Financial Aid Amount Received
$5,392 (33.28% of tuition & fees)
Percent of Financial Aid Received
60% of 86 students

All Undergraduate Students Financial Aid

62 undergraduate students (60% of all students) have received grants, scholarships, and/or federal student loans at Modern Welding School. The percentage of students who received financial aid average compared to Private (for-profit), Less Than 2-Years Colleges in New York.
Compare to similar schools in rankings such as Bais Binyomin Academy and Allen School-Brooklyn, the percentage of students who received financial aid is lower (the average of the schools is 75.78%).
The average amount of grants of scholarship aid is $5,392 and the average loan amount is $6,571. The average financial aid amount is 33.28% of tuition & fees (tuition & fees: $16,200).

Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid62 60%$334,295$5,392
Pell Grants48 46%$185,006$3,854
Federal Students Loans62 60%$407,415$6,571

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 37 students have received one or more types of financial aid at Modern Welding School.
The average amount of federal, state, local or institutional grant aid is $6,555 and the average amount of student loans awarded to full-time first-time undergraduate students is $6,441.
The following table shows the financial data by type of aid at Modern Welding School.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid4675%--
Grant or scholarship aid37 61%$242,544$6,555
Federal Grants37 61%$133,117$3,598
Pell Grants37 61%$133,117$3,598
Other Federal Grants0 0%$0$0
State/Local Grants13 21%$109,427$8,417
Institutional Grants0 0%$0$0
Student Loans46 75%$296,291$6,441
Federal Student Loans46 75%$296,291$6,441
Other Student Loans0 0%$0$0