Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 355, which is 76.44 % of all undergraduate students. 170 students which is 37.22% of undergraduate students received federal student loans and the average loan amount is $9,060.

For full-time, first-time beginning students (freshmen), 73.11% of students received grants or scholarships and 46% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Manhattan School of Music since 2013.

For that period, the average number of students who received grants aid/scholarships is 355, which is 76.44 % of all undergraduate students. 170 students which is 37.22% of undergraduate students received federal student loans and the average loan amount is $9,060.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14223 (59%)$20,06858 (15%)$3,950122 (32%)$6,850
2014-15249 (64%)$20,81949 (13%)$4,606117 (30%)$6,878
2015-16353 (86%)$19,39757 (14%)$4,509274 (67%)$8,895
2016-17392 (80%)$20,61563 (13%)$4,789163 (33%)$6,394
2017-18383 (78%)$21,76662 (13%)$4,915160 (33%)$6,310
2018-19351 (74%)$23,70061 (13%)$4,858162 (34%)$6,537
2019-20440 (85%)$24,79371 (14%)$4,995193 (37%)$6,398
2020-21404 (81%)$25,11580 (16%)$4,841163 (33%)$26,692
2021-22404 (81%)$24,80474 (15%)$4,731179 (36%)$6,588
Average355 (76.44%)$22,34264 (14.00%)$4,688170 (37.22%)$9,060
*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.

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

For the last 10 years, on average, 86 (73.11 % of students) received grants or scholarships and its average amount is $23,574. It can cover 43.18% of tuition & fees ($54,600).

In addition, 54 (45.56 % of students) students get helped from the students loans (average amount : $10,827).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1445 (56%)$22,06122 (27%)$5,685
2014-1574 (65%)$21,72236 (32%)$6,040
2015-1667 (60%)$21,31436 (32%)$6,824
2016-17111 (83%)$24,90627 (20%)$7,920
2017-1882 (71%)$23,65866 (57%)$3,011
2018-19106 (77%)$26,854104 (75%)$3,564
2019-2097 (84%)$26,70849 (43%)$9,020
2020-2198 (81%)$23,60696 (79%)$48,996
2021-2298 (81%)$21,33554 (45%)$6,386
Average86 (73.11%)$23,57454 (45.56%)$10,827
*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, 16 (14.11 % of students) received Pell (federal) grants and its average amount is $4,679.

In addition, 4 students received State/local government grants/scholarships (3.56 % 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
2013-1412 (15%)$3,82712 (15%)$1,2654 (5%)$4,08340 (49%)$22,882
2014-1512 (11%)$4,16012 (11%)$1,5541 (1%)$4,35170 (62%)$21,921
2015-1615 (13%)$4,49814 (13%)$1,8145 (4%)$4,21957 (51%)$23,054
2016-1719 (14%)$5,13015 (11%)$2,0009 (7%)$2,172105 (78%)$24,929
2017-1816 (14%)$5,39514 (12%)$1,9572 (2%)$2,31177 (67%)$23,657
2018-1923 (17%)$4,92322 (16%)$2,0143 (2%)$1,423104 (75%)$25,814
2019-2018 (16%)$5,33915 (13%)$3,4336 (5%)$2,83393 (81%)$26,087
2020-2117 (14%)$4,017--5 (4%)$4,28595 (79%)$23,407
2021-2216 (13%)$4,8255 (4%)$1,5142 (2%)$98498 (81%)$20,449
Average16 (14.11%)$4,67914 (11.88%)$1,9444 (3.56%)$2,96282 (69.22%)$23,578
*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, 54 (45.56 % of students) get any students loan help and its average loan amount is $54.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1422 (27%)$5,68522 (27%)$5,685--
2014-1536 (32%)$6,04036 (32%)$5,9291 (1%)$4,000
2015-1636 (32%)$6,82436 (32%)$5,6464 (4%)$10,604
2016-1727 (20%)$7,92026 (19%)$7,4551 (1%)$20,000
2017-1866 (57%)$3,01166 (57%)$3,011--
2018-19104 (75%)$3,56499 (72%)$2,9525 (4%)$15,682
2019-2049 (43%)$9,02042 (37%)$5,9547 (6%)$27,418
2020-2196 (79%)$48,99683 (69%)$52,41913 (11%)$27,139
2021-2254 (45%)$6,38653 (44%)$5,3693 (2%)$20,094
Average54 (45.56%)$10,82751 (43.22%)$10,4915 (4.14%)$17,848

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