by our College Data Analytics TeamMany students are not billed 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 sum total of attendance at CUNY Lehman College can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial assistance options will Lehman offer you, and what will you qualify for? Read on for more information. Read on to see how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from CUNY Lehman College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at CUNY Lehman College, 94% of the incoming full-time class was awarded financial aid some 1288 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $10,151 |
| Institutional grants & scholarships | 73% | $1,054 |
| Federal Pell grants | 79% | $6,286 |
| State/local grants | 87% | $4,230 |
| Federal student loans | 3% | $4,659 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Lehman, roughly 73% of undergraduates were awarded an average grant or scholarship of $8,380 (for some 8168 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $8,380 |
| Federal Pell grants | 60% | $5,807 |
| Federal student loans | 12% | $6,416 |
On-campus students receiving title-IV aid were awarded grants averaging $10,973.
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 | $2,572 |
| $30,001 – $75,000 | $5,088 |
| Over $75,000 | $9,481 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $3,148 |
| Off-campus title-IV students | $3,482 |
For a personalized estimate based on your family’s financial situation, use Lehman’s net price tool: npc.cuny.edu/npc/public/fin_aid/financial_aid_estimator/FinAidEstimator.jsp.
The median student at Lehman graduates with $8,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,500 |
| Median federal debt (graduates only) | $10,950 |
| Typical 10-year monthly payment (graduates) | $116.09/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Lehman.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,400 |
| 75th percentile | $15,020 |
| 90th percentile (highest-debt students) | $24,593 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,756 |
| Middle income | $9,630 |
| High income | $11,287 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,500 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,795 |
| Independent students | $10,029 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Lehman.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Lehman:
| Metric | Value |
|---|---|
| Stafford loan recipients | 21445 |
| Total Stafford loan amount | $355,425,992 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 60 |
| Total GI Bill amount | $259,370 |
| Average GI Bill amount per recipient | $4,323 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 7 |
| Total DoD amount | $16,737 |
| Average DoD amount per recipient | $2,391 |
References
More about our data sources and methodologies.