Why Undertanding Financial Aid is Important
The amount of financial aid and scholarships you are eligible for may vary according to your family's income level. Continue reading to find information on just how much assistance , scholarships and grants can be expected from DeVry College of New York.
How Many Students Get Financial Aid?
DeVry College of New York's typical financial aid package for new freshmen is $15,689. About 88.0% of new students receive some kind of financial aid, most of which is in the form of loans.
Loans are a part of financial aid packages, however the only true college discount is a grant or scholarship that you don't need to repay.
A student loan is not a legitimate college discount, but rather an outcome to consider. Learn how much student loan debt from DeVry College of New York you could end up taking on.
How Much Aid is Available That I Don't Have to Repay? (A.K.A. Scholarships & Grants)?
The following grants and scholarships are made up of primarily federally provided grants, plus some local and state awards. 72.0% of freshman students at DeVry College of New York (31 total) got a federal grant, averaging $4,865. As well as grants, 47.0% of freshman students (20 total) got scholarships by the college, totaling $2,391 each.
How are scholarships and grants distributed to freshman at DeVry College of New York? View the graph below.
Grants are usually based on need while scholarships are based on merit or ability.
How Income Level Affects Financial Aid
The below chart demonstrates grant and scholarship distributed by income for freshman students getting any type of federal Title IV assistance, such as Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||4.7%||$4,450|
Title IV aid includes loans, grants, or work study granted from the government generally based on need. Learn more here.
The Standard Undergraduate Who Gets Scholarship or Grant Will get $5,038
84.0% of the 1,302 undergraduate students at DeVry College of New York receive some form of grant aid. A total around 1,092 students getting an average of $5,038 per person. The most of which are in the form of Pell Grants.
Financial Aid Links from DeVry College of New York
|Financial Aid Department Website||www.devry.edu/financial-aid.html|
|Net Price Calculator||www.devry.edu/financial-aid/net-price-calculator.html|