Tuition and Cost to Attend New York University

CollegeCalc Highest List Price Rank - 92nd

Annual Total Cost

The annual total list price cost to go to New York University was $62,540 for the 2013/2014 academic year. The cost is the same for all students regardless of New York residence status as there is no in-state discount.

Undergraduate Tuition

Tuition for New York University is $42,472 for the 2013/2014 academic year. This is 74% more expensive than the national average private non-profit four year college tuition of $24,476. New York University is one of the 100 most expensive colleges in the America, coming in 92nd on our Expensive 100 Ranking. The cost is $22,980 and 118% more expensive than the average New York tuition of $19,492 for 4 year colleges. Tuition ranks 172nd in New York amongst 4 year colleges for affordability and is the 16th most expensive 4 year college in the state. Price does not vary by residence.

The school charges an additional fees of $2,376 in addition to tuition bringing the total effective in-state tuition to $44,848.

Housing Costs

On campus room and board is provided by the school at a cost of $16,622 per academic year. Students electing to live off campus elsewhere in New York should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,070.

Costs and Tuition for New York University
Expenditure Price
New York Resident Total Cost $62,540
   In-State Tuition$42,472
   Other Fees$2,376
   Room and Board$16,622
   Books and Supplies$1,070
Non-Resident Total Cost $62,540
   Out-of-State Tuition$42,472
   Other Fees$2,376
   Room and Board$16,622
   Books and Supplies$1,070

All price data are reprinted from the U.S. Department of Education's 2013-2014 and 2012-2013 IPEDS Survey and represent reported costs for the 2013-2014 and 2012-2013 academic years.

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What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $62,540 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported New York University net price for in-state students receiving aid was $36,834* for the 2010/2011 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

58% of New York University students received grant aid in 2010/2011. The average total aid amount was $17,464. 21 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2010/2011 was $4,303. To apply for a Pell Grant to attend New York University, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for New York University
Financial Aid Summary
Average Annual Net Price$36,834*
Percent of Students Receiving Grant Aid58%
Average Total Grant Aid$17,464
Percent of Students Receiving Pell Grants21%
Average Amount of Pell Grant Aid$4,303

Average Net Price by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last reported for the 2011-2012 academic year.

Family Income Avg. Net Price
$0 to $30,000$27,274
$30,001 to $48,000$30,069
$48,001 to $75,000$37,486
$75,001 to $110,000$41,969
$110,000+$47,891

Average Financial Aid Mix - $62,540 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $62,540. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

28%
12%
60%

Grants and Scholarships

 28% - $17,464

Money granted to you by the U.S. Department of Education, New York University or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 12% - $7,422

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

 60% -  $37,654

Covered by family savings, work or private student loans which you will have to repay.

*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.


Is it Worth the Cost?

To make a comparative assessment if New York University is worth the price, measures of it's relative value for tuition dollar can be examined. We've calculated an academic national percentile rating of 93/100 for New York University. Considering an average net price paid of $36,834, this leads to an overall value ranking of 60/100. This places the school 213rd on our national Best Value Colleges ranking as a provider of a very high value education compared to actual overall price paid.

Tuition Comparison to Similar Private Colleges in the Region

School Cost vs. New York University
Cooper Union for the Advancement of Science and Art6.8% less expensive
Stevens Institute of Technology1.1% more expensive
Barnard College1.5% more expensive
Jewish Theological Seminary of America59.4% less expensive
Fordham University0.9% more expensive

Cost of a Degree

When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at New York University.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at New York University is $250,160 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $36,834 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $147,336**

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $312,700 or $184,170 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at New York University.

New York Resident Tuition Per Semester$21,236
New York Resident Total Cost Per Semester$31,270

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at New York University are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at New York University
Price per credit hour$1,159
Cost for one class (3 credit hours)$3,477
Cost for one class (4 credit hours)$4,636



Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 44% of New York University students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $7,422. The reported average student debt upon graduation is $30,688.

