Office of the Bursar: Current Students
- Tuition and Fees
- Acceptable Payment Methods
- Installment Payment Plan
- Important Dates and Deadlines
- Prepayment & Registration Rules and Procedures
- Add/Drop Period and Refund Policy
- Withdrawal/Dismissal Period and Refund Policy
- Overdue Payments & Penalties
- Getting a Refund
- T2202 – Tuition and Enrollment Certificate
Tuition and Fees (in USD)
- Summer 2024
- Fall 2024
- Spring 2025
- Summer 2025
- Other Fees
| MBA | |
|---|---|
| General MBA: 30 credits – 8 Required Courses (24) + 2 Electives (6) + Graduate Communications (0) | $37,627.50 USD |
| General MBA + Concentration: 36 credits – 8 Required Courses (24) + Graduate Communications (0) + 4 Concentration (12) | $44,887.50 USD |
| General MBA + (Waivable) Prerequisites: 39 credits – 8 Required Courses (24) + Waivable Prerequisites (9) + 2 Electives (6) + Graduate Communications (0) | $48,517.50 USD |
| General MBA + (Waivable) Prerequisites + Concentration: 45 credits – 8 Required Courses (24) + Waivable Prerequisites (9) + Graduate Communications (0) + 4 Concentration (12) | $55,777.50 USD | Cybersecurity |
| Total Tuition – 8 Required Courses (24) + 1 Elective (3) + 1 Project (3) + Graduate Communications (0) | $37,627.50 USD | Energy Management |
| Total Tuition – 7 Required Courses (21) + 3 Electives (9) + Graduate Communications (0) | $37,627.50 USD |
| * The above table does not include other college fees or the tuition fee for bridge courses that may be required. Such courses, if required, will be taken from one of New York Tech's partner institutions in Vancouver, and tuition fees for those courses will be paid to that partner institution. **The above total cost is estimated and new york tech reserves the right to adjust the fees at any time without prior notice. ***Prerequisite course for Cybersecurity and Energy Management program is not included in the total cost. Each prerequisite course is 3-credit at USD$1,210/credit. |
|
| MBA | |
|---|---|
| General MBA: 30 credits – 8 Required Courses (24) + 2 Electives (6) + Graduate Communications (0) | $38,120 USD |
| General MBA + Concentration: 36 credits – 8 Required Courses (24) + Graduate Communications (0) + 4 Concentration (12) | $45,380 USD |
| General MBA + (Waivable) Prerequisites: 39 credits – 8 Required Courses (24) + Waivable Prerequisites (9) + 2 Electives (6) + Graduate Communications (0) | $49,010 USD |
| General MBA + (Waivable) Prerequisites + Concentration: 45 credits – 8 Required Courses (24) + Waivable Prerequisites (9) + Graduate Communications (0) + 4 Concentration (12) | $56,270 USD | Cybersecurity |
| Total Tuition – 8 Required Courses (24) + 1 Elective (3) + 1 Project (3) + Graduate Communications (0) | $38,120 USD | Energy Management |
| Total Tuition – 7 Required Courses (21) + 3 Electives (9) + Graduate Communications (0) | $38,120 USD |
| * The above table does not include other college fees or the tuition fee for bridge courses that may be required. Such courses, if required, will be taken from one of New York Tech's partner institutions in Vancouver, and tuition fees for those courses will be paid to that partner institution. **The above total cost is estimated and new york tech reserves the right to adjust the fees at any time without prior notice. ***Prerequisite course for Cybersecurity and Energy Management program is not included in the total cost. Each prerequisite course is 3-credit at USD$1,210/credit. |
|
| MBA | |
|---|---|
| General MBA: 30 credits – 8 Required Courses (24) + 2 Electives (6) + Graduate Communications (0) | $38,120 USD |
| General MBA + Concentration: 36 credits – 8 Required Courses (24) + Graduate Communications (0) + 4 Concentration (12) | $45,380 USD |
| General MBA + (Waivable) Prerequisites: 39 credits – 8 Required Courses (24) + Waivable Prerequisites (9) + 2 Electives (6) + Graduate Communications (0) | $49,010 USD |
| General MBA + (Waivable) Prerequisites + Concentration: 45 credits – 8 Required Courses (24) + Waivable Prerequisites (9) + Graduate Communications (0) + 4 Concentration (12) | $56,270 USD | Cybersecurity |
| Total Tuition – 8 Required Courses (24) + 1 Elective (3) + 1 Project (3) + Graduate Communications (0) | $38,120 USD | Energy Management |
| Total Tuition – 7 Required Courses (21) + 3 Electives (9) + Graduate Communications (0) | $38,120 USD |
| * The above table does not include other college fees or the tuition fee for bridge courses that may be required. Such courses, if required, will be taken from one of New York Tech's partner institutions in Vancouver, and tuition fees for those courses will be paid to that partner institution. **The above total cost is estimated and new york tech reserves the right to adjust the fees at any time without prior notice. ***Prerequisite course for Cybersecurity and Energy Management program is not included in the total cost. Each prerequisite course is 3-credit at USD$1,210/credit. |
