NYU FA Loans

Platinumxx2
Sat, 04 Apr 2015 05:08:07 +0000

I was admitted to NYU for Cinema Studies. As a first-gen student, I am new to the whole FA process however. Thus, I have some questions about my FA award.

1. I got offered a 66K Parent Plus loan. How does this loan work? Does it have to be payed back within 12 months like a private bank loan would have to be? also is this loan renewable annually?

2. I got offered 3K Federal Work Study. I understand that this is part-time work. So if I complete the job, does the 3K come into effect? Also, is the job most likely paid?

If anybody could help, I’d appreciate it. Thank you