Understanding financial aid is easier than you think. At New York Tech, we’ll walk you through the financial aid process so you can maximize your aid eligibility. Let’s get started!

CONTACT FINANCIAL AID

Types of Aid

Scholarships & Grants

These are "gift awards" that you don't have to pay back. They can come from the university, the federal or state government, or private and non-profit organizations, and can be awarded based on economic need, merit, or other criteria.

Student Loans

Loans are borrowed money that must be repaid with interest. Federal loans, which include both need-based and non-need-based options, usually offer the best terms. Private loans are available from banks and other financial institutions. They carry variable interest rates and may require a co-signer.

Federal Work Study

The Federal College Work-Study Program provides part-time employment to assist eligible enrolled students in paying for educational expenses. Awards are based on economic need. If you are not eligible for Federal College Work-Study, you can apply for other on-campus work opportunities. For more information, please email Student Employment.

Veteran's Benefits

New York Tech is proud to serve veterans of the U.S. Armed Forces. In coordination with the Department of Veteran's Affairs, we offer you and your family an array of programs and educational benefits to help pay for tuition and assist with living expenses while enrolled at our university. Veteran aid is available to both undergraduate and graduate students.

Eligibility for Financial Aid (Domestic Students)

Your eligibility for assistance is based on two factors: the cost of attending New York Tech and your family's ability to pay based on the information you provide on your Free Application for Federal Student Aid (FAFSA).

The 2024-2025 FAFSA will be available in December 2023. We recommend submitting your FAFSA as early as possible in your application process.

To complete your FAFSA, you can use the Data Retrieval Tool to transfer your and your parents’ federal tax information:

• Students applying for Spring 2024 admission must complete the 2023–2024 FAFSA using 2021 federal tax information.
• Students applying for Fall 2024 admission must complete the 2024-2025 FAFSA using 2022 federal tax information.

For our New York City and Long Island campuses, the Federal School Code ("Title IV" code) for selecting New York Institute of Technology as a school of choice on the FAFSA is 002782.

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