Financial Aid

NYU Merit Scholarships and Financial Aid

NYU gave merit aid averaging $38,420 to 126 first-year students who had no financial need, about 3% of the freshmen without need.

Merit aid

Scholarships NYU gave to first-year students who had no financial need.

Average merit award

$38,420

Freshmen who got one

126

of 5,645 in the class

Share of those without need

3%

who received merit aid

Need-based aid

For first-year students the college found to have financial need.

Average need-based grant

$60,191

Average percent of need met

99.8%

Freshmen with need

27%

1,501 students

The average total aid package, which can include loans and work-study, was $72,963.

How to read these numbers

  • Merit aid is awarded for grades, scores, or talent. Need-based aid is awarded for family finances. A student can receive both.
  • The merit figures count only students with no financial need, so they show what a family that will not qualify for need-based aid can expect.
  • A grant does not have to be repaid. A package can include loans, which do.

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Frequently asked questions

Does NYU give merit scholarships?

NYU gave merit aid averaging $38,420 to 126 first-year students who had no financial need, about 3% of the freshmen without need.

How much is the average merit scholarship at NYU?

$38,420 for first-year students without financial need, according to NYU's 2025-26 Common Data Set. That is an average across everyone who got an award, so individual offers run higher and lower.

Does NYU meet full financial need?

NYU reports meeting 99.8% of need on average for first-year students who were awarded need-based aid. A figure under 100% means the average student was left with a gap to cover.

What share of NYU freshmen have financial need?

1,501 of 5,645 first-time, full-time freshmen, or 27%, were found to have financial need.

Source: NYU’s own Common Data Set 2025-26, Section H, for first-time, full-time freshmen. Last checked 2026-10-08. These are averages for one entering class, and some colleges report the prior year’s class in this section. Your own offer depends on your family’s finances and your application.