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Allen School - Brooklyn Financial Aid & Scholarships

98% Freshmen Get Financial Aid
$5,528 Average Grant & Scholarship
91% Undergrads Get Grant Aid

Most students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Allen School - Brooklyn can sound overpowering, but remember that the majority of students get some type of financial assistance.

What financing options does Allen School - Brooklyn offer, and what will you qualify for? Keep scrolling for more information. Scroll down to find out what amount of financial assistance will be accessible to you.

Understanding Allen School - Brooklyn Financial Aid Info

Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Allen School - Brooklyn.

Typical First Year Financial Aid at Allen School - Brooklyn

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

Among first-time, full-time freshmen at Allen School - Brooklyn, 98% of first-time, full-time freshmen received some form of financial aid (about 240 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)95%$5,697
Institutional grants & scholarships0%
Federal Pell grants95%$5,697
State/local grants0%
Federal student loans92%$6,720

Scholarships and Grants at Allen School - Brooklyn

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Allen School - Brooklyn, approximately 91% of the undergraduate population received grant aid that averaged $5,528 (covering around 514 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)91%$5,528
Federal Pell grants91%$5,528
Federal student loans89%$6,535

On-campus students receiving title-IV aid were awarded grants averaging $5,697.

How Cost Varies by Income at Allen School - Brooklyn

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$25,847
$30,001 – $75,000$28,110

The numbers above are post-aid net prices, so they already account for grants and scholarships.

Average Net Price for Allen School - Brooklyn

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$26,106
Off-campus title-IV students$25,874

To project your own net price, use Allen School - Brooklyn’s net price calculator: www.allenschool.edu/tuition-calculators.

Student Debt Levels at Allen School - Brooklyn

The median federal debt load at Allen School - Brooklyn comes to $9,500 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$9,500
Median federal debt (graduates only)$9,500
Typical 10-year monthly payment (graduates)$100.72/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

Debt Spread by Percentile

The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Allen School - Brooklyn.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,750
25th percentile$5,500
75th percentile$9,500
90th percentile (highest-debt students)$11,565

Student Debt by Cohort at Allen School - Brooklyn

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

By Family Income

Income tierMedian federal debt
Low income$9,500
Middle income$6,247
High income$5,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$9,500
Continuing-generation students$8,343

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,500
Independent students$9,500

Calculated Debt-Outcome Indicators

A handful of calculated indicators summarize the debt outlook at Allen School - Brooklyn.

Federal Stafford Lending at Allen School - Brooklyn

The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Allen School - Brooklyn:

MetricValue
Stafford loan recipients16449
Total Stafford loan amount$131,706,824

More Financial Aid Resources from Allen School - Brooklyn

References

More about our data sources and methodologies.

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