|
| MBA | |
|---|---|
| General MBA: 30 credits – 8 Required Courses (24) + 2 Electives (6) + Graduate Communications (0) | $38,120 USD |
| General MBA + Concentration: 36 credits – 8 Required Courses (24) + Graduate Communications (0) + 4 Concentration (12) | $45,380 USD |
| General MBA + (Waivable) Prerequisites: 39 credits – 8 Required Courses (24) + Waivable Prerequisites (9) + 2 Electives (6) + Graduate Communications (0) | $49,010 USD |
| General MBA + (Waivable) Prerequisites + Concentration: 45 credits – 8 Required Courses (24) + Waivable Prerequisites (9) + Graduate Communications (0) + 4 Concentration (12) | $56,270 USD | Cybersecurity |
| Total Tuition – 8 Required Courses (24) + 1 Elective (3) + 1 Project (3) + Graduate Communications (0) | $38,120 USD | Energy Management |
| Total Tuition – 7 Required Courses (21) + 3 Electives (9) + Graduate Communications (0) | $38,120 USD |
| * The above table does not include other college fees or the tuition fee for bridge courses that may be required. Such courses, if required, will be taken from one of New York Tech's partner institutions in Vancouver, and tuition fees for those courses will be paid to that partner institution. **The above total cost is estimated and new york tech reserves the right to adjust the fees at any time without prior notice. ***Prerequisite course for Cybersecurity and Energy Management program is not included in the total cost. Each prerequisite course is 3-credit at USD$1,210/credit. |
|
| Application Fee (non-refundable) | $50 USD |
| Tuition per Credit (Fall 2023 / Spring 2024 / Summer 2024) | $1,145 USD |
| Tuition per Credit (Fall 2024 / Spring 2025 / Summer 2025) | $1,210 USD |
| NYIT 610 Graduate Communications (Fall 2023/Spring 2024/Summer 2024) | $1,717.50 USD |
| NYIT 610 Graduate Communications (Fall 2024/Spring 2025/Summer 2025) | $1,820 USD |
| College Fee (full-time students) (Fall 2023 / Spring 2024 / Summer 2024) | $275 USD |
| College Fee (full-time students) (Fall 2024 / Spring 2025 / Summer 2025) | $300 USD |
| College Fee (part-time students) (Fall 2023 / Spring 2024 / Summer 2024) | $200 USD |
| College Fee (part-time students) (Fall 2024 / Spring 2025 / Summer 2025) | $220 USD |
| Guard Me Health Insurance (mandatory for 1st semester) | $153.85 USD |
| Mandatory Tuition Deposit for Fall 2023 / Spring 2024 / Summer 2024 intake (6 credits + Graduate Communications + College Fee + GuardMe Insurance) | $9,016.35 USD |
| Mandatory Tuition Deposit for Fall 2024 / Spring 2025 / Summer 2025 intake (6 credits + Graduate Communications + College Fee + GuardMe Insurance) | $9,533.85 USD |
| Maintaining Matriculation (per semester) | $100 USD |
| Service Charge (for credit card or ACH returns) | $150 USD |
| Late Payment Fee (nonrefundable fee applies to any account not paid in full after the first day of each semester) | $400 USD |
| Late Registration Fee (nonrefundable fee applies to continuing students who register after the first day of each semester) | $400 USD |
| Transcript | $15 USD |
| Visa Denial Processing Fee | $200 USD |
| Withdrawal from school 3-credit tuition fee deduction (Fall 2023 / Spring 2024 / Summer 2024) | $3,435 USD |
| Withdrawal from school 3-credit tuition fee deduction (Fall 2024 / Spring 2025 / Summer 2025) | $3,630 USD |
| *THE TUITION AND FEES MAY CHANGE DURING STUDY PERIOD WITHOUT PRIOR NOTICE. |
Acceptable Payment Methods
Flywire
- Payment must be entered in USD currency, and Flywire converts to your home currency
- Offers the best exchange rate with Flywire's Best Price Guarantee (for Bank Wire Transfer ONLY)
- Access dedicated multilingual customer support
- Takes about 5 to 10 business days for the payment to be posted to a New York Tech student's account
Paying in CAD:
- Choose Canada as the country where the funds are coming from
- Your choice of payment methods by Bank Wire Transfer, Debit/Credit Card, Online Bill Pay, PayPal
Paying in USD:
- Choose the country where the funds are coming from
- On the second page, scroll down and click on "I want to pay in another currency"
- Choose "International Bank Transfer in US Dollars (USD)"
TransferMate (formerly Pay to Study)
- Your choice of paying by Bank Wire Transfer or Credit Card
- Payment must be entered in USD currency and TransferMate converts to your home currency
- Takes about 10 to 15 business days for the payment to be posted to a New York Tech student's account
- Make a payment directly through TransferMate
Paying in CAD:
- Choose Canada as the country where the funds are coming from
Paying in USD:
- Choose United States as the country where the funds are coming from
- Payment must be completed from a payer located in the U.S.
