Applying for Financial Aid as an MD Student
At NYU Grossman School of Medicine, we want to make the application process for financial aid as simple as possible. We recommend you submit your Free Application for Federal Student Aid (FAFSA) and College Scholarship Service (CSS) Profile as early as possible so that the broadest range of funds is available.
Applications for Different Types of Aid
We have summarized the types of scholarships available and the forms required for U.S. citizens and permanent residents, applicants who are part of the Deferred Action for Childhood Arrivals Program, and international students.
U.S. Citizens and Permanent Residents | |
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Full-Tuition Scholarship | FAFSA required for first-year students only. No application required for continuing students. |
Full-Tuition Scholarship and unsubsidized Loan | FAFSA required for all students seeking loans |
Full-Tuition Scholarship and need-based Debt-Free Scholarship | CSS Profile required annually |
Full-Tuition Scholarship, Debt-Free Scholarship, and unsubsidized loan | FAFSA and CSS required annually |
Deferred Action for Childhood Arrivals Program | |
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Full-Tuition Scholarship | No application required |
Full-Tuition Scholarship and need-based Debt-Free Scholarship | CSS Profile required annually |
International Students | |
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Full-Tuition Scholarship | No application required |
Full-Tuition Scholarship and need-based Debt-Free Scholarship | CSS Profile required annually |
To complete the FAFSA and CSS Profile, you must submit financial information about yourself, your parents, and if applicable your spouse. You need the following items:
- federal income tax returns: all pages and schedules filed
- W-2 form(s)
- NYU Grossman School of Medicine FAFSA Institutional Code: 002785
- CSS Profile Code: 2234
- Federal Student Aid identification number (FSA ID) issued by the U.S. Department of Education’s Federal Student Aid Office
We consider each student’s entire household financial situation when determining the appropriate financial aid package. However, to be considered for need-based Debt-Free Scholarship with NYU Grossman School of Medicine, you will be required to submit parental information and upload documents for financial verification for review by our office. Should you be awarded a full–cost-of-attendance scholarships, no FAFSA or CSS Profile is required.
Financial Aid Tax Information, Dates, and Deadlines
Accepted applicants and returning students interested in applying for need-based scholarships or loans for the 2024–25 academic year can submit the FAFSA as early as December 31, 2023, and CSS profile as early as October 1, 2023, using income and tax information from 2022. Accepted applicants should complete the FAFSA and CSS Profile as soon as possible and preferably no later than April 1 of their application year to receive awards before the academic year begins.
If you are accepted off the waitlist, we ask that you complete the FAFSA and CSS Profile as soon as possible so that we may package your award.
Returning medical students should preferably submit their FAFSA and CSS Profiles no later than April 15 for the 2024–25 school year.
If you are not planning on filing a tax return, you will be required to submit an IRS tax non-filer form and an income and wage transcript. These two documents can be obtained from the IRS website free of charge.
Other Factors That Influence Financial Aid Awards
Certain federal loan programs place a cap on the amount students are allowed to borrow over the course of their education. Prior loans for undergraduate and other graduate degrees are assessed as part of the financial aid process to determine whether students are within the borrowing limits of a particular loan program.
Undergraduate Loan Deferment
After classes begin, the Office of Registration and Student Records at NYU Grossman School of Medicine notifies the National Student Clearinghouse, a centralized student database, that you are a full-time graduate student. Most lending agencies automatically check this database and place your undergraduate loans on “in-school” deferment.
However, if you have lenders who do not use the National Student Clearinghouse, you may need to fill out deferment paperwork. If you are not sure how to defer existing loans, make an appointment with the Office of Admissions and Financial Aid for help.
Satisfactory Academic Progress
In order for a student to receive and maintain federal or institutional funds, the student must be compliant with our Satisfactory Academic Progress Policy.