Number Received Financial Aid (All Undergraduate)
6,236
Percent Received Financial Aid(All Undergraduate)
87%
Average Aid Amount
$18,965
Number Received Financial Aid (Freshmen)
1,311
Percent Received Financial Aid (Freshmen)
94%
Financial Aid Information at The New School
For the academic year 2023-2024, a total of 6,236 students (87% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $18,965. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,311 students (94% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at The New School is $58,730, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 6,236 students (87% of all students) have received grants or scholarships and the average received aid amount is $18,965. 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 | 6,236 | 87% | $18,965 |
| Pell Grants | 1,098 | 15% | $5,279 |
| Federal Student Loans | 1,854 | 26% | $6,345 |
Beginning Students Financial Aid
a total of 1,311 beginning students (94% of all freshmen) have received any financial aid and 1,307 students (94% 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 | 1,311 | 94% | - |
| Grants or Scholarship from All Sources | 1,302 | 93% | $20,504 |
| Federal Grants | 221 | 16% | $6,792 |
| Pell Grants | 221 | 16% | $5,390 |
| Other Federal Grants | 89 | 6% | $3,482 |
| State/Local Grants | 38 | 3% | $4,079 |
| Institutional Grants | 1,301 | 93% | $19,247 |
| Student Loans | 437 | 31% | $11,164 |
| Federal Student Loans | 426 | 31% | $5,149 |
| Other Student Loans | 78 | 6% | $34,425 |
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