The designation refers to the Federal Student Aid application identifier specifically assigned to New York University School of Law. This unique alphanumeric string is essential for students applying for federal financial assistance to attend the institution. Students must include this designator on their Free Application for Federal Student Aid (FAFSA) form to ensure their application data is correctly transmitted to and received by the NYU Law’s financial aid office for processing. For instance, without the correct identifier, the university will not be able to assess a student’s eligibility for federal loans, grants, and work-study programs.
The accurate inclusion of this identifier is crucial for efficient and timely processing of financial aid applications. Its use prevents delays and ensures that prospective students receive the financial aid packages they are eligible for. The establishment of this code is part of a broader system designed to streamline the financial aid process across numerous institutions nationwide. This system allows the Department of Education to efficiently allocate resources and track student aid applications, contributing to the equitable distribution of financial assistance.