Make Your Education More Affordable with Federal Financial Aid

NYSD is now officially approved to participate in the U.S. Department of Education’s Title IV Federal Student Aid program.

Eligible students may qualify for federal financial assistance, including:

• Federal Pell Grants

• Federal Direct Loans

• Other eligible federal student aid programs

NYSD Federal School Code: 04303300

To apply, complete the Free Application for Federal Student Aid (FAFSA).

Step 1 :

Create Your StudentAid.gov Account

Visit StudentAid.gov and create your account (FSA ID). You will need this account to complete, sign and submit your FAFSA application.

Step 2 :

Prepare Your Information

Before starting your application, have the following information ready:

• Social Security Number (SSN), if applicable
• Personal identification and contact information
• Federal tax and income information
• Parent or spouse information, if required
• Other financial information requested in the application

Step 3 :

Complete the FAFSA Application

Visit FAFSA.gov and select Start New Form.

Log in using your StudentAid.gov account and follow the instructions to complete the application. Select the appropriate academic year for which you are seeking financial assistance.

Step 4 :

Add NYSD to Your FAFSA Application

When asked to select your college or career school, search for NYSD using our Federal School Code: 04303300

Make sure NYSD is included in your school selection so that we can receive your FAFSA information.

Step 5 :

Review and Submit Your Application

Carefully review your application to ensure all information is accurate. If a parent or spouse is required to contribute information, make sure they complete and sign their sections as well.

Electronically sign and submit your completed FAFSA application.

Step 6 :

Review Your FAFSA Submission Summary

After submitting your application, you can check its processing status through your StudentAid.gov account.

Review your FAFSA Submission Summary and follow up on any additional information or corrections requested.

Step 7 :

Receive Your Financial Aid Information

Once NYSD receives your FAFSA information, our financial aid team will review your eligibility and guide you through the next steps.

Eligible students will receive information about their available federal financial aid, applicable award amounts and any remaining requirements before aid can be applied toward their education costs.

Invest in Your Future with Edly

NYSD partners with Edly to provide eligible students with access to private education financing.

Depending on the loan product and individual approval, Edly offers income-based repayment options designed to make education financing more manageable.

How to Apply for Edly Financing

Funding your education at NYSD is a straightforward, online process. Edly’s unique income-based model means you can focus on your studies now and pay based on what you earn later.

Step 1 :

Check Your Initial Terms (30 Seconds)

Visit our Student Application Link to see if you meet the initial requirements (based on your program and expected graduation date).

• This step uses a “soft” credit pull, so checking your terms will not affect your credit score.

Step 2 :

Submit Your Application

If you pre-qualify, you’ll complete a brief 10-minute application.

• No Cosigner Options: Edly is one of the few lenders that offers “No Cosigner” loans for students in high-demand programs.
• Cosigner Options: You may be asked to upload a photo ID and your NYSD enrollment agreement.

Step 3 :

Review and Sign Your Offer

Once approved, you’ll receive a loan offer. Edly loans are designed to be “student-first”:

• The $30,000 Safety Net: You don’t make full payments until you are graduated and earning at least $30,000/year. If your income falls below this threshold, your payments are paused.
• Capped Payments: Your total repayment is capped, so you’ll never pay back more than a set maximum, no matter how high your future salary goes.

Step 4 :

School Certification

Once you sign your offer, our financial aid office will “certify” your enrollment. Edly then sends the funds directly to NYSD to cover your tuition. You’re all set to start class!

For students who prefer to pay their tuition directly to the school, NYSD offers an interest-free installment plan.

• 0% Interest: No interest charges on the approved installment plan.

• Flexible Payments: Pay an initial deposit before the program begins.

• Monthly Installments: Spread the remaining tuition balance across your program.

Monthly installment amounts and payment schedules are subject to the program and the school’s payment agreement.