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Can You Afford to Attend New College of Florida?

Here’s the full picture on paying for New College of Florida, including attendance costs, projected four- and two-year degree costs, average net price, debt outcomes, and how aid is distributed across income levels.

$20,732.00 Cost of Attendance
$7,195.00 Avg Net Price
$12,000.00 Median Grad Debt

If you want to dig into a particular figure, jump to any section below:

Cost of Attendance at New College of Florida?

Published attendance costs at New College of Florida varied between $20,732.00 ranging to $43,760.00 depending on residency and living arrangement.

The lower figure reflects the in-state rate and the higher figure the out-of-state rate: about $20,732.00 in-state against $43,760.00 for those paying out-of-state rates.

Here the cost is broken out three ways: no aid, average aid, and the aid a low-income student typically receives.

What It Costs Residents (no aid)

Tuition and fees $6,916.00
+ Room, board & other expenses $13,816.00
Total cost $20,732.00
That is 8% above the national average net price.

What Students Actually Pay — Residents (with average aid)

Total cost $20,732.00
− Grants and scholarships −$17,254.00
Net price $3,478.00
That is 82% below the national average net price.

Net Price for Low-Income Residents

Total cost $20,732.00
− Grants and scholarships −$20,858.00
Net price $-126.00
That is 101% below the national average net price.

Cost for Non-Residents (no aid)

Tuition and fees $29,944.00
+ Room, board & other expenses $13,816.00
Total cost $43,760.00
That is 127% above the national average net price.

What Non-Residents Actually Pay — Non-Residents (with average aid)

Total cost $43,760.00
− Grants and scholarships −$17,254.00
Net price $26,506.00
That is 38% above the national average net price.

Low-Income Net Price for Non-Residents

Total cost $43,760.00
− Grants and scholarships −$20,858.00
Net price $22,902.00
That is 19% above the national average net price.
Go deeper on the components with tuition and fees and living costs.

Projected Cost of a Degree at New College of Florida

The tables below project a full degree at the current published cost. The projections below run a full degree for a low-income aided student, an average-aid student, and the full sticker price. Loan figures amortise the projected total over ten years at 6.8%.

In-State Projected Costs

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 0% 0% 0%
Freshman year $-126.00 $3,478.00 $20,732.00
Senior year $-126.00 $3,478.00 $20,732.00
Total 4-year net price $-504.00 $13,912.00 $82,928.00
10-year loan interest @ 6.8% $-192.00 $5,300.00 $31,593.00
Total monthly payment $-6.00 $160.00 $954.00
Total amount paid $-696.00 $19,212.00 $114,521.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 0% 0% 0%
Freshman year $-126.00 $3,478.00 $20,732.00
Senior year $-126.00 $3,478.00 $20,732.00
Total 2-year net price $-252.00 $6,956.00 $41,464.00
10-year loan interest @ 6.8% $-96.00 $2,650.00 $15,796.00
Total monthly payment $-3.00 $80.00 $477.00
Total amount paid $-348.00 $9,606.00 $57,260.00

Out-of-State Residents

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 0% 0% 0%
Freshman year $22,902.00 $26,506.00 $43,760.00
Senior year $22,902.00 $26,506.00 $43,760.00
Total 4-year net price $91,608.00 $106,024.00 $175,040.00
10-year loan interest @ 6.8% $34,899.00 $40,391.00 $66,684.00
Total monthly payment $1,054.00 $1,220.00 $2,014.00
Total amount paid $126,507.00 $146,415.00 $241,724.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 0% 0% 0%
Freshman year $22,902.00 $26,506.00 $43,760.00
Senior year $22,902.00 $26,506.00 $43,760.00
Total 2-year net price $45,804.00 $53,012.00 $87,520.00
10-year loan interest @ 6.8% $17,450.00 $20,196.00 $33,342.00
Total monthly payment $527.00 $610.00 $1,007.00
Total amount paid $63,254.00 $73,208.00 $120,862.00
See the full net-price breakdown in the Net Price section.

The Real Out-of-Pocket Cost at New College of Florida

Net price strips out grant and scholarship aid to show what families really pay. This is the more honest cost figure for most families, since it accounts for institutional and federal aid.

Average net price (on-campus) $7,195.00
Average net price (off-campus) $4,536.00

Net price is far from uniform: lower-income families typically pay much less after aid. The figures below give average net price by income bracket:

Family income Average net price
Under $30,000 $1,528.00
$30,000 to $48,000 $3,287.00
$48,001 to $75,000 $2,632.00
$75,001 to $110,000 $6,901.00
Over $110,000 $12,891.00

Use New College of Florida Net Price Calculator, or visit the financial aid office.

Curious how grants and scholarships are distributed? Explore the financial aid breakdown.

Student Debt at New College of Florida

Median graduate debt at New College of Florida comes to $12,000.00, which the Department of Education classifies as a Low ($10-20k) burden category.

Here’s how debt at graduation distributes across borrowers:

Percentile Debt at graduation
10th $2,750.00
25th $5,500.00
Median (50th) $12,000.00
75th $18,750.00
90th $25,000.00

The spread between the 10th and 90th percentiles reflects how variable debt outcomes are at this school.

Read the complete debt breakdown on the student loan