizations, please visit the Stern Graduate Financial Aid website.