New York Institute of Technology Transfer Scholarships are granted to incoming students who have earned a minimum of 24 credits from an accredited college or to students who have earned an associate's degree.
| A student transferring with a cumulative GPA from previous schools of | Will receive a yearly award of |
| 2.5 - 2.749 | $4,500 |
| 2.75 - 2.99 | $5,500 |
| 3.0 - 3.49 | $6,500 - $7,000 |
| 3.5 or higher | $7,500 - $8,000 |
All students who receive this award are eligible for a maximum of three years (six semesters) of continuous full-time undergraduate enrollment at NYIT.
A transfer scholarship will be renewed each semester provided the student satisfactorily completes at least 12 credits and maintains the appropriate CGPA of a 2.7 to 3.1 (depending on award amount) with no incomplete or failing grades.