New York Colleges Financial Aid Trends

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at New York Colleges since 2013. For that period, the average number of students who received grants aid/scholarships is 484,182, which is 79.22 % of all undergraduate students. 283,033 students which is 52.67% of undergraduate students received federal student loans and the average loan amount: $6,806.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	462,218 (76%)	$12,540	257,235 (43%)	$4,282	321,459 (57%)	$6,871
2014-15	472,399 (78%)	$12,853	258,261 (44%)	$4,368	311,219 (56%)	$6,945
2015-16	470,258 (78%)	$13,215	256,407 (42%)	$4,475	305,774 (56%)	$6,943
2016-17	468,890 (77%)	$13,211	251,635 (42%)	$4,482	307,315 (55%)	$6,781
2017-18	481,019 (79%)	$14,034	262,072 (44%)	$4,742	286,987 (53%)	$6,860
2018-19	484,433 (79%)	$14,709	259,894 (43%)	$4,956	278,950 (52%)	$6,738
2019-20	503,023 (81%)	$15,169	253,626 (42%)	$4,999	269,353 (50%)	$6,636
2020-21	496,063 (81%)	$15,474	237,551 (42%)	$5,312	236,748 (48%)	$6,815
2021-22	519,331 (84%)	$16,626	235,761 (41%)	$5,412	229,496 (47%)	$6,669
Average	484,182 (79.22%)	$14,203	252,494 (42.56%)	$4,781	283,033 (52.67%)	$6,806

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

Overview

For the last 10 years, on average, 100,398 (85.78 % of students) received grants or scholarships and its average amount is $15,826. It can cover 86.94% of tuition & fees ($18,203) based on out-of-state rate. In addition, 57,804 (56.33 % of students) students get helped from the students loans (average amount : $7,310).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	93,591 (83%)	$13,865	61,969 (60%)	$6,979
2014-15	96,233 (85%)	$14,281	60,826 (60%)	$7,046
2015-16	96,285 (84%)	$14,506	60,644 (59%)	$7,306
2016-17	97,189 (84%)	$15,096	61,184 (58%)	$7,313
2017-18	100,742 (85%)	$15,736	59,543 (57%)	$7,211
2018-19	103,979 (86%)	$16,420	59,367 (56%)	$7,310
2019-20	107,856 (88%)	$16,982	56,132 (54%)	$7,474
2020-21	101,134 (88%)	$17,230	48,981 (52%)	$7,684
2021-22	106,576 (89%)	$18,314	51,594 (51%)	$7,463
Average	100,398 (85.78%)	$15,826	57,804 (56.33%)	$7,310

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 48,955 (47.11 % of students) received Pell (federal) grants and its average amount is $5,001. In addition, 52,749 students received State/local government grants/scholarships (45.22 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	48,070 (48%)	$4,521	15,818 (17%)	$1,242	51,152 (47%)	$3,197	75,132 (68%)	$10,643
2014-15	47,790 (47%)	$4,654	16,216 (18%)	$1,241	53,470 (47%)	$3,422	76,786 (71%)	$10,961
2015-16	47,780 (47%)	$4,687	15,505 (18%)	$1,281	52,837 (47%)	$3,511	77,821 (71%)	$11,038
2016-17	47,388 (47%)	$4,740	15,148 (19%)	$1,215	51,825 (46%)	$3,652	79,082 (72%)	$11,581
2017-18	51,071 (48%)	$4,914	16,370 (18%)	$1,156	54,102 (45%)	$3,823	81,177 (74%)	$11,904
2018-19	51,748 (48%)	$5,106	16,856 (20%)	$1,235	55,567 (45%)	$3,882	84,164 (74%)	$12,604
2019-20	51,234 (47%)	$5,216	50,698 (47%)	$1,546	55,903 (45%)	$3,980	84,247 (73%)	$12,845
2020-21	46,463 (46%)	$5,490	52,664 (49%)	$1,699	49,948 (43%)	$3,821	89,885 (77%)	$13,921
2021-22	49,048 (46%)	$5,683	57,543 (50%)	$1,898	49,936 (42%)	$3,998	92,931 (77%)	$14,149
Average	48,955 (47.11%)	$5,001	28,535 (28.44%)	$1,390	52,749 (45.22%)	$3,698	82,358 (73.00%)	$12,183

^*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..

Student Loans

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, 57,804 (56.33 % of students) get any students loan help and its average loan amount is $57,804.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	61,969 (60%)	$6,979	61,315 (59%)	$5,700	7,703 (9%)	$13,077
2014-15	60,826 (60%)	$7,046	60,044 (59%)	$5,742	7,440 (8%)	$13,384
2015-16	60,644 (59%)	$7,306	59,522 (58%)	$5,644	8,515 (10%)	$13,858
2016-17	61,184 (58%)	$7,313	60,110 (57%)	$5,643	8,936 (9%)	$14,058
2017-18	59,543 (57%)	$7,211	58,451 (56%)	$5,514	9,117 (10%)	$14,318
2018-19	59,367 (56%)	$7,310	58,282 (55%)	$5,307	9,852 (10%)	$14,822
2019-20	56,132 (54%)	$7,474	54,911 (54%)	$5,318	9,795 (10%)	$15,086
2020-21	48,981 (52%)	$7,684	47,845 (51%)	$5,567	7,803 (9%)	$15,854
2021-22	51,594 (51%)	$7,463	50,431 (50%)	$5,189	8,858 (10%)	$16,852
Average	57,804 (56.33%)	$7,310	56,768 (55.44%)	$5,514	8,669 (9.44%)	$14,590

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Grants, Scholarships, and Student Loan Stats Trends for New York Colleges

All Undergraduate Students Financial Aid Over Time

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