For the academic year 2022-2023, total 198 full-time, first-time students (99% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 1,041 students (80% of all students) received grants or scholarships and the average grant amount is $23,544. In addition, 883 students received student loans and the average loan amount is $6,722.
Below tables show the number and amount by source of financial aid at New England College.
For all undergraduate students, total 1,041 students (80% of all students) received grants or scholarships and the average grant amount is $23,544. In addition, 883 students received student loans and the average loan amount is $6,722.
Below tables show the number and amount by source of financial aid at New England College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,041 | 80% | $23,544 |
| Pell Grants | 561 | 43% | $4,986 |
| Federal Student Loans | 883 | 68% | $6,722 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 198 | 99% | - |
| Grants or Scholarship from All Sources | 196 | 98% | $29,272 |
| Federal Grants | 80 | 40% | $6,192 |
| Pell Grants | 79 | 40% | $5,408 |
| Other Federal Grants | 54 | 27% | $1,261 |
| State/Local Grants | 15 | 8% | $3,667 |
| Institutional Grants | 194 | 97% | $26,737 |
| Student Loans | 151 | 76% | $9,028 |
| Federal Student Loans | 147 | 74% | $5,306 |
| Other Student Loans | 39 | 20% | $14,957 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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