Billing, Refunds & Disbursement Schedules

Billing Information

NYIT has implemented a secured e-billing process to provide a faster and more efficient way to view your monthly billing statement.  
NYIT has designated electronic billing as the official means of generating tuition bills. Therefore, paper statements will no longer be mailed. Each time a bill is available, an e-mail will be sent to your official NYIT e-mail address.
You currently have the ability to view up-to-the-minute transactions by visiting NYITConnect, logging into your account and selecting the account summary by term option. 

The Student Portal

Refunds

If you are due a Title IV credit balance, the Bursar’s Office will process a refund within 14 days. All refunds will be disbursed in two lump sums, once at the beginning of the year and another at the midpoint of the year. All forms of student assistance (including private loans and Grad PLUS loans) are disbursed twice a year.
The Office of the Bursar is pleased to offer your refund disbursement via direct deposit to your checking or savings account (U.S. Bank only). Students may choose this new method to receive their future refund disbursements effective immediately by visiting:
New and continuing users may sign up and select one of the following Refund Disbursement Methods:
  • Deposit to an existing checking account (United States Bank only): By selecting this option, you will be asked to provide your U.S. bank account information and any funds credited to you will be deposited into your account within several business days.
     
  •  Deposit to an existing savings account (United States Bank only): By selecting this option, you will be asked to provide your U.S. bank account information and any funds credited to you will be deposited into your account within several business days.

     
  • Debit Card: Use the Sallie Mae Debit MasterCard anywhere MasterCard is accepted, plus get convenient cash access at ATM’s on or near campus. Once you receive your debit card, any refunds credited to you by your school will be deposited into your account as early as the same day they are available.
     
  • Paper Check: By selecting this option, a check will be printed and sent by USPS.
A check would be issued in case of any processing issues.
 
If you are selecting one of the Direct Deposit options for the first time, there is a verification period to confirm your banking information.   If there is a problem with your banking information you will be notified in writing via an email from Higher One to your NYIT email account. Students may change their Refund disbursement method at any time.

If you have additional questions regarding this service, please feel free to contact the Office of the Bursar directly via telephone at 516-686-7510.
 
2014-2015 Disbursement Schedules
                                                      First Disbursement             Second Disbursement
Class of 2015                       06/23/2014                           12/01/2014
    Class of 2016                       06/23/2014                           01/05/2015    
Class of 2017                       08/11/2014                           01/05/2014
Class of 2018                       08/06/2014                           01/05/2014