Example Loan Payments and Costs

How much are student loan payments for New York University? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $147,336, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $184,602.71. This could be your effective total out of pocket cost of an education at New York University. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 58% of students at this school who receive financial aid and you are paying an average annual net price of $36,834. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our New York University student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

New York University Student Loan Payments
Example Payments
Monthly Loan Payment$1,538.36
Amount Borrowed$147,336.00
Interest Rate4.7%
Term10 years
Number of Monthly Payments120
Total Interest Cost$37,266.71
Sum of All Payments over 10 years$184,602.71

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend New York University? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending New York University, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $184,602.71 would be needed to afford a $1,538.36 monthly payment in the example $147,336.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to New York University in the future? In the past five years, this school's published in-state tuition and fee total rose from $33,420 to $41,606. This amounts to an average annual price increase of 4.9%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current 4 year cost of $250,160.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for New York University.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2019$86,007$344,028
Estimated Cost in 10 years for students enrolling in 2024$109,769$439,077
Estimated Cost in 15 years for students enrolling in 2029 $140,096$560,386
Estimated Cost in 18 years for students enrolling in 2032 $162,179$648,717

Tuition History

What was tuition at New York University five, ten, fifteen or twenty years ago? Hop into our time machine and take a look. Pay attention to how aggressive the school has been with price increases the past as it provides indication as to how the school may raise tuition in the next few years if you enrolled. Historical tuition and fees for all available data years back to 1988 follows.

YearTuitionAnnual Increase
2010$38,7653.7%
2009$37,3725.9%
2008$35,2905.6%
2007$33,4205.5%
2006$31,6905.3%
2005$30,0945.6%
2004$28,4966.9%
2003$26,6465%
2002$25,3804.3%
2001$24,3363.8%
2000$23,4563.9%
1999$22,5863.9%
1998$21,7304.7%
1997$20,7565.1%
1996$19,7485.4%
1995$18,7396.2%
1994$17,6405.9%
1993$16,6506.6%
1992$15,6207.7%
1991$14,5028.7%
1990$13,3368.9%
1989$12,25010.1%
1988$11,13027.7%
1987$8,714