- Payer must have Social Security Number (SSN)
Credit or Debit Card via Transact Payments (formerly CASHNet)
- Choose "New credit or debit card"
- Enter the required card information
- Convenience Fee: 4.25% for international credit cards (including Canada) OR 2.85% for U.S. credit cards (see details)
- If you are not the bank account holder, you must send a payer invitation:
- Go to My Account.
- On the section "Payers", click on "Send a Payer Invitation"
- Provide the required information
- Click on "Send Invitation"
- The payer will receive an email to create a password and access to Transact Payments to pay for you
Electronic Check (Only checks from regular checking accounts at U.S. domestic banks)
- Choose "New Bank Account"
- Provide required banking information
- Read the Terms and Conditions
- Please note this payment method is only applicable to bank accounts in the U.S.A. If you use this payment method to pay out of your Canadian bank accounts, New York Tech will not receive the payment and a Service Charge of USD$150 will be applied to your account
Installment Payment Plan (only available for current students)
New York Tech current students can enroll in a monthly payment plan administered by Transact Payments (formerly CASHNet).
How to Enroll
New York Tech students can enroll in a monthly payment plan administered by Transact Payments (formerly CASHNet).
- Log in to the Student Service HUB
- Go to My Student Account
- Select My Account
- Go to Payment Plans and follow the links and instructions provided for Transact Payments (formerly CASHNet), Tuition Payment Plan
If you need assistance with navigating the Transact Payments Full-Service Payment Plan website or enrolling into a payment plan, please contact the Transact Payments Customer Care Center, Monday through Friday, 8 a.m. – 8 p.m. EST at 888.381.8054. (First choose option "1" then choose option "2" for students and parents).
Important Information About the Payment Plan
- The Payment Plan is available to students with good payment records at New York Tech.
- The earlier you enroll in the plan, the lower your monthly installment payment will be.
- Enrollment Fee USD$45 is not refundable if you withdraw from the plan.
- You must set up a Payment Plan before the online registration portal is open.
- You must pay your first installment plus Enrollment Fee $45 for the plan to be activated.
- After the first installment is posted to your account, please contact Lillian (lliao@nyit.edu) to have the Vancouver Bursar Hold removed for online registration.
- Any changes to the payment plan contract must be made through the Vancouver Bursar Office.
- Failure to accept and adhere to the plan terms and agreements could result in a non-refundable late payment fee or the possible cancellation of your classes if applicable.
- If you are delinquent on a payment, you may be prevented from future enrollment in payment plans, and will be charged late fees by Transact Payments in addition to the New York Tech late fee of $400.
- Note: There is an administrative fee retained by New York Tech charged in addition to the enrollment fee charged by Transact Payments.
Installment Payment Methods
- Flywire:
- Payment must be initiated from Payment Plan inside your New York Tech Student Financial Account
- Never go directly to Flywire website to pay for your installment
- Set up the payment plan and pay the 1st installment 10 business days prior to registration portal is open
- Flywire payment takes about 5 to 10 business days to be received by New York Tech and posted to your student account
- Credit Card (through Transact Payments):
- Convenience Fee: 4.25% for international credit cards (including Canada) OR 2.85% for U.S. credit cards (see details)
- Set up the payment plan and pay the 1st installment 10 business days prior to registration portal is open
Late Fees
- USD$10 per late installment payment charged by Transact Payments (formerly Cashnet).
- Final installment must be paid BEFORE the due date (15th of the month). New York Tech will charge a Late Payment of $400 if students do not complete payment plan installment payments.
