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Financing Your Education

Financial Aid and Billing Next Steps Date to Complete
1. Sign the Financial Responsibility Agreement

A Financial Responsibility Agreement is a disclosure agreement between you and Fordham University that states that you agree to pay all charges that result from your registration and services you receive from the university. You will be asked to acknowledge that you understand that you are responsible to pay for all charges associated with your attendance and where applicable, residence costs at the university. If you refuse to sign the form, your enrollment will be subject to cancellation since you are not agreeing to pay the charges which you incur as a result of the services you receive at Fordham.

You may read and sign the Financial Responsibility Agreement by logging onto my.fordham.edu.

As soon as possible
2. Estimate your bill and plan your finances for the upcoming year!

Calculate your estimated direct charges for the academic year:

Estimated Annual Tuition + Estimated Annual Fees = Estimated Annual Direct Charges

Click here to determine the cost of attendance for your program.

As soon as possible
3. Learn about payment and financing options

See Paying Your Bill for details about billing and payments.

We provide a variety of options, including loan programs and monthly payment plans.
As per Federal policies, students can receive assistance in the form of scholarships, grants, and loans up to their cost of attendance.

Cost of Attendance = the sum of your direct and indirect charges.

For International Students: This is a great time to gather all the financial documents for your AFCOE. This is also the time to start your loan application if you are interested.

For Domestic Students: This is a good time to complete the FAFSA. If you are interested in Federal Loans, now is the time to complete the Loan Request Form, the Master Promissory Note and the Entrance Counseling.

As soon as possible
4. Review and Pay your Bill

Your total tuition and fees will depend upon the number of credits for which you enroll. The Office of Student Accounts will generate and send bills based on the general timeline:

  • Fall term bills are sent in early July with a due date in the first week of August.
  • Spring term bills are sent in early December with a due date in January.
  • Summer term bills are sent at the end of April with a due date in May.

They will continue releasing new invoices leading up to the start of the semester on a rolling basis. Email notifications will be sent to your Fordham email address alerting you of the invoice. The payment due date will be approximately three (3) weeks from the date on the invoice.

Your bill should have your scholarships listed as a credit on the memo line. Scholarships and loan funds will disburse to the student account 3 days before the start of classes. Be sure to review the terms and conditions for scholarship renewal as well as the SAP policy.

It is your responsibility as the student to ensure that all tuition and other charges are satisfied in a timely fashion. For assistance, email the GSB Office of Admissions at admissionsgb@fordham.edu.

See due dates for your term
5. Refund

The Office of Student Accounts begins to send refunds 3-5 business days after the add/drop. If you notice a negative balance on your account more then 10 days after the end of the add/drop period please email studentaccts@fordham.edu to request your refund and cc: zohassan@fordham.edu

After add/drop period ends

See Scholarship Opportunities

Learn About Graduate Assistantships

Frequently Asked Questions

How and when can I apply for federal loans? (U.S. domestic students only)
If you are a U.S. citizen, you may be eligible to borrow Federal Direct Loans. The maximum Direct Unsubsidized loan eligibility is $20,500 for one academic year. In order to be eligible for a Federal Direct Loan you must meet the following criteria:

  • Be a U.S. Citizen or permanent resident
  • Be enrolled at least half-time in a degree granting program
  • Complete a FAFSA, Entrance Counseling and sign a Master Promissory Note
  • We suggest completing this step 1 month prior to orientation
  • Make satisfactory academic progress
  • Not have defaulted on a prior federal student loan
  • Not borrowed more than $138,000 in previous Federal Direct Loans

If you need to borrow more than your maximum eligibility in the Federal Direct Unsubsidized Loan, consider the Federal Direct Graduate Plus Loan:
Graduate Plus Loans are educational loans through the Department of Education for graduate students only. The Graduate Plus loan has the same requirements as the Federal Direct Loans and includes a credit check requirement. The Graduate Plus loan allows students to borrow up to their cost of attendance less any aid (loans or scholarships) received. International students are not eligible for Federal Direct Loans or Graduate Plus Loans.

