All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at The New England Conservatory of Music since 2013.
For that period, the average number of students who received grants aid/scholarships is 398, which is 92.00 % of all undergraduate students. 148 students which is 34.56% of undergraduate students received federal student loans and the average loan amount is $7,145.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14389 (90%)$17,41268 (16%)$4,347188 (44%)$7,888
2014-15379 (92%)$17,08857 (14%)$4,355173 (42%)$7,887
2015-16377 (93%)$17,46749 (12%)$4,467161 (40%)$8,942
2016-17390 (94%)$18,88252 (13%)$4,550133 (32%)$7,582
2017-18406 (93%)$19,51759 (14%)$4,464142 (33%)$6,173
2018-19420 (90%)$23,46566 (14%)$5,110148 (32%)$6,361
2019-20462 (93%)$22,56064 (13%)$4,570156 (31%)$6,571
2020-21372 (92%)$22,82134 (8%)$5,007114 (28%)$6,042
2021-22387 (91%)$21,60141 (10%)$5,340121 (29%)$6,855
Average398 (92.00%)$20,09054 (12.67%)$4,690148 (34.56%)$7,145

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

OverviewGrants/ScholarshipStudent Loans
For the last 10 years, on average, 94 (96.11 % of students) received grants or scholarships and its average amount is $19,508. It can cover 33.32% of tuition & fees ($58,550).
In addition, 36 (38.00 % of students) students get helped from the students loans (average amount : $9,307).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1490 (97%)$14,78449 (53%)$11,525
2014-1575 (100%)$17,01832 (43%)$10,508
2015-1682 (95%)$18,52035 (41%)$10,942
2016-17119 (98%)$20,81538 (31%)$11,662
2017-18103 (95%)$18,14939 (36%)$8,360
2018-19103 (94%)$21,03037 (34%)$7,998
2019-20110 (94%)$19,70939 (33%)$11,915
2020-2179 (96%)$23,47830 (37%)$5,014
2021-2282 (96%)$22,06829 (34%)$5,836
Average94 (96.11%)$19,50836 (38.00%)$9,307
*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, 12 (12.33 % of students) received Pell (federal) grants and its average amount is $4,735.
In addition, 2 students received State/local government grants/scholarships (2.13 % 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
2013-1415 (16%)$3,97027 (29%)$1,3673 (3%)$75390 (97%)$13,687
2014-159 (12%)$3,53222 (29%)$1,3641 (1%)$50075 (100%)$16,188
2015-1611 (13%)$5,17819 (22%)$1,7891 (1%)$1,50082 (95%)$17,392
2016-1717 (14%)$4,71829 (24%)$1,9482 (2%)$6,300119 (98%)$19,561
2017-1811 (10%)$4,22027 (25%)$1,5002 (2%)$9,890101 (94%)$17,452
2018-1919 (17%)$5,16627 (25%)$1,7412 (2%)$2,500103 (94%)$19,572
2019-2015 (13%)$4,72417 (15%)$1,824--110 (94%)$18,783
2020-217 (9%)$5,40220 (24%)$2,2114 (5%)$2,62579 (96%)$22,307
2021-226 (7%)$5,70317 (20%)$2,0001 (1%)$2,20081 (95%)$21,471
Average12 (12.33%)$4,73523 (23.67%)$1,7492 (2.13%)$3,28493 (95.89%)$18,490
*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, 36 (38.00 % of students) get any students loan help and its average loan amount is $36.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1449 (53%)$11,52548 (52%)$7,08112 (13%)$18,739
2014-1532 (43%)$10,50832 (43%)$6,8766 (8%)$19,375
2015-1635 (41%)$10,94235 (41%)$7,7426 (7%)$18,667
2016-1738 (31%)$11,66238 (31%)$6,7507 (6%)$26,665
2017-1839 (36%)$8,36039 (36%)$5,1633 (3%)$41,561
2018-1937 (34%)$7,99837 (34%)$5,1315 (5%)$21,221
2019-2039 (33%)$11,91539 (33%)$5,4439 (8%)$28,046
2020-2130 (37%)$5,01430 (37%)$5,014--
2021-2229 (34%)$5,83628 (33%)$5,0451 (1%)$28,000
Average36 (38.00%)$9,30736 (37.78%)$6,0276 (6.38%)$25,284

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