New York University Bulletin - Gallatin School of Individualized ...

NEW YORK UNIVERSITYThe plan includes a nonrefundable application fee of $50.00, which is to be includedwith the initial payment on the payment due date.Interest at a rate of 1 percent per month on the unpaid balance will be assessed if paymentis not made in full by the final installment due date. A late payment fee will be assessedon any late payments.A separate deferred payment plan application and agreement is required for each semesterthis plan is used.The Deferred Payment Plan will be available at www.nyu.edu/bursar/formsin July for the fall semester and in December for the spring semester.For additional information, please visit the Office of the BursarWeb site at www.nyu.edu/bursar/paymentplans or call 212-998-2806.TUITIONPAY PLANTuitionPay is a payment plan administered by SallieMae.The plan is open to all NYU studentswith the exception of the SCPS noncredit division.This interest-free plan allows forall or a portion of a student’s educational expenses (including tuition, fees, room and board)to be paid in monthly installments.The traditional University billing cycle consists of one large lump sum payment due atthe beginning of each semester.TuitionPay is a budget plan that enables students to spreadpayments over the course of the academic year. By enrolling in this plan, you spread yourfall semester tuition payments over a four-month period (June through September) andyour spring semester tuition payment over another four-month period (November throughFebruary).With this plan, you budget the cost of your tuition and/or housing, after deducting anyfinancial aid you will be receiving and/or any payments you have made directly to NYU.A nonrefundable enrollment fee of $50.00 is required when applying for the fall andspringTuitionPay plans.You must enroll in both the fall and spring plans. Monthly statementswill be mailed by TuitionPay, and all payments should be made directly to TuitionPay.For additional information, contact TuitionPay at 800-635-0120 or visit the NYU BursarWeb site at www.nyu.edu/bursar.DROPPING COURSES AND REFUND OF TUITIONStudents who drop courses after the session begins may be liable for all or a portion of thetuition and/or fees for the courses. See the refund schedule for more information. For informationon how to officially drop a class, see Dropping Courses, page 89.112 NewYork University Bulletin 2012-2013