How and when can I apply for private education loans?
Any student, U.S. or international, can apply for Private Education Loans from various financial institutions. They are not guaranteed by the federal government and interest generally begins to accrue from the date of disbursement. Private Education Loans usually require a credit worthy co-signer. International students are not allowed Federal Direct or Graduate Plus loans.
We suggest you use ELM Select as a research tool to help you compare lenders and make an informed decision. The lenders listed on ELM Select are lenders Fordham has worked with in the past and are offered for your convenience. You are not limited to these lenders and you may choose any lender you wish.
The two most commonly used lenders by international students at Gabelli are Prodigy Finance and MPower loans.
When will I get my refund?
Refunds are processed by Student Accounts after the end of the add/drop period. If you have a credit on your account the day after the add/drop period has ended, you should expect the refund to process within 3-5 business days.
What if I need money for books/supplies and cost of living?
Students are allowed to borrow up to their cost of attendance. For students with loans who borrow more than their direct charges, a refund will be processed at the end of the add/drop period.
What if I need to adjust my loan amount after submitting the loan application?
Send an email to financialaid@fordham.edu from your fordham.edu email address detailing the type of loan, the initial loan request amount, how you would like the loan amount adjusted and the semesters for which the loan will be adjusted.
How will I know my loan is approved?
To get updates on the status of your loan, please email the Office of Student Financial Services at financialaid@fordham.edu.

For those applying for Federal Direct Loans, the typical turnaround time of 7-10 business days. About 7 days after you submit your loan request form, you should check your E-bill Suite and see the loan amount memo-ed to your bill.

How do I waive health insurance?
In order to waive health insurance from the University, you will have to provide proof of sufficient coverage to aetnastudenthealth.com.
What is Gabelli’s Satisfactory Academic Progress (SAP) policy?
Each school of Fordham University has established minimum standards of satisfactory academic progress (SAP) that students must maintain as they pursue their degree or certificate. The University measures SAP annually at the end of the spring semester.
To be eligible for scholarship or federal aid, such as Federal Direct Subsidized and Unsubsidized Loans or Graduate PLUS Loans, each student must be making SAP according to the school’s standards. The SAP requirements are as follows for the Gabelli Graduate School of Business:

  • Minimum 3.000 GPA required
  • Must be registered for a minimum of six credits
  • Must successfully maintain an earned credit ratio of 67% of attempted credits
  • Complete the course of study for their degree within six years
  • Incompletes, withdrawals, and noncredit remedial courses will count against attempted but not earned hours
  • Transfer credits that count toward the student’s current program will count as both attempted and completed hours
  • No credit check for leave of absence students and maintenance of matriculation students
  • The Fordham University Gabelli Graduate School of Business does permit appeals when students lose FSA eligibility because they failed to make satisfactory progress. To appeal, students should schedule a meeting with the senior assistant dean of graduate advising (on-campus programs) or director of online learning (online programs).

For more information about grades, academic standing and SAP policy please see the University Bulletin.

How do I apply for a scholarship or a Graduate Assistantship?
For incoming students, there is no separate scholarship form to complete. At the time of admissions, your application is considered for scholarships. Continuing students can complete a scholarship application. Graduate Assistantships are on campus jobs that students can apply to at the beginning of each term.
Does Fordham offer a payment plan?
We offer students and families a monthly payment plan through Nelnet/Tuition Management Systems (TMS). The plan is administered on either an academic year basis with ten monthly payments, or on a semester basis with five monthly payments. The enrollment fee is between $75 – $110. You may enroll directly with TMS by calling 1-800-722-4867 or by visiting www.fordham.afford.com.
How can I pay my bill?
We offer various payment methods which will assist you in paying your tuition.These options include: Electronic Check, Debit Cards, Check and Money Orders, In Person, Wire Transfer Information (both domestic and international).
Please make checks and money orders in U.S. Dollars payable to: FORDHAM UNIVERSITY. Please include the student identification number on the check or money order.

The payment address for TUITION and SCHOLARSHIPS is:
Fordham University
441 E. Fordham Road
Bronx, NY 10458
Thebaud Hall
Attention: Enrollment Services
Cash payments are accepted in-person

Domestic Wire Transfer
Bank of America
100 West 33rd Street
New York, NY 10001
ABA NO. 0260-0959-3
CREDIT FORDHAM UNIVERSITY
ACCOUNT NO. 4830-0692-5201
Further Credit: (Please include Student Name, Student ID # and School/Program etc.)
For ACH transfers, in place of ABA number above use ABA number: 0210-0032-2

International Wire Transfer
Flywire
Fordham University has teamed up with Flywire to streamline international wires for tuition payments. It’s fast, simple and offers excellent exchange rates.
How it works: Flywire accepts payments from most countries — typically in your home currency. Flywire works to secure your wholesale foreign exchange rates, which are significantly lower than rates offered by traditional banks.Visit Flywire, enter your payment amount, and immediately see how much money you will save. Once you initiate payment on Flywire, you will receive detailed instructions on how to transfer funds to Fordham. In addition, you will be able to track your payment via Flywire’s dashboard and you will be notified via email (and/or text) when your payment is received by Fordham University.

All Other International Wires
Bank of America
100 West 33rd Street
New York, NY 10001
Swift Number: BOFAUS3N
CREDIT FORDHAM UNIVERSITY
ACCOUNT NO. 4830-0692-5201

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