Federal Pell Grant by New York University

Brief Description

The Federal Pell Grant provided by New York University is a need-based scholarship that helps undergraduate students cover their tuition and living expenses. This article provides a comprehensive overview of the program, including eligibility criteria, application instructions, and scholarship value.

Host Institution(s)

The Federal Pell Grant is offered by New York University, a prestigious private research university located in the heart of New York City. With a diverse and vibrant student body, NYU is known for its academic excellence, innovation, and global impact.

Level/Field of Study

The Federal Pell Grant is available for undergraduate students pursuing their first time bachelor’s degree. The grant can be used to cover tuition, fees, and living expenses for a variety of fields of study at NYU, including business, liberal arts, engineering, and more.

Number of Awards

NYU awards over 5,000 Federal Pell Grants each year, providing eligible students with the necessary financial support to pursue their education without incurring excess debt. These grants are available on a first-come, first-served basis to eligible applicants.

Target Group

The Federal Pell Grant is targeted towards undergraduate students with exceptional financial need, including those from low-income families. Students must also meet other eligibility criteria outlined below to qualify for the grant.

Scholarship Value/Inclusions

The Federal Pell Grant is a need-based grant, which means the amount of money awarded is determined by each student’s financial need. The current maximum award for the 2021-2022 academic year is $6,495, but this may vary depending on a student’s expected family contribution (EFC), cost of attendance at NYU, and enrollment status. The grant is primarily used to cover tuition and fees, but any excess funds can be used for room and board costs.

Eligibility Criteria

To be eligible for the Federal Pell Grant,

• Students must be a US citizen or eligible non-citizen, have a high school diploma or equivalent.
• Be enrolled or accepted at NYU as a regular student seeking a bachelor’s degree.
• Additionally, students must demonstrate exceptional financial need, as determined by the Free Application for Federal Student Aid (FAFSA).

Also Check: Federal Pell Grant by Cornell University

Application Instructions

To be considered for the Federal Pell Grant, students must complete the FAFSA, which is available to fill out online starting October 1st each year. The FAFSA requires students to provide information about their family’s income and assets to determine their expected family contribution (EFC). NYU’s school code for the FAFSA is 002785. Students should also reach out to NYU’s financial aid office to inquire about any additional forms or requirements.

Official Website

To learn more about the Federal Pell Grant and other financial aid options available at NYU, students can visit the official financial aid website.