Scholarships, Grants, and Loan Trends at New York Medical Career Training Center

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 174, which is 14.33 % of all undergraduate students. 229 students which is 18.22% of undergraduate students received federal student loans and the average loan amount is $7,732.
For full-time, first-time beginning students (freshmen), 18.22% of students received grants or scholarships and 23% 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 York Medical Career Training Center since 2013.
For that period, the average number of students who received grants aid/scholarships is 174, which is 14.33 % of all undergraduate students. 229 students which is 18.22% of undergraduate students received federal student loans and the average loan amount is $7,732.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14125 (14%)$3,953125 (14%)$3,953110 (13%)$4,875
2014-15133 (12%)$4,665133 (12%)$4,665136 (12%)$5,772
2015-16206 (16%)$4,058206 (16%)$4,058242 (19%)$6,854
2016-17135 (6%)$5,582135 (6%)$5,582190 (8%)$11,249
2017-18156 (7%)$3,593156 (7%)$3,593265 (11%)$6,345
2018-19195 (12%)$4,181195 (12%)$4,181333 (21%)$5,732
2019-20283 (31%)$3,871283 (31%)$3,871377 (42%)$7,736
2020-21158 (15%)$4,821158 (15%)$2,923160 (16%)$10,352
2021-22175 (16%)$5,251175 (16%)$4,680244 (22%)$10,669
Average174 (14.33%)$4,442174 (14.33%)$4,167229 (18.22%)$7,732

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

For the last 10 years, on average, 171 (18.22 % of students) received grants or scholarships and its average amount is $3,896. It can cover 13.21% of tuition & fees ($29,500).
In addition, 225 (22.78 % of students) students get helped from the students loans (average amount : $6,179).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14110 (20%)$4,465105 (19%)$4,875
2014-15132 (15%)$4,549135 (15%)$5,778
2015-16205 (20%)$4,073241 (24%)$6,858
2016-17134 (6%)$4,728189 (9%)$8,134
2017-18156 (7%)$3,593265 (12%)$6,345
2018-19191 (13%)$4,217323 (22%)$5,600
2019-20280 (44%)$3,627370 (58%)$5,851
2020-21156 (19%)$2,917158 (19%)$6,332
2021-22173 (20%)$2,896240 (27%)$5,836
Average171 (18.22%)$3,896225 (22.78%)$6,179
*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, 171 (18.22 % of students) received Pell (federal) grants and its average amount is $3,896.
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
2013-14110 (20%)$4,465------
2014-15132 (15%)$4,549------
2015-16205 (20%)$4,073------
2016-17134 (6%)$4,728------
2017-18156 (7%)$3,593------
2018-19191 (13%)$4,217------
2019-20280 (44%)$3,627------
2020-21156 (19%)$2,917------
2021-22173 (20%)$2,896------
Average171 (18.22%)$3,896------
*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, 225 (22.78 % of students) get any students loan help and its average loan amount is $225.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14105 (19%)$4,875105 (19%)$4,875--
2014-15135 (15%)$5,778135 (15%)$5,778--
2015-16241 (24%)$6,858241 (24%)$6,858--
2016-17189 (9%)$8,134189 (9%)$8,134--
2017-18265 (12%)$6,345265 (12%)$6,345--
2018-19323 (22%)$5,600323 (22%)$5,600--
2019-20370 (58%)$5,851370 (58%)$5,851--
2020-21158 (19%)$6,332158 (19%)$6,332--
2021-22240 (27%)$5,836240 (27%)$5,836--
Average225 (22.78%)$6,179225 (22.78%)$6,179--
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