Education Financing

Summer Session

Education financing is generally not available for Summer Session courses.

Fall and Spring

Student Financial Services
210 Kent
(212) 854-4206
[email protected]

• information and application forms for private loans and/or payment plans
  
  
• help in dealing with lender in potential default situations

Education financing staff are available Monday through Friday, 9 a.m.-5 p.m.

Student Financial Planning
208 Kent
(212) 854-7040
[email protected]

By phone: 9 a.m.-5 p.m. weekdays

In person: until 6 p.m. on Mondays and Tuesdays.

• Stafford Loan information and application

Financing Options

Students enrolled in Continuing Education and Special Programs have a variety of options available to them to finance their educational expenses:

• private loan programs
  
  
• payment plan
  
  
• Federal Stafford Loan Program (for eligible students)

Private Loan Programs and Payment Plan

All Continuing Education and Special Programs students may avail themselves of these options. For more information, contact Student Financial Services

Federal Stafford Loan

(Business Careers Initiative, Postbaccalaureate Classics Program, and Postbaccalaureate Psychology Program)

To be considered for the loan, students must:

• be U.S. citizens or permanent residents of the United States
  
  
• plan to be enrolled on at least a half-time basis (two courses per term)

To apply:

1. Complete and submit the Free Application for Federal Student Aid (FAFSA) [http://www.fafsa.ed.gov/]. In the school listing section of the form (Step 6), enter E00817 as the University’s Title IV code.
   
   
2. Approximately three to four weeks after filing the FAFSA:
   
   —the student will receive a Federal Student Aid Report
   —the University will receive the same information directly from the U.S. Department of Education.
   
   
3. Student Financial Planning will then review the FAFSA data, inform the student of his or her eligibility for the loan, and provide information on application procedures.

Loan amount: up to $10,500 per academic year

For students demonstrating need, up to $5,500 of the annual loan amount may be borrowed on a subsidized basis, where the federal government pays the interest during periods of enrollment.

Students must be enrolled on at least a half-time basis (two courses per term) to receive loan funds.
If a student drops below half time after the term begins, loan funds may have to be returned to the lender.

Loan Repayment

Repayment is an important part of your student loan process. Failure to keep in touch with your lender or to answer requests for information, as well as failure to make timely loan payments, can result in a default judgment against you. This is a very serious matter, as it affects your credit rating and your ability to borrow in the future. If you are having difficulty making your loan payments, contact your lender at once. Often the lender will renegotiate payment amounts. Even after you complete your studies here, you may contact Student Financial Services for help in dealing with your lender in a potential default situation.

Scholarships for Writing Students

For more information:

Leslie Woodard, Associate Director
Creative Writing Center
612 Lewisohn
(212) 854-3774
[email protected]

The J. R. Humphreys Fellowship Fund in Writing
Gift of Mrs. John W. Hill in honor of J. R. Humphreys in recognition of his unique contribution to the Writing Program and to his students. A full fellowship for one course in creative writing is awarded each term to a Special Student in the Creative Writing Center. The fellowship is based on achievement and financial need.

Claire Woolrich Memorial Scholarship Funds
A scholarship for the education of deserving students interested in entering upon a career in writing.

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