The following information is provided to students to give them a general overview of the Student Financial Assistance available at The New York Conservatory for Dramatic Arts.

Students interested in any financial assistance at NYCDA should complete the FAFSA by March 1st each year (for priority consideration), and provide NYCDA with all requested supplemental documentation within two weeks upon request. Eligibility for financial assistance varies based on the type of aid provided.

NYCDA participates in the U.S. Department of Education's Title IV Federal Student Assistance Programs and Grant Programs. In addition, NYCDA provides Institutional grants and scholarships to students who qualify.  Programs include:

• Pell Grants: Need Based Entitlement
• Supplemental Educational Opportunity Grant: Need Based
• Federal Work-Study: Need Based
• Federal Direct Student Loan: Need Based and Non-Need Based
• Institutional Scholarships and Grants: Need Based and Non-Need Based

NYCDA distributes financial assistance to students based on a combination of factors, which include: student’s financial need, availability of funds, timing of the application, compliance with satisfactory academic progress standards, and other factors on an individual basis. See the Campus Financial Aid Office for additional requirements.

Students have the right to appeal NYCDA’s decision to withhold federal funds. The student may secure an appeal form from the Financial Aid Office, complete the form, provide supporting documentation, and return to the Financial Aid Office for review by the Financial Aid Director. See the Financial Aid Office for additional details.

Consumer Information from the U.S. Department of Education

Many of the specific requirements to gain and retain Federal Aid are found in the publications provided by the U.S. Department of Education, and on their websites at:

www.students.gov
www.ed.gov
Additionally, the Conservatory makes many of these booklets, brochures, pamphlets, applications and other consumer information available at NYCDA’s Financial Aid Office.

Cost of Attendance

The Cost of Attendance for the first year of NYCDA’s Professional Training Programs is as follows:

Disbursement of Financial Aid

Financial Aid will be disbursed to students at the beginning of the term. Thereafter, NYCDA will disburse on a weekly basis, except during periods of non-enrollment and recess periods. Contact the Financial Aid Office for additional details.

Student Right-to-Know Disclosures

In accordance with the Student-Right-to-Know Act, the Conservatory provides the following information for its students:

• Students’ completion and graduation rates: NYCDA’s website.
• Security and Crime Report (annual), available at the Student Services Office and posted on    NYCDA's website.
• Drug and alcohol prevention information pursuant to Public Law 101-226 is given to students    annually and posted on NYCDA’s website.
• Students’ rights under FERPA: given to students annually and posted on NYCDA’s website.
• Refund policy: Financial Aid Office.
• Requirements and procedures to officially withdraw from NYCDA: Office of the Registrar, also    available in the Student Handbook and posted on NYCDA’s website.

For more details regarding NYCDA’s mission, academic programs, and services, please visit the website. The Office of the Registrar can also assist you in obtaining the requested information.

Financial Aid Application Instructions
http://www.sft.edu/extra/sfa1.html

Institutional Code of Conduct for Education Loans
View PDF

Return of Title IV Funds

http://www.sft.edu/extra/sfa9.html

Satisfactory Academic Progress

http://www.sft.edu/extra/sfa8.html

Student Loan Counseling Requirement

http://www.sft.edu/extra/sfa7.html

Type of Aid Available & Term and Conditions of Loans Available

http://www.sft.edu/extra/sfa4.html