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at New York University to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Finance, General Bachelor's Degree 319 88% costlier
Registered Nursing/Registered Nurse Bachelor's Degree 221 95% costlier
Liberal Arts and Sciences, General Studies and Humanities, Other Associate's Degree 210 195% costlier
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing, Other Bachelor's Degree 143 74% costlier
Journalism Bachelor's Degree 135 82% costlier
Accounting Bachelor's Degree 89 89% costlier
Social Sciences, General Bachelor's Degree 80 84% costlier
Economics, General Bachelor's Degree 64 59% costlier
Dental Hygiene/Hygienist Associate's Degree 60 246% costlier
Sales, Distribution, and Marketing Operations, General Bachelor's Degree 55 66% costlier
Political Science and Government, General Bachelor's Degree 44 70% costlier
Business, Management, Marketing, and Related Support Services, Other Bachelor's Degree 38 81% costlier
Hotel/Motel Administration/Management Bachelor's Degree 35 79% costlier
History, General Bachelor's Degree 32 73% costlier
Drama and Dramatics/Theatre Arts, General Bachelor's Degree 30 67% costlier
Cinematography and Film/Video Production Bachelor's Degree 22 73% costlier
English Literature (British and Commonwealth) Bachelor's Degree 21 50% costlier
Business/Managerial Economics Bachelor's Degree 21 76% costlier
Psychology, General Bachelor's Degree 18 76% costlier
Communication and Media Studies, Other Bachelor's Degree 18 57% costlier
Cardiovascular Technology/Technologist Associate's Degree 16 209% costlier
Communication, Journalism, and Related Programs, Other Bachelor's Degree 15 72% costlier
Labor and Industrial Relations Bachelor's Degree 15 66% costlier
English Language and Literature, General Bachelor's Degree 15 76% costlier
Operations Research Bachelor's Degree 15 50% costlier
Music Teacher Education Bachelor's Degree 13 86% costlier
Sociology Bachelor's Degree 11 72% costlier
Mathematics and Statistics, Other Bachelor's Degree 11 54% costlier
Fine/Studio Arts, General Bachelor's Degree 10 63% costlier
Radio and Television Broadcasting Technology/Technician Bachelor's Degree 10 81% costlier
Liberal Arts and Sciences/Liberal Studies Associate's Degree 10 209% costlier
International Relations and Affairs Bachelor's Degree 9 51% costlier
Philosophy Bachelor's Degree 9 57% costlier
Ecology Bachelor's Degree 9 64% costlier
Real Estate Bachelor's Degree 9 70% costlier
Mathematics, General Bachelor's Degree 9 72% costlier
Computer and Information Sciences, General Bachelor's Degree 8 92% costlier
Social Work Bachelor's Degree 8 95% costlier
Parks, Recreation and Leisure Facilities Management, General Bachelor's Degree 7 108% costlier
Public Administration and Social Service Professions, Other Bachelor's Degree 7 68% costlier
Mathematics Teacher Education Bachelor's Degree 6 98% costlier
Anthropology Bachelor's Degree 6 57% costlier
Biochemistry Bachelor's Degree 6 52% costlier
Neuroscience Bachelor's Degree 6 25% costlier
French Language and Literature Bachelor's Degree 6 54% costlier
Elementary Education and Teaching Bachelor's Degree 6 98% costlier
Biology/Biological Sciences, General Bachelor's Degree 6 75% costlier
Photography Bachelor's Degree 6 57% costlier
Near and Middle Eastern Studies Bachelor's Degree 6 20% costlier
East Asian Studies Bachelor's Degree 5 25% costlier
Business/Commerce, General Associate's Degree 5 209% costlier
Speech Communication and Rhetoric Bachelor's Degree 5 78% costlier
Italian Language and Literature Bachelor's Degree 5 37% costlier
Dance, General Bachelor's Degree 5 56% costlier
Humanities/Humanistic Studies Bachelor's Degree 4 65% costlier
Spanish Language and Literature Bachelor's Degree 4 64% costlier
Foreign Languages and Literatures, General Bachelor's Degree 4 77% costlier
Music Performance, General Bachelor's Degree 4 77% costlier
Classics and Classical Languages, Literatures, and Linguistics Bachelor's Degree 3 35% costlier
Archeology Bachelor's Degree 3 33% costlier
African-American/Black Studies Bachelor's Degree 3 49% costlier
Community Organization and Advocacy Bachelor's Degree 3 78% costlier
Social Sciences, Other Bachelor's Degree 3 51% costlier
Chemistry, General Bachelor's Degree 3 70% costlier
Early Childhood Education and Teaching Bachelor's Degree 3 101% costlier
Religion/Religious Studies Bachelor's Degree 2 49% costlier
Science Teacher Education/General Science Teacher Education Bachelor's Degree 2 105% costlier
Physics, General Bachelor's Degree 2 61% costlier
Comparative Literature Bachelor's Degree 2 29% costlier
Computer and Information Sciences and Support Services, Other Bachelor's Degree 2 83% costlier
Ethnic, Cultural Minority, Gender, and Group Studies, Other Bachelor's Degree 2 45% costlier
Urban Studies/Affairs Bachelor's Degree 2 50% costlier
Audiology/Audiologist and Speech-Language Pathology/Pathologist Bachelor's Degree 1 81% costlier
Linguistics Bachelor's Degree 1 44% costlier
Latin American Studies Bachelor's Degree 1 35% costlier
Foods, Nutrition, and Wellness Studies, General Bachelor's Degree 1 90% costlier
Russian Language and Literature Bachelor's Degree 1 36% costlier
Chemistry Teacher Education Bachelor's Degree 1 97% costlier
Music, General Bachelor's Degree 1 71% costlier
Teacher Education and Professional Development, Specific Subject Areas, Other Bachelor's Degree 1 89% costlier
Foreign Language Teacher Education Bachelor's Degree 1 82% costlier
Visual and Performing Arts, Other Bachelor's Degree 1 46% costlier
European Studies/Civilization Bachelor's Degree 1 30% costlier
Foreign Languages, Literatures, and Linguistics, Other Bachelor's Degree 1 55% costlier
Social Studies Teacher Education Bachelor's Degree 1 89% costlier
German Language and Literature Bachelor's Degree 1 51% costlier
Fine Arts and Art Studies, Other Bachelor's Degree 1 56% costlier
Health Professions and Related Clinical Sciences, Other Associate's Degree 1 212% costlier
Spanish Language Teacher Education Bachelor's Degree 1 95% costlier
Public Administration Bachelor's Degree 1 104% costlier

Calculators

Use the calculators below to formulate a college savings plan for New York University or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford New York University in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a New York University student loan.

Prepayment Option

About New York University

New York University is a four year private college located in New York, New York.  Full time enrollment is 34,495 and part time is 9,733.  For the 2011/2012 school year, the school received 42,807 applicants. 14,998 were admitted and 5,141 enrolled.

Students attending this school may pursue both undergraduate and graduate degrees.

Address
New York University
70 Washington Sq South
New York, New York
10012-1091

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New York University is a private not for profit institution.

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