Payment Plan Offerings
- Summer 2024
- Fall 2024
- Spring 2025
| Number of Payments | Enrollment Date |
|---|---|
| Payment Plan enrollment opens | 3/15/2024 |
| 3 payments due on or before the 15th (April, May, June) | Before 4/14/2024 |
| 2 payments (May, June) | 4/15/24 – 5/14/24 |
| Last day of enrollment | 5/14/2024 |
| *Vancouver students must set up the payment plan and register courses BEFORE MAY 21 to avoid a Late Registration Fee $400 |
| Number of Payments | Enrollment Date |
|---|---|
| Payment Plan enrollment opens | 3/15/2024 |
| 5 payments due on or before the 15th (June, July, August, September, October) | Before 6/14/2024 |
| 4 payments (July, August, September, October) | 6/15/24 – 7/14/24 |
| 3 payments (August, September, October) | 7/15/24– 8/14/24 |
| 2 payments (September, October) | 8/15/24 - 9/14/24 |
| Last day of enrollment | 9/14/2024 |
| *Vancouver students must set up the payment plan and register courses BEFORE September 3rd to avoid a Late Registration Fee $400 |
| Number of Payments | Enrollment Date |
|---|---|
| Payment Plan enrollment opens | 9/15/2024 |
| 5 payments due on or before the 15th (November, December, January, February, March) | Before 11/14/2024 |
| 4 payments (December, January, February, March) | 11/15/24 – 12/14/24 |
| 3 payments (January, February, March) | 12/15/24 – 1/14/25 |
| 2 payments (February, March) | 1/15/25 - 2/14/25 |
| Last day of enrollment | 2/14/2025 |
| *Vancouver students must set up the payment plan and register courses BEFORE JANUARY 23 to avoid a Late Registration Fee $400 |
Important Dates and Deadlines
- Fall 2023
- Spring 2024
- Summer 2024
| June 20 – July 9 | Prepayment period for Fall 2023 registration |
| July 3 | Vancouver Bursar Hold placed to Vancouver student account |
| July 10 | Fall 2023 registration opens |
| September 5 | Fall 2023 term starts |
| September 5 – September 18 | Add/Drop period (without penalty) |
| September 5 | Late Registration applies to returning students registered after this date |
| September 5 | Late Payment applies to accounts with unpaid balance after this date |
| September 18 | No Refund for dropping courses starting this date |
| December 1, 2023 – January 1, 2024 | Prepayment period for Spring 2024 registration |
| December 18, 2023 | Vancouver Bursar Hold placed to Vancouver student account |
| January 2 | Spring 2024 registration opens |
| January 22 | Spring 2024 term starts |
| January 22 – February 2 | Add/Drop period (without penalty) |
| January 22 | Late Registration applies to returning students registered after this date |
| January 22 | Late Payment applies to accounts with unpaid balance after this date |
| February 2 | No refund for dropping courses starting this date |
| April 1 – April 28 | Prepayment period for Summer 2024 registration |
| April 22 | Vancouver Bursar Hold placed to Vancouver student account |
| April 29 | Summer 2024 registration opens |
| May 21 | Summer 2024 term starts |
| May 21 – May 27 | Add/Drop period (without penalty) |
| May 21 | Late Registration applies to returning students registered after term starts |
| May 21 | Late Payment applies to accounts with unpaid balance after this date |
| May 27 | No Refund for dropping courses starting this date |
Prepayment & Registration Rules and Procedures
Rule #1: Required Minimum Prepayment Amount
Vancouver students are required to pay minimum 6 credits plus F/T College Fee before registration opens every term:
- Spring 2024: $7,145
- Summer 2024: $7,145
- Fall 2024: $7,560
Rule #2: Vancouver Bursar Hold (BVN)
All the Vancouver students will have BVN placed to their student accounts 2 weeks prior to the opening of registration every semester. Once the "Required Minimum Prepayment Amount" is paid, received by New York Tech and posted to the student's account, BVN will be removed by the system automatically for online registration.
Rule #3: Bursar Financial Hold (BFH)
Bursar Financial Hold will be placed to student's account if the student has any outstanding balance after these dates:
- Spring: January 1
- Summer: May 1
- Fall: August 1
Bursar Financial Hold will block a student's account from future enrollment and/or making changes to their current schedule. It is the student's responsibility to settle the outstanding payment for the system to remove the BFH automatically.
Prepayment and Registration Procedure
- Submit the full payment or minimum required prepayment to your student account before the registration portal is open.
