Number Received Financial Aid (All Undergraduate)
6,426
Percent Received Financial Aid(All Undergraduate)
87%
Average Aid Amount
$20,315
Number Received Financial Aid (Freshmen)
1,723
Percent Received Financial Aid (Freshmen)
92%
Financial Aid Information at The New School
For the academic year 2021-2022, a total of 6,426 students (87% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $20,315. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,723 students (92% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at The New School is $56,386, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 6,426 students (87% of all students) have received grants or scholarships and the average received aid amount is $20,315. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at The New School for all undergraduate students.
| 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 |
Beginning Students Financial Aid
a total of 1,723 beginning students (92% of all freshmen) have received any financial aid and 1,716 students (92% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at The New School.
| 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 |
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