by our College Data Analytics TeamA large number of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at CUNY New York City College of Technology can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financing solutions does City Tech deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to see how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at CUNY New York City College of Technology.
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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At CUNY New York City College of Technology, 86% of first-time, full-time freshmen received some form of financial aid around 2719 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $8,206 |
| Institutional grants & scholarships | 64% | $995 |
| Federal Pell grants | 73% | $5,619 |
| State/local grants | 69% | $3,199 |
| Federal student loans | 2% | $4,163 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, about 66% of undergrads got grants or scholarships worth on average $7,495 (for some 9078 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $7,495 |
| Federal Pell grants | 55% | $5,348 |
| Federal student loans | 5% | $5,642 |
For students living on campus and receiving title-IV aid, grants averaged $8,983.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,058 |
| $30,001 – $75,000 | $5,861 |
| Over $75,000 | $10,511 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $5,127 |
| Off-campus title-IV students | $4,783 |
To project your own net price, use City Tech’s official net price calculator: npc.cuny.edu/npc/public/fin_aid/financial_aid_estimator/FinAidEstimator.jsp.
A typical borrower at City Tech leaves with $7,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,000 |
| Median federal debt (graduates only) | $10,533 |
| Typical 10-year monthly payment (graduates) | $111.67/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at City Tech.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,361 |
| 75th percentile | $14,094 |
| 90th percentile (highest-debt students) | $25,312 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,227 |
| Middle income | $6,270 |
| High income | $7,166 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,888 |
| Continuing-generation students | $7,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,731 |
A handful of calculated indicators summarize the debt outlook at City Tech.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at City Tech:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14411 |
| Total Stafford loan amount | $164,519,414 |
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 | 72 |
| Total GI Bill amount | $400,303 |
| Average GI Bill amount per recipient | $5,560 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 22 |
| Total DoD amount | $61,414 |
| Average DoD amount per recipient | $2,792 |
References
More about our data sources and methodologies.