by our College Data Analytics TeamMany students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Mildred Elley-New York Campus can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will Mildred Elley NYC provide, and just what are you going to be eligible for? Read on for answers. Keep reading to discover just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Mildred Elley-New York Campus.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Mildred Elley-New York Campus, 95% of first-year full-time students received aid of some kind some 296 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $8,603 |
| Institutional grants & scholarships | 1% | $1,750 |
| Federal Pell grants | 86% | $6,708 |
| State/local grants | 49% | $3,073 |
| Federal student loans | 92% | $10,934 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Mildred Elley NYC, around 72% of undergrads got grants or scholarships worth on average $6,784 (across approximately 727 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $6,784 |
| Federal Pell grants | 69% | $5,469 |
| Federal student loans | 80% | $9,217 |
On-campus students receiving title-IV aid were awarded grants averaging $7,818.
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 | $23,463 |
| $30,001 – $75,000 | $23,856 |
| Over $75,000 | $27,567 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $25,431 |
| Off-campus title-IV students | $23,697 |
For an estimate tailored to your family circumstances, see Mildred Elley NYC’s net price calculator: www.mildred-elley.edu/net-price-calculator/.
The median student at Mildred Elley NYC graduates with $12,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $19,000 |
| Typical 10-year monthly payment (graduates) | $201.43/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. These percentiles trace how cumulative federal debt is spread among borrowers at Mildred Elley NYC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,925 |
| 75th percentile | $18,613 |
| 90th percentile (highest-debt students) | $23,450 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
| Middle income | $12,250 |
| High income | $9,875 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,072 |
| Continuing-generation students | $10,999 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,501 |
| Independent students | $12,850 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Mildred Elley NYC.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Mildred Elley NYC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 17145 |
| Total Stafford loan amount | $233,082,768 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 5 |
| Total GI Bill amount | $75,581 |
| Average GI Bill amount per recipient | $15,116 |
References
More about our data sources and methodologies.