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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 School since 2011.
For that period, the average number of students who received grants aid/scholarships is 5,859, which is 83.36 % of all undergraduate students. 2,390 students which is 34.00% of undergraduate students received federal student loans and the average loan amount is $6,920.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-125,402 (76%)$13,4391,760 (25%)$4,0563,135 (44%)$7,309
2012-134,831 (71%)$15,3871,601 (24%)$4,3082,807 (41%)$7,569
2013-145,177 (76%)$14,8351,536 (23%)$4,3922,608 (38%)$7,331
2014-155,750 (83%)$15,0731,489 (21%)$4,4172,475 (36%)$7,244
2015-166,010 (87%)$15,1611,481 (22%)$4,4652,404 (35%)$7,007
2016-176,101 (86%)$15,3261,474 (21%)$4,4772,504 (35%)$6,879
2017-185,972 (84%)$16,5661,434 (20%)$4,5502,356 (33%)$6,893
2018-196,210 (84%)$20,7591,289 (17%)$4,7092,208 (30%)$6,384
2019-206,300 (85%)$21,6961,225 (17%)$4,9082,199 (30%)$6,797
2020-216,269 (98%)$17,8371,055 (16%)$4,8081,613 (25%)$6,443
2021-226,426 (87%)$20,3151,197 (16%)$4,9541,981 (27%)$6,266
Average5,859 (83.36%)$16,9451,413 (20.18%)$4,5492,390 (34.00%)$6,920

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 1,234 (91.18 % of students) received grants or scholarships and its average amount is $18,193. It can cover 32.27% of tuition & fees ($56,386).
In addition, 519 (38.64 % of students) students get helped from the students loans (average amount : $9,245).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12947 (89%)$13,538507 (48%)$8,805
2012-131,021 (94%)$14,770470 (43%)$8,929
2013-14951 (95%)$15,996409 (41%)$9,496
2014-151,109 (95%)$17,299493 (42%)$7,604
2015-161,187 (94%)$17,839518 (41%)$8,278
2016-171,333 (85%)$19,358663 (42%)$8,859
2017-181,328 (86%)$19,016610 (39%)$10,195
2018-191,597 (91%)$19,235600 (34%)$10,521
2019-201,196 (84%)$21,243509 (36%)$10,052
2020-211,206 (99%)$20,330333 (27%)$8,581
2021-221,699 (91%)$21,504602 (32%)$10,379
Average1,234 (91.18%)$18,193519 (38.64%)$9,245
*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 12 years, on average, 287 (21.64 % of students) received Pell (federal) grants and its average amount is $4,682.
In addition, 73 students received State/local government grants/scholarships (5.82 % 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
2011-12252 (24%)$4,21468 (6%)$1,09077 (7%)$3,987945 (89%)$12,040
2012-13280 (26%)$4,464145 (13%)$81471 (7%)$3,6041,020 (94%)$13,192
2013-14241 (24%)$4,525104 (10%)$76982 (8%)$3,678951 (95%)$14,448
2014-15325 (28%)$4,502167 (14%)$827115 (10%)$3,9821,106 (95%)$15,484
2015-16328 (26%)$4,633148 (12%)$782108 (9%)$3,7871,187 (94%)$16,117
2016-17349 (22%)$4,591164 (10%)$79793 (6%)$4,8111,329 (85%)$17,776
2017-18314 (20%)$4,480151 (10%)$1,35675 (5%)$4,8591,325 (85%)$17,567
2018-19303 (17%)$4,919147 (8%)$1,41363 (4%)$3,2911,596 (91%)$18,053
2019-20260 (18%)$5,078217 (15%)$1,70852 (4%)$4,1941,191 (83%)$19,729
2020-21206 (17%)$5,000205 (17%)$3,90624 (2%)$3,2961,206 (99%)$18,746
2021-22302 (16%)$5,093506 (27%)$4,20543 (2%)$4,4361,695 (91%)$19,280
Average287 (21.64%)$4,682184 (12.91%)$1,60673 (5.82%)$3,9931,232 (91.00%)$16,585
*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 12 years, on average, 519 (38.64 % of students) get any students loan help and its average loan amount is $519.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12507 (48%)$8,805496 (46%)$5,69567 (6%)$24,466
2012-13470 (43%)$8,929463 (43%)$6,05262 (6%)$22,490
2013-14409 (41%)$9,496404 (41%)$5,88764 (6%)$23,519
2014-15493 (42%)$7,604490 (42%)$5,61549 (4%)$20,361
2015-16518 (41%)$8,278517 (41%)$5,50555 (4%)$26,216
2016-17663 (42%)$8,859655 (42%)$5,66784 (5%)$25,735
2017-18610 (39%)$10,195598 (39%)$5,63595 (6%)$29,988
2018-19600 (34%)$10,521586 (33%)$5,177116 (7%)$28,269
2019-20509 (36%)$10,052498 (35%)$5,28383 (6%)$29,943
2020-21333 (27%)$8,581319 (26%)$5,13851 (4%)$23,894
2021-22602 (32%)$10,379581 (31%)$5,12993 (5%)$35,146
Average519 (38.64%)$9,245510 (38.09%)$5,52674 (5.36%)$26,366

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