Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $20,315 and the average loan amount is $6,266. The average financial aid amount is 36.03% of tuition & fees (tuition & fees: $56,386).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid6,426 87%$130,542,482$20,315
Pell Grants1,197 16%$5,929,505$4,954
Federal Students Loans1,981 27%$12,412,002$6,266

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), 1,699 students have received one or more types of financial aid at The New School.
The average amount of federal, state, local or institutional grant aid is $21,504 and the average amount of student loans awarded to full-time first-time undergraduate students is $10,379.
The following table shows the financial data by type of aid at The New School.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid1,71692%--
Grant or scholarship aid1,699 91%$36,535,528$21,504
Federal Grants506 27%$3,665,604$7,244
Pell Grants302 16%$1,538,115$5,093
Other Federal Grants506 27%$2,127,489$4,205
State/Local Grants43 2%$190,735$4,436
Institutional Grants1,695 91%$32,679,189$19,280
Student Loans602 32%$6,248,438$10,379
Federal Student Loans581 31%$2,979,834$5,129
Other Student Loans93 5%$3,268,604$35,146