Recent Updates: Visit our COVID-19 Community Guide for information about in-person teaching and learning this fall. Community members can check their testing schedule here.

  • In order to issue an I-20 or DS-2019, ISSS must collect financial documentation from all international students that proves their ability to pay tuition fees and to support themselves financially in the United States for one academic year. This is due to U.S. government regulations. Students will also need to present these financial documents at their visa interview. Unfortunately, The New School is unable to waive or modify this requirement and all students (and/or their sponsors) must submit financial documentation.

    Students will be asked to upload financial documents to their New I-20/DS-2019 Application on iglobal.newschool.edu when applying for their initial I-20 or DS-2019. Students may also be required to submit financial documents in order to return from a leave of absence, complete a travel restart, or extend their I-20 or DS-2019.

    Students’ financial documents must show the estimated average expenses for one academic year of your program. Please click on the links below for information about how much students need to show in liquid funds for each program. If a student is bringing dependents, they must provide additional funding of $9,000 for the first dependent and $4,500 for any additional dependents.

    2021-2022 Academic Year Estimated Expenses

      Please be aware that if you do not submit acceptable documents showing the minimum amount of funding for the estimated expenses for your program, your I-20/DS-2019 Application will be put on hold and an ISSS applications team member will contact you to request documentation for additional funding.

      If you are receiving a scholarship through The New School, a scholarship through another organization, a grant, or a loan, you can deduct that amount from the total you need to show, but you will need to upload proof of this funding source in your I-20/DS-2019 Application.

      Requirements for Financial Documents

      Financial documentation MUST meet the following requirements:

      • Be in English
      • Be no more than six months old (and show the date)
      • Clearly state the account holder’s name 
      • Clearly state the financial institution name
      • Clearly state the balance of the account
      • Clearly state the currency of the account (does not need to be in U.S. dollars)
      • Show proof of liquid funds

      Acceptable documents in English include:

      • Official bank letter
      • Copy of bank statement/account summary
      • Scholarship award letter
      • Admission letter stating financial award
      • Academic department letter stating financial award
      • Documentation showing loan approval

      Unacceptable documents include, but are not limited to tax returns, investments, property, mortgages, retirement accounts, stocks, bonds, and letters of employment/salary statements.

      If the financial documents are not in the student’s name, the account holder must confirm that they will be a financial sponsor for the student. This is done online as part of the New I-20/DS-2019 Application forms.

      FAQ

    • Contact Us and Office Hours

      International Student and Scholar Services
      72 Fifth Avenue, 3rd floor
      New York, NY 10011
      iss@newschool.edu
      212.229.5592

      Emergency Phone (After Hours Only)
      212.229.7001

      Temporary Fall Semester Office Hours 
      Mondays and Fridays: 9:00 a.m.-1:00 p.m.
      Tuesdays and Wednesdays: 1:00-5:00 p.m.
      Closed Thursdays

      University Closures
      September 6, 2021
      November 25 and 26, 2021

    • Take The Next Step

    Submit your application

    Undergraduates

    To apply to any of our undergraduate programs (except the Bachelor's Program for Adults and Transfer Students and Parsons Associate of Applied Science programs) complete and submit the Common App online.

    Undergraduate Adult Learners

    To apply to any of our Bachelor's Program for Adults and Transfer Students and Parsons Associate of Applied Science programs, complete and submit the New School Online Application.

    Graduates

    To apply to any of our Master's, Doctoral, Professional Studies Diploma, and Graduate Certificate programs, complete and submit the New School Online Application.

    Close