by our College Data Analytics TeamA large number of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Career School of NY can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial assistance solutions will Career School of NY deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to discover how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Career School of NY.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Career School of NY, 100% of the incoming full-time class was awarded financial aid (about 105 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,663 |
| Institutional grants & scholarships | 1% | $4,457 |
| Federal Pell grants | 100% | $6,619 |
| State/local grants | 1% | $207 |
| Federal student loans | 71% | $3,333 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Career School of NY, roughly 56% of the undergraduate population received grant aid that averaged $5,379 (covering around 131 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $5,379 |
| Federal Pell grants | 56% | $5,344 |
| Federal student loans | 56% | $1,908 |
For on-campus title-IV students, average grant aid came to $6,470.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,631 |
| $30,001 – $75,000 | $7,635 |
| Over $75,000 | $9,994 |
Each figure is the net price after grants and scholarships, not the published sticker price.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $3,283 |
| Off-campus title-IV students | $2,150 |
To get a personalized net price estimate, try Career School of NY’s net price calculator: www.careerschoolny.com/.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Career School of NY.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $2,807 |
| 75th percentile | $6,746 |
The figure below distills the debt data into a single burden category for Career School of NY.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Career School of NY:
| Metric | Value |
|---|---|
| Stafford loan recipients | 510 |
| Total Stafford loan amount | $2,568,027 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 232 |
| Total GI Bill amount | $7,395 |
| Average GI Bill amount per recipient | $32 |
References
More about our data sources and methodologies.