For the academic year 2022-2023, total 1,723 full-time, first-time students (92% 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 6,426 students (87% of all students) received grants or scholarships and the average grant amount is $20,315. In addition, 1,981 students received student loans and the average loan amount is $6,266.
Below tables show the number and amount by source of financial aid at The New School.
For all undergraduate students, total 6,426 students (87% of all students) received grants or scholarships and the average grant amount is $20,315. In addition, 1,981 students received student loans and the average loan amount is $6,266.
Below tables show the number and amount by source of financial aid at The New School.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 6,426 | 87% | $20,315 |
| Pell Grants | 1,197 | 16% | $4,954 |
| Federal Student Loans | 1,981 | 27% | $6,266 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 1,723 | 92% | - |
| Grants or Scholarship from All Sources | 1,699 | 91% | $21,504 |
| Federal Grants | 506 | 27% | $7,244 |
| Pell Grants | 302 | 16% | $5,093 |
| Other Federal Grants | 506 | 27% | $4,205 |
| State/Local Grants | 43 | 2% | $4,436 |
| Institutional Grants | 1,695 | 91% | $19,280 |
| Student Loans | 602 | 32% | $10,379 |
| Federal Student Loans | 581 | 31% | $5,129 |
| Other Student Loans | 93 | 5% | $35,146 |
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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