MRU - Educational Investment Program
MyRichUncle (MRU) is not a lender or bank, but a network of investors interested in financing the next generation of graduate students. MRU provides students with Education Investments--loans for graduate school.

As MRU puts it: "Education is the greatest investment one can make toward his or her future. It is the key to opportunity. MyRichUncle is here to make sure everyone can afford it."

Applicants to MRU must (1) be over the age of 18; (2) provide evidence of acceptance at and full-time enrollment in an accredited, degree-granting graduate school; (3) be able to provide evidence of U.S. citizenship, permanent residence or student visa status; and (4) successfully complete the application and screening process. MRU does not guarantee that every student will receive financing. More information about this unique program is available directly from MRU at:

Woolworth Center
223 Broadway, 22nd Floor
New York, NY 10279
(212) 618-1655 (Phone)
(212) 202-3746 (Fax)

Or from their web page at: www.myrichuncle.com. Customer service inquiries should be emailed to:info@myrichuncle.com

Please note that more detailed information and application forms are available only from MRU.

New York State Graduate Tuition Assistant Program (TAP) For Full-time Students Only
New York State's Tuition Assistance Program is available to eligible full-time graduate students. To be eligible you must (1) be enrolled for at least 9 credits each semester, (2) be a matriculated student, and (3) meet income requirements established by New. The award amount depends upon the tuition charge and net taxable income. Students may receive TAP for up to eight semesters of graduate study.

To apply, request a TAP Student Payment Application from the financial aid office or the administrative office at all other locations.

Tuition Reduction Programs
High School and Two-Year Community College Teachers
A reduced tuition program is offered for full-time high school and two-year community college teachers to encourage their pursuit of graduate studies at Polytechnic. The program provides a one-half tuition reduction for graduate courses taken at any Polytechnic Institute of NYU campus. Both matriculated and non-matriculated students are eligible.

Prospective students must submit to the Office of Admissions written verification of employment as a full-time high school or college teacher, signed by the department head and an officer of the applicant's institution. Those holding substitute, part-time, adjunct or temporary appointments are not eligible.

Only those holding full-time, permanent teaching appointments in a public or private secondary school or accredited two-year community college located in the New York metropolitan area are eligible to participate in this program. For more information, consult our financial aid staff. New York City Transit Authority Staff Employees of the New York Transit Authority (NYTA) may be eligible to participate in Polytechnic Institute of NYU's tuition reduction program. Under this program, tuition is assessed in accordance with the NYTA's tuition reimbursement maximums. For more information, consult our financial aid staff.

Loan Programs
Federal Stafford Loans
Eligible graduate students may apply for Federal Stafford Loans. Loan eligibility levels are $18,500 annually, including a maximum of $8,500 in the Subsidized Stafford Programs and the remainder in the Unsubsidized Program.

To be eligible you must: (1) be U.S citizens or eligible non-citizens, (2) enroll for at least 6 credits per semester as a matriculated graduate student, (3) make satisfactory academic progress, and (4) demonstrate financial need.

All applicants must complete a Free Application for Federal Student Aid (FAFSA) to determine need. All interest and principle payments are deferred as long as the student is enrolled for at least 6 credits per semester. Repayment begins six months after graduating or withdrawal from school. Immediate repayment is required if the borrower is enrolled less than half-time.

For more information, contact the financial aid office at (718) 260-3300 (Brooklyn) or ask at the administrative office at Polytechnic's other locations. Alternative Loan Programs In addition to the Stafford loan program, the University also participates in various alternate loan programs for those who need additional support. Currently, the University has developed partnerships with Chase, Citibank, and Fleet to offer a wide range of alternate loan programs to fit every student's need. For additional information, contact the financial aid office at (718) 260-3300.