How The New England Conservatory 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 The New England Conservatory of Music since 2013.

For that period, the average number of students who received grants aid/scholarships is 398, which is 92.00 % of all undergraduate students. 148 students which is 34.56% of undergraduate students received federal student loans and the average loan amount is $7,145.

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	389 (90%)	$17,412	68 (16%)	$4,347	188 (44%)	$7,888
2014-15	379 (92%)	$17,088	57 (14%)	$4,355	173 (42%)	$7,887
2015-16	377 (93%)	$17,467	49 (12%)	$4,467	161 (40%)	$8,942
2016-17	390 (94%)	$18,882	52 (13%)	$4,550	133 (32%)	$7,582
2017-18	406 (93%)	$19,517	59 (14%)	$4,464	142 (33%)	$6,173
2018-19	420 (90%)	$23,465	66 (14%)	$5,110	148 (32%)	$6,361
2019-20	462 (93%)	$22,560	64 (13%)	$4,570	156 (31%)	$6,571
2020-21	372 (92%)	$22,821	34 (8%)	$5,007	114 (28%)	$6,042
2021-22	387 (91%)	$21,601	41 (10%)	$5,340	121 (29%)	$6,855
Average	398 (92.00%)	$20,090	54 (12.67%)	$4,690	148 (34.56%)	$7,145

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

Overview

For the last 10 years, on average, 94 (96.11 % of students) received grants or scholarships and its average amount is $19,508. It can cover 33.32% of tuition & fees ($58,550).

In addition, 36 (38.00 % of students) students get helped from the students loans (average amount : $9,307).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	90 (97%)	$14,784	49 (53%)	$11,525
2014-15	75 (100%)	$17,018	32 (43%)	$10,508
2015-16	82 (95%)	$18,520	35 (41%)	$10,942
2016-17	119 (98%)	$20,815	38 (31%)	$11,662
2017-18	103 (95%)	$18,149	39 (36%)	$8,360
2018-19	103 (94%)	$21,030	37 (34%)	$7,998
2019-20	110 (94%)	$19,709	39 (33%)	$11,915
2020-21	79 (96%)	$23,478	30 (37%)	$5,014
2021-22	82 (96%)	$22,068	29 (34%)	$5,836
Average	94 (96.11%)	$19,508	36 (38.00%)	$9,307

^*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, 12 (12.33 % of students) received Pell (federal) grants and its average amount is $4,735.

In addition, 2 students received State/local government grants/scholarships (2.13 % 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	15 (16%)	$3,970	27 (29%)	$1,367	3 (3%)	$753	90 (97%)	$13,687
2014-15	9 (12%)	$3,532	22 (29%)	$1,364	1 (1%)	$500	75 (100%)	$16,188
2015-16	11 (13%)	$5,178	19 (22%)	$1,789	1 (1%)	$1,500	82 (95%)	$17,392
2016-17	17 (14%)	$4,718	29 (24%)	$1,948	2 (2%)	$6,300	119 (98%)	$19,561
2017-18	11 (10%)	$4,220	27 (25%)	$1,500	2 (2%)	$9,890	101 (94%)	$17,452
2018-19	19 (17%)	$5,166	27 (25%)	$1,741	2 (2%)	$2,500	103 (94%)	$19,572
2019-20	15 (13%)	$4,724	17 (15%)	$1,824	-	-	110 (94%)	$18,783
2020-21	7 (9%)	$5,402	20 (24%)	$2,211	4 (5%)	$2,625	79 (96%)	$22,307
2021-22	6 (7%)	$5,703	17 (20%)	$2,000	1 (1%)	$2,200	81 (95%)	$21,471
Average	12 (12.33%)	$4,735	23 (23.67%)	$1,749	2 (2.13%)	$3,284	93 (95.89%)	$18,490

^*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, 36 (38.00 % of students) get any students loan help and its average loan amount is $36.

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	49 (53%)	$11,525	48 (52%)	$7,081	12 (13%)	$18,739
2014-15	32 (43%)	$10,508	32 (43%)	$6,876	6 (8%)	$19,375
2015-16	35 (41%)	$10,942	35 (41%)	$7,742	6 (7%)	$18,667
2016-17	38 (31%)	$11,662	38 (31%)	$6,750	7 (6%)	$26,665
2017-18	39 (36%)	$8,360	39 (36%)	$5,163	3 (3%)	$41,561
2018-19	37 (34%)	$7,998	37 (34%)	$5,131	5 (5%)	$21,221
2019-20	39 (33%)	$11,915	39 (33%)	$5,443	9 (8%)	$28,046
2020-21	30 (37%)	$5,014	30 (37%)	$5,014	-	-
2021-22	29 (34%)	$5,836	28 (33%)	$5,045	1 (1%)	$28,000
Average	36 (38.00%)	$9,307	36 (37.78%)	$6,027	6 (6.38%)	$25,284

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Scholarships, Grants, and Loan Trends at The New England Conservatory of Music

All Undergraduate Students Financial Aid Over Time

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