Scholarships, Grants, and Loan Trends at New York Film Academy

-14%

Received Percent Changed

$6,454

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 888, which is 76.33 % of all undergraduate students. 306 students which is 26.22% of undergraduate students received federal student loans and the average loan amount is $8,918.

For full-time, first-time beginning students (freshmen), 70.22% of students received grants or scholarships and 34% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at New York Film Academy since 2014.

For that period, the average number of students who received grants aid/scholarships is 888, which is 76.33 % of all undergraduate students. 306 students which is 26.22% of undergraduate students received federal student loans and the average loan amount is $8,918.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,344 (100%)$5,043337 (25%)$4,315430 (32%)$8,404
2015-16903 (61%)$10,132302 (20%)$5,379382 (26%)$9,693
2016-17879 (60%)$8,808205 (14%)$4,921249 (17%)$8,294
2017-18630 (58%)$11,342208 (19%)$4,976209 (19%)$7,541
2018-19892 (92%)$11,068256 (26%)$6,874352 (36%)$10,018
2019-201,026 (78%)$12,703344 (26%)$5,675410 (31%)$8,483
2020-21656 (68%)$13,569227 (24%)$5,957171 (18%)$10,560
2021-22810 (84%)$13,400215 (22%)$5,657267 (28%)$8,561
2022-23855 (86%)$11,497202 (20%)$6,049286 (29%)$8,710
Average888 (76.33%)$10,840255 (21.78%)$5,534306 (26.22%)$8,918
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 158 (70.22 % of students) received grants or scholarships and its average amount is $11,610. It can cover 31.27% of tuition & fees ($37,122).

In addition, 76 (34.11 % of students) students get helped from the students loans (average amount : $11,530).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15185 (73%)$11,495126 (50%)$8,837
2015-16120 (67%)$10,75369 (38%)$10,214
2016-1734 (19%)$6,45646 (26%)$9,663
2017-1885 (63%)$12,43131 (23%)$12,367
2018-19149 (66%)$11,32767 (30%)$10,306
2019-20242 (84%)$11,994101 (35%)$12,592
2020-21144 (76%)$13,11665 (34%)$12,973
2021-22212 (91%)$14,53682 (35%)$11,295
2022-23250 (93%)$12,37997 (36%)$15,520
Average158 (70.22%)$11,61076 (34.11%)$11,530
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 49 (22.33 % of students) received Pell (federal) grants and its average amount is $6,266.

In addition, 5 students received State/local government grants/scholarships (2.29 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1588 (35%)$4,63223 (9%)$1,424--185 (73%)$9,114
2015-1646 (26%)$4,96023 (13%)$2,9453 (2%)$647120 (67%)$8,271
2016-1712 (7%)$4,9215 (3%)$2,7004 (2%)$2,00519 (11%)$7,312
2017-1822 (16%)$6,85713 (10%)$3,346--85 (63%)$10,145
2018-1947 (21%)$8,23424 (11%)$3,1413 (1%)$6,000141 (62%)$8,563
2019-2056 (20%)$8,05317 (6%)$4,2794 (1%)$3,944242 (84%)$9,764
2020-2159 (31%)$5,81862 (33%)$3,5855 (3%)$4,207144 (76%)$9,043
2021-2252 (22%)$6,30153 (23%)$10,8684 (2%)$5,127210 (90%)$10,274
2022-2362 (23%)$6,61445 (17%)$2,40013 (5%)$3,574250 (93%)$10,120
Average49 (22.33%)$6,26629 (13.89%)$3,8545 (2.29%)$3,643155 (68.78%)$9,178
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 76 (34.11 % of students) get any students loan help and its average loan amount is $76.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15126 (50%)$8,837126 (50%)$6,58019 (7%)$14,965
2015-1669 (38%)$10,21469 (38%)$7,62312 (7%)$14,898
2016-1746 (26%)$9,66346 (26%)$7,83016 (9%)$5,271
2017-1831 (23%)$12,36729 (22%)$6,6727 (5%)$27,127
2018-1967 (30%)$10,30663 (28%)$9,5704 (2%)$21,900
2019-20101 (35%)$12,59282 (29%)$7,97319 (7%)$32,531
2020-2165 (34%)$12,97363 (33%)$9,08810 (5%)$27,068
2021-2282 (35%)$11,29567 (29%)$7,68515 (6%)$27,420
2022-2397 (36%)$15,52094 (35%)$8,12726 (10%)$28,519
Average76 (34.11%)$11,53071 (32.22%)$7,90514 (6.44%)$22,189

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