Monthly Payment Plan

If you choose to use a credit or debit card—MasterCard, Visa, Discover, or American Express—to make your payment, you will be charged a 2.95 percent convenience fee. Effective February 23, 2024, there will be an increase in the PayPath fee for international transactions only, from the current rate of 2.95 percent to 4.25 percent. It is important to note that the university does not receive any part of the convenience fee. In addition, this convenience fee is not refundable, even if the related payment to The New School is refunded.

As an alternative to credit and debit card payments, you may use an electronic checking or savings account (from a U.S. bank) to make your payments, at no additional cost. Another advantage to paying with an e-check is that you can sign up for automatic payments. Wire transfers, money orders, and U.S. paper check payments can be used to pay installments. Payment must be received by the payment plan installment due date.

Fall Term

• Four-month and five-month plans begin August 1.

Spring Term

• Four-month and five-month plans begin January 1.

All subsequent payments must be made on the first of the month. If a payment plan installment is late, a financial hold will be placed on the account. The hold will be removed once the payment plan is current. No late payment fee will be charged as long as the student is enrolled in a payment plan. For students who enroll after the due date for a given semester, all previously due installments will be due at the time of enrollment.

• Spring - January
• Fall - August 

For students who enroll after the payment due date for a given semester, all previously due installments will be due at the time of enrollment.

The monthly payment plan uses real-time information about your student account to calculate charges and payments. Enrollment begins in July for the fall term. Enrollment for the spring term begins in early December.

Setting Up a Payment Plan

1. Log in to my.newschool.edu. 
2. Under the Student Resources section, click Student Accounts.
3. Click on Sign up for a Payment Plan.
4. Once redirected to your homepage, click on the “Payment Plan” Tab
5. Choose the semester and click Select.
6. Select a payment plan, either four-month or five-month.
7. Click Continue.
8. Click Display Payment Schedule.
9. Click Continue.
10. Select the payment method you would like to use. If you do not have a saved payment method, select Electronic Check or Credit or Debit Card and enter the required information.
11. Click Continue.
12. Review the payment plan agreement.