- Once the payment is received by New York Tech and posted to your student account, Vancouver Bursar Hold will be removed by the system for online registration.
- Do not over register. If you register more than you have paid, you must settle the outstanding balance before the new semester starts. Your account will be blocked by Bursar Financial Hold if you have an outstanding payment and you will not be able to change your registration (add/drop courses) until the payment is made.
- Please DROP the course before adding a new one if you need to change the course registration. If you add the course without sufficient payment in your account, the system will trigger a Financial Hold.
- Please contact Lillian Liao (lliao@nyit.edu) if you are in the last semester and only require to take less credits to complete the program.
- If you enroll in a payment plan, please inform Lillian Liao (lliao@nyit.edu) when your first installment payment is received by New York Tech and posted to your student account.
- All the returning/continuing students must register courses before the new term starts to avoid a Late Registration Fee of USD $400.
- All the students must complete the payments before the new term starts to avoid a Late Payment of USD $400.
Add/Drop Period and Refund Policy
Please refer to our policies pages
Admissions Deferral and Deposit Refund Policy
Withdrawal/Dismissal Period and Refund Policy
Please refer to our policies pages
Withdrawal and Refund Policy for Current Students
Overdue Payments & Penalties
Students must conform to the payment policies of the Vancouver Bursar's office and are not entitled to attend classes until all fees are paid. Registrations are valid only when all fees are paid and no outstanding balance to New York Tech exists.
Students will be penalized for the below circumstances:
- Late Registration Fee USD$400: A nonrefundable, nonwaivable fee applies to continuing students who register after the first day of each semester
- Late Payment Fee USD$400: A nonrefundable nonwaivable fee applies to any account not paid in full after the first day of each semester
New York Institute of Technology expressly reserves the right, whenever it deems it advisable, to:
- Change or modify its schedule of tuition and fees
- Withdraw, cancel, reschedule, or modify any course, program of study, degree, or any requirement in connection with any of the foregoing
Getting a Refund
If New York Institute of Technology owes you money from overpayment, you can request a refund which will be issued based on the payment method of your last tuition payment and to the same payer.
- For payments by credit card (Transact Payments) within 185 days, refunds will be issued directly to the credit card used. It takes from 5 – 7 business days for the credit to be applied to your credit card from the date New York Tech processes it.
- For payments by credit card (Transact Payments) over 185 days, the refund will be processed by bank wire transfer to the same credit card holder. A copy of the credit card statement that shows the transaction and the card holder's full name is required.
- For payments by ACH (electronic check from the U.S.) within 365 days, refunds will be issued directly to the bank account that issued the original payment.
- For payments by ACH (electronic check from the U.S.) over 365 days, the refund will be processed by a refund check to the same account holder.
- For payments made through Flywire or TransferMate, refunds will be distributed to the bank account / credit card that issued the original payment.
Requesting A Refund Online
- Log in to the Student Service HUB
- Choose My Student Account select "Choose My Refund Method"
- Then request a refund by selecting "Submit Refund Request"
T2202 – Tuition and Enrollment Certificate
What is a T2202 tax form?
The federal T2202 tax form is designed for all students who paid tuition fees for qualifying courses that they are eligible to claim on their income tax return. It is used to certify a student's eligibility for their tuition amount.
Who will receive T2202?
T2202 (Tuition and Enrolment Certificate) is issued to students who paid eligible tuition and fees for qualifying courses that can be claimed on the income tax return. The form shows the eligible tuition fees paid as well as the months you were enrolled either part-time or full-time.
Do I need a Social Insurance Number (SIN) to be eligible for T2202 issuance?
YES! You must have a Social Insurance Number (SIN). Please refer to the Canadian Government website for the details of how to apply for your Social Insurance Number (SIN).
Once you have a SIN, follow the below instructions:
Log in to the Student Service HUB, under the Personal Information Section, click "Update SIN (Canadian Students)." Add your SIN with or without dashes in both fields and click "Submit." You will receive a confirmation message stating that your SIN has been updated.
Can I change the address on my T2202 once it is issued?
NO! Once your T2202 is issued from the system, New York Tech is not able to update any information on your T2202 tax slip. Students are responsible for updating their personal information following the below steps if there are any changes:
- Log in to the Student Service HUB
- Click on "Update Address" under the Personal Information Section
How do I get my T2202 for year 2020, 2021 and 2022?
Can I get my T2202 for previous years (2019, 2018, 2017)?
Please contact Vancouver.Bursar@nyit.edu for your inquiry.