How The New School'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 School since 2013.

For that period, the average number of students who received grants aid/scholarships is 6,024, which is 85.56 % of all undergraduate students. 2,261 students which is 32.11% of undergraduate students received federal student loans and the average loan amount is $6,805.

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	5,177 (76%)	$14,835	1,536 (23%)	$4,392	2,608 (38%)	$7,331
2014-15	5,750 (83%)	$15,073	1,489 (21%)	$4,417	2,475 (36%)	$7,244
2015-16	6,010 (87%)	$15,161	1,481 (22%)	$4,465	2,404 (35%)	$7,007
2016-17	6,101 (86%)	$15,326	1,474 (21%)	$4,477	2,504 (35%)	$6,879
2017-18	5,972 (84%)	$16,566	1,434 (20%)	$4,550	2,356 (33%)	$6,893
2018-19	6,210 (84%)	$20,759	1,289 (17%)	$4,709	2,208 (30%)	$6,384
2019-20	6,300 (85%)	$21,696	1,225 (17%)	$4,908	2,199 (30%)	$6,797
2020-21	6,269 (98%)	$17,837	1,055 (16%)	$4,808	1,613 (25%)	$6,443
2021-22	6,426 (87%)	$20,315	1,197 (16%)	$4,954	1,981 (27%)	$6,266
Average	6,024 (85.56%)	$17,508	1,353 (19.22%)	$4,631	2,261 (32.11%)	$6,805

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

Overview

For the last 10 years, on average, 1,290 (91.11 % of students) received grants or scholarships and its average amount is $19,091. It can cover 33.90% of tuition & fees ($56,311).

In addition, 526 (37.11 % of students) students get helped from the students loans (average amount : $9,329).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	951 (95%)	$15,996	409 (41%)	$9,496
2014-15	1,109 (95%)	$17,299	493 (42%)	$7,604
2015-16	1,187 (94%)	$17,839	518 (41%)	$8,278
2016-17	1,333 (85%)	$19,358	663 (42%)	$8,859
2017-18	1,328 (86%)	$19,016	610 (39%)	$10,195
2018-19	1,597 (91%)	$19,235	600 (34%)	$10,521
2019-20	1,196 (84%)	$21,243	509 (36%)	$10,052
2020-21	1,206 (99%)	$20,330	333 (27%)	$8,581
2021-22	1,699 (91%)	$21,504	602 (32%)	$10,379
Average	1,290 (91.11%)	$19,091	526 (37.11%)	$9,329

^*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, 292 (20.89 % of students) received Pell (federal) grants and its average amount is $4,758.

In addition, 73 students received State/local government grants/scholarships (5.56 % 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	241 (24%)	$4,525	104 (10%)	$769	82 (8%)	$3,678	951 (95%)	$14,448
2014-15	325 (28%)	$4,502	167 (14%)	$827	115 (10%)	$3,982	1,106 (95%)	$15,484
2015-16	328 (26%)	$4,633	148 (12%)	$782	108 (9%)	$3,787	1,187 (94%)	$16,117
2016-17	349 (22%)	$4,591	164 (10%)	$797	93 (6%)	$4,811	1,329 (85%)	$17,776
2017-18	314 (20%)	$4,480	151 (10%)	$1,356	75 (5%)	$4,859	1,325 (85%)	$17,567
2018-19	303 (17%)	$4,919	147 (8%)	$1,413	63 (4%)	$3,291	1,596 (91%)	$18,053
2019-20	260 (18%)	$5,078	217 (15%)	$1,708	52 (4%)	$4,194	1,191 (83%)	$19,729
2020-21	206 (17%)	$5,000	205 (17%)	$3,906	24 (2%)	$3,296	1,206 (99%)	$18,746
2021-22	302 (16%)	$5,093	506 (27%)	$4,205	43 (2%)	$4,436	1,695 (91%)	$19,280
Average	292 (20.89%)	$4,758	201 (13.67%)	$1,751	73 (5.56%)	$4,037	1,287 (90.89%)	$17,467

^*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, 526 (37.11 % of students) get any students loan help and its average loan amount is $526.

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	409 (41%)	$9,496	404 (41%)	$5,887	64 (6%)	$23,519
2014-15	493 (42%)	$7,604	490 (42%)	$5,615	49 (4%)	$20,361
2015-16	518 (41%)	$8,278	517 (41%)	$5,505	55 (4%)	$26,216
2016-17	663 (42%)	$8,859	655 (42%)	$5,667	84 (5%)	$25,735
2017-18	610 (39%)	$10,195	598 (39%)	$5,635	95 (6%)	$29,988
2018-19	600 (34%)	$10,521	586 (33%)	$5,177	116 (7%)	$28,269
2019-20	509 (36%)	$10,052	498 (35%)	$5,283	83 (6%)	$29,943
2020-21	333 (27%)	$8,581	319 (26%)	$5,138	51 (4%)	$23,894
2021-22	602 (32%)	$10,379	581 (31%)	$5,129	93 (5%)	$35,146
Average	526 (37.11%)	$9,329	516 (36.67%)	$5,448	77 (5.22%)	$27,008

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Scholarships, Grants, and Loan Trends at The New School

All Undergraduate Students Financial Aid Over Time

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