Scholarships, Grants, and Loan Trends at New York Career Institute

Over the past 4 years (2013-2016), the average number of students who received grants aid/scholarships is 307, which is 57.67 % of all undergraduate students. 360 students which is 67.33% of undergraduate students received federal student loans and the average loan amount is $5,503.

For full-time, first-time beginning students (freshmen), 83.67% of students received grants or scholarships and 89% of students received student loans.

School Home 2023 Financial Aid

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 Career Institute since 2013.

For that period, the average number of students who received grants aid/scholarships is 307, which is 57.67 % of all undergraduate students. 360 students which is 67.33% of undergraduate students received federal student loans and the average loan amount is $5,503.

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	353 (57%)	$4,515	325 (53%)	$3,697	435 (71%)	$5,280
2014-15	314 (58%)	$4,578	289 (53%)	$3,561	345 (63%)	$5,554
2015-16	254 (58%)	$4,819	227 (52%)	$3,803	299 (68%)	$5,676
Average	307 (57.67%)	$4,637	280 (52.67%)	$3,687	360 (67.33%)	$5,503

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

Overview

For the last 4 years, on average, 19 (83.67 % of students) received grants or scholarships and its average amount is $5,130. It can cover 36.58% of tuition & fees ($14,025).

In addition, 20 (89.00 % of students) students get helped from the students loans (average amount : $4,751).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	25 (81%)	$5,063	29 (94%)	$4,524
2014-15	19 (95%)	$4,724	17 (85%)	$5,096
2015-16	12 (75%)	$5,604	14 (88%)	$4,634
Average	19 (83.67%)	$5,130	20 (89.00%)	$4,751

^*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 4 years, on average, 17 (75.67 % of students) received Pell (federal) grants and its average amount is $3,703.

In addition, 15 students received State/local government grants/scholarships (66.67 % 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	24 (77%)	$3,386	24 (77%)	$217	19 (61%)	$2,111	-	-
2014-15	15 (75%)	$3,990	13 (65%)	$331	14 (70%)	$1,724	2 (10%)	$738
2015-16	12 (75%)	$3,734	10 (63%)	$200	11 (69%)	$1,821	1 (6%)	$403
Average	17 (75.67%)	$3,703	16 (68.33%)	$249	15 (66.67%)	$1,885	2 (8.00%)	$571

^*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 4 years, on average, 20 (89.00 % of students) get any students loan help and its average loan amount is $20.

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	29 (94%)	$4,524	29 (94%)	$4,524	-	-
2014-15	17 (85%)	$5,096	17 (85%)	$5,096	-	-
2015-16	14 (88%)	$4,634	14 (88%)	$4,634	-	-
Average	20 (89.00%)	$4,751	20 (89.00%)	$4,751	-	-

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