facebook
News and Events
News
Events

Dec 18 2014

BBC to Feature Home2(O) Project in News Segment

Dec 12 2014

NYIT Wins Grant to Develop STEM Programs

Dec 12 2014

NYIT-Abu Dhabi M.S. Granted Local Accreditation

Dec 08 2014

NYIT Study: Thyroid Hormones Reduce Animal Cardiac Arrhythmias

Dec 04 2014

NYIT At White House Event to Announce Commitment to Expand College Access

Jan 06 2015

Transfer Enrollment Day

Jan 07 2015

Transfer Enrollment Day

Jan 08 2015

Transfer Enrollment Day

Jan 27 2015

Internship Certificate Program - Orientation I

Jan 28 2015

Internship Certificate Program - Orientation I

Loan Limits

Annual and Aggregate Federal Loan Limits 2014 - 2015

Dependent Undergraduate Students

  Freshman
0-30 Credits
Sophomore
31-62 Credits
Junior
63-96 Credits
Senior
97+ Credits
Aggregate Limit
Stafford (Subsidized / Unsubsidized) $3,500 $4,500 $5,500 $5,500 $23,000
Additional Unsubsidized Stafford $2,000 $2,000 $2,000 $2,000 $8,000  

Total Stafford

$5,500 $6,500 $7,500 $7,500 $31,000


Independent Undergraduate/Dependent Undergraduate Students with PLUS Denial

  Freshman
0-30 Credits
Sophomore
31-62 Credits
Junior
63-96 Credits
Senior
97+ Credits
Aggregate Limit
Stafford (Subsidized / Unsubsidized) $3,500 $4,500 $5,500 $5,500 $23,000
Additional Unsubsidized Stafford $6,000 $6,000 $7,000 $7,000 $34,500  

Total Stafford

$9,500 $10,500 $12,500 $12,500 $57,500


Graduate/Professional Students

  Graduate Limit Aggregate Limit
Unsubsidized Stafford * $20,500 $138,500
* Ineligible for Subsidized Stafford Loans first disbursed on or after July 1, 2012.


Federal Direct Loan Origination Fees and Interest Rates

  For loans first disbursed on or after July 1, 2014 but before
October 1, 2014
  For loans first disbursed on or after October 1, 2014 but before October 1, 2015
  Origination Fee Interest Rate   Origination Fee
Undergraduate Subsidized
Stafford
1.072% 4.66%   1.073%
Undergraduate Unsubsidized Stafford 1.072% 4.66%   1.073%
Graduate Unsubsidized Stafford 1.072% 6.21%   1.073%

Parent PLUS **

4.288% 7.21%   4.292%

Graduate PLUS **

4.288% 7.21%   4.292%
** Parent and Graduate PLUS Loan eligibility depends on credit approval. You may borrow up to the cost of attendance, minus any other aid received.


Federal Perkins Loan Program (Interest Rate 5%)

  Freshman
0-30 Credits
Sophomore
31-62 Credits
Junior
63-96 Credits
Senior
97+ Credits
 

Annual Maximum

$5,500 $5,500 $5,500 $5,500  

Aggregate Total

$11,000 $11,000 $27,500 $27,500  
Contact Us

New York »

Old Westbury
Harry J. Schure Hall, fl. 1
516.686.7680
Email Us | Map It

Manhattan
16 West 61st St., fl. 1
212.261.1590
Email Us | Map It

Canada »

Vancouver
701 W. Georgia St., Suite 1700
604.639.0942
Email Us | Map It

China »

Nanjing
c/o NUPT, 66 Xin Mofan Malu
86.25.349.2393
Email Us | Map It

United Arab Emirates »

Abu Dhabi
CERT Technology Park
(+971) 24-048-585, ext. 611
Email Us | Map It


GiveToNYIT