Scholarships, Grants, and Loan Trends at Mount Sinai Phillips School of Nursing

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 169, which is 71.56 % of all undergraduate students. 163 students which is 66.56% of undergraduate students received federal student loans and the average loan amount is $9,810.
For full-time, first-time beginning students (freshmen), 50.00% of students received grants or scholarships and 75% 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 Mount Sinai Phillips School of Nursing since 2013.
For that period, the average number of students who received grants aid/scholarships is 169, which is 71.56 % of all undergraduate students. 163 students which is 66.56% of undergraduate students received federal student loans and the average loan amount is $9,810.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14213 (79%)$9,64167 (25%)$2,825148 (55%)$8,332
2014-15256 (92%)$9,72687 (31%)$3,025165 (59%)$9,266
2015-16250 (98%)$8,42866 (26%)$2,925184 (72%)$7,704
2016-17197 (98%)$5,14442 (21%)$3,903107 (53%)$10,138
2017-18162 (91%)$3,48837 (21%)$5,016102 (57%)$11,171
2018-19160 (80%)$3,18647 (24%)$3,483153 (77%)$9,074
2019-2085 (33%)$2,22826 (10%)$2,516194 (74%)$10,428
2020-2189 (35%)$2,420--184 (72%)$10,461
2021-22110 (38%)$5,148--231 (80%)$11,715
Average169 (71.56%)$5,49053 (22.57%)$3,385163 (66.56%)$9,810

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

For the last 10 years, on average, 1 (50.00 % of students) received grants or scholarships and its average amount is $18,527. It can cover 40.68% of tuition & fees ($45,538).
In addition, 1 (75.00 % of students) students get helped from the students loans (average amount : $7,500).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141 (50%)$18,5271 (50%)$5,500
2014-15--1 (100%)$9,500
2015-16----
2016-17----
2017-18----
2018-19----
2019-20----
2020-21----
2021-22----
Average1 (50.00%)$18,5271 (75.00%)$7,500
*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, 1 (50.00 % of students) received Pell (federal) grants and its average amount is $3,527.
In addition, 1 students received State/local government grants/scholarships (50.00 % 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
2013-141 (50%)$3,527--1 (50%)$5,0001 (50%)$10,000
2014-15--------
2015-16--------
2016-17--------
2017-18--------
2018-19--------
2019-20--------
2020-21--------
2021-22--------
Average1 (50.00%)$3,527--1 (50.00%)$5,0001 (50.00%)$10,000
*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, 1 (75.00 % of students) get any students loan help and its average loan amount is $1.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141 (50%)$5,5001 (50%)$5,500--
2014-151 (100%)$9,5001 (100%)$9,500--
2015-16------
2016-17------
2017-18------
2018-19------
2019-20------
2020-21------
2021-22------
Average1 (75.00%)$7,5001 (75.00%)$7,500--
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