Consortium/Contractual Agreements

NYIT undergraduate and graduate students who want to attend other institutions in the U.S. or abroad for a semester or more may qualify to utilize their federal financial aid under a consortium agreement. Students must be approved by their respective academic department prior to attending the semester(s). Students must provide the following to the Office of Financial Aid at least four weeks prior to the start of the semester(s):

1. a completed NYIT Consortium Agreement
2. documentation of the cost of attendance from the institution to be attended
3. course registration or verification of enrollment from the institution to be attended
4. contact information for the institution to be attended
5. NYIT academic department’s approval (Permission to Enroll)

Financial Aid Contractual Agreement

NYIT students who want to attend other non-Title IV eligible institutions in the United States or abroad for a semester may be able to use federal financial aid under a contractual agreement. Students must be approved by their academic department prior to attending the semester(s). Students must provide the following to the Office of Financial Aid at least four weeks prior to the start of the semester(s):

1. assurance that they have a valid FAFSA on file at NYIT (using Title IV code 002782)
2. Completed Contractual Agreement form
3. documentation of the cost of attendance from the institution to be attended
4. course registration or verification of enrollment from the institution to be attended
5. contact information for the institution to be attended
6. NYIT academic department’s approval (Permission to Enroll)

The regulations of the U.S. Department of Education govern Title IV student eligibility and eligible amounts. Based on federal regulations, there is a limit on the portion of an educational program that can be offered by an ineligible school that can be done under a contractual agreement. For further information, please refer to the 2018-19 FSA Handbook, Vol. 2, Ch. 2, p. 2-34 to 2-35, Student Eligibility and Operations (34 CFR 668.39), and Institutional Information (34 CFR 668.43(a)(9)).