Scholarships, Grants, and Loan Trends at New College of Florida

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 752, which is 97.11 % of all undergraduate students. 230 students which is 29.22% of undergraduate students received federal student loans and the average loan amount is $5,429.
For full-time, first-time beginning students (freshmen), 99.56% of students received grants or scholarships and 31% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at New College of Florida since 2013.
For that period, the average number of students who received grants aid/scholarships is 752, which is 97.11 % of all undergraduate students. 230 students which is 29.22% of undergraduate students received federal student loans and the average loan amount is $5,429.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14775 (98%)$8,221226 (28%)$4,265265 (33%)$5,460
2014-15814 (98%)$8,699244 (29%)$4,363275 (33%)$5,329
2015-16828 (96%)$8,433233 (27%)$4,390264 (31%)$5,491
2016-17843 (98%)$8,440246 (29%)$4,396291 (34%)$5,386
2017-18811 (97%)$10,422269 (32%)$4,407265 (32%)$5,458
2018-19775 (96%)$10,681249 (31%)$4,345257 (32%)$5,634
2019-20672 (96%)$10,496197 (28%)$4,315210 (30%)$5,441
2020-21621 (96%)$11,438192 (30%)$4,654133 (21%)$5,396
2021-22626 (99%)$13,841188 (30%)$4,845109 (17%)$5,266
Average752 (97.11%)$10,075227 (29.33%)$4,442230 (29.22%)$5,429

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

For the last 10 years, on average, 200 (99.56 % of students) received grants or scholarships and its average amount is $10,973. It can cover 36.64% of tuition & fees ($29,944) based on out-of-state rate.
In addition, 63 (30.56 % of students) students get helped from the students loans (average amount : $5,320).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14222 (100%)$9,11072 (32%)$5,471
2014-15236 (100%)$9,97683 (35%)$5,255
2015-16261 (100%)$9,78289 (34%)$5,449
2016-17230 (100%)$9,34188 (38%)$5,491
2017-18198 (99%)$11,21765 (33%)$5,528
2018-19191 (99%)$12,52964 (33%)$5,329
2019-20146 (99%)$10,84449 (33%)$4,936
2020-21155 (99%)$11,85534 (22%)$5,569
2021-22160 (100%)$14,10224 (15%)$4,856
Average200 (99.56%)$10,97363 (30.56%)$5,320
*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 10 years, on average, 58 (29.22 % of students) received Pell (federal) grants and its average amount is $4,480.
In addition, 139 students received State/local government grants/scholarships (69.00 % 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
2013-1458 (26%)$3,87952 (23%)$300169 (76%)$3,670222 (100%)$5,233
2014-1572 (31%)$4,49658 (25%)$420168 (71%)$4,014235 (100%)$5,667
2015-1669 (26%)$4,38250 (19%)$300188 (72%)$4,111261 (100%)$5,605
2016-1768 (29%)$4,2318 (3%)$1,875149 (65%)$3,752229 (99%)$5,619
2017-1870 (35%)$4,41925 (13%)$504134 (67%)$5,631198 (99%)$5,780
2018-1948 (25%)$5,01614 (7%)$857128 (67%)$7,180191 (99%)$6,395
2019-2041 (28%)$4,10849 (33%)$1,274102 (69%)$6,176146 (99%)$4,947
2020-2155 (35%)$4,633123 (78%)$1,156110 (70%)$5,730155 (99%)$5,226
2021-2244 (28%)$5,155158 (99%)$1,524102 (64%)$5,696159 (99%)$7,596
Average58 (29.22%)$4,48060 (33.33%)$912139 (69.00%)$5,107200 (99.33%)$5,785
*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 10 years, on average, 63 (30.56 % of students) get any students loan help and its average loan amount is $63.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1472 (32%)$5,47172 (32%)$4,7774 (2%)$12,493
2014-1583 (35%)$5,25582 (35%)$4,8305 (2%)$8,033
2015-1689 (34%)$5,44989 (34%)$4,7345 (2%)$12,739
2016-1788 (38%)$5,49186 (37%)$4,5978 (3%)$10,978
2017-1865 (33%)$5,52864 (32%)$4,7174 (2%)$14,359
2018-1964 (33%)$5,32963 (33%)$5,0172 (1%)$12,500
2019-2049 (33%)$4,93649 (33%)$4,6293 (2%)$5,001
2020-2134 (22%)$5,56934 (22%)$5,1931 (1%)$12,800
2021-2224 (15%)$4,85624 (15%)$4,856--
Average63 (30.56%)$5,32063 (30.33%)$4,8174 (1.88%)$11,113
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