How Manhattan School of Music's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Manhattan School of Music since 2013.

For that period, the average number of students who received grants aid/scholarships is 355, which is 76.44 % of all undergraduate students. 170 students which is 37.22% of undergraduate students received federal student loans and the average loan amount is $9,060.

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	223 (59%)	$20,068	58 (15%)	$3,950	122 (32%)	$6,850
2014-15	249 (64%)	$20,819	49 (13%)	$4,606	117 (30%)	$6,878
2015-16	353 (86%)	$19,397	57 (14%)	$4,509	274 (67%)	$8,895
2016-17	392 (80%)	$20,615	63 (13%)	$4,789	163 (33%)	$6,394
2017-18	383 (78%)	$21,766	62 (13%)	$4,915	160 (33%)	$6,310
2018-19	351 (74%)	$23,700	61 (13%)	$4,858	162 (34%)	$6,537
2019-20	440 (85%)	$24,793	71 (14%)	$4,995	193 (37%)	$6,398
2020-21	404 (81%)	$25,115	80 (16%)	$4,841	163 (33%)	$26,692
2021-22	404 (81%)	$24,804	74 (15%)	$4,731	179 (36%)	$6,588
Average	355 (76.44%)	$22,342	64 (14.00%)	$4,688	170 (37.22%)	$9,060

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

Overview

For the last 10 years, on average, 86 (73.11 % of students) received grants or scholarships and its average amount is $23,574. It can cover 43.18% of tuition & fees ($54,600).

In addition, 54 (45.56 % of students) students get helped from the students loans (average amount : $10,827).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	45 (56%)	$22,061	22 (27%)	$5,685
2014-15	74 (65%)	$21,722	36 (32%)	$6,040
2015-16	67 (60%)	$21,314	36 (32%)	$6,824
2016-17	111 (83%)	$24,906	27 (20%)	$7,920
2017-18	82 (71%)	$23,658	66 (57%)	$3,011
2018-19	106 (77%)	$26,854	104 (75%)	$3,564
2019-20	97 (84%)	$26,708	49 (43%)	$9,020
2020-21	98 (81%)	$23,606	96 (79%)	$48,996
2021-22	98 (81%)	$21,335	54 (45%)	$6,386
Average	86 (73.11%)	$23,574	54 (45.56%)	$10,827

^*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, 16 (14.11 % of students) received Pell (federal) grants and its average amount is $4,679.

In addition, 4 students received State/local government grants/scholarships (3.56 % 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	12 (15%)	$3,827	12 (15%)	$1,265	4 (5%)	$4,083	40 (49%)	$22,882
2014-15	12 (11%)	$4,160	12 (11%)	$1,554	1 (1%)	$4,351	70 (62%)	$21,921
2015-16	15 (13%)	$4,498	14 (13%)	$1,814	5 (4%)	$4,219	57 (51%)	$23,054
2016-17	19 (14%)	$5,130	15 (11%)	$2,000	9 (7%)	$2,172	105 (78%)	$24,929
2017-18	16 (14%)	$5,395	14 (12%)	$1,957	2 (2%)	$2,311	77 (67%)	$23,657
2018-19	23 (17%)	$4,923	22 (16%)	$2,014	3 (2%)	$1,423	104 (75%)	$25,814
2019-20	18 (16%)	$5,339	15 (13%)	$3,433	6 (5%)	$2,833	93 (81%)	$26,087
2020-21	17 (14%)	$4,017	-	-	5 (4%)	$4,285	95 (79%)	$23,407
2021-22	16 (13%)	$4,825	5 (4%)	$1,514	2 (2%)	$984	98 (81%)	$20,449
Average	16 (14.11%)	$4,679	14 (11.88%)	$1,944	4 (3.56%)	$2,962	82 (69.22%)	$23,578

^*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, 54 (45.56 % of students) get any students loan help and its average loan amount is $54.

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	22 (27%)	$5,685	22 (27%)	$5,685	-	-
2014-15	36 (32%)	$6,040	36 (32%)	$5,929	1 (1%)	$4,000
2015-16	36 (32%)	$6,824	36 (32%)	$5,646	4 (4%)	$10,604
2016-17	27 (20%)	$7,920	26 (19%)	$7,455	1 (1%)	$20,000
2017-18	66 (57%)	$3,011	66 (57%)	$3,011	-	-
2018-19	104 (75%)	$3,564	99 (72%)	$2,952	5 (4%)	$15,682
2019-20	49 (43%)	$9,020	42 (37%)	$5,954	7 (6%)	$27,418
2020-21	96 (79%)	$48,996	83 (69%)	$52,419	13 (11%)	$27,139
2021-22	54 (45%)	$6,386	53 (44%)	$5,369	3 (2%)	$20,094
Average	54 (45.56%)	$10,827	51 (43.22%)	$10,491	5 (4.14%)	$17,848

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Scholarships, Grants, and Loan Trends at Manhattan School of Music

All Undergraduate Students Financial Aid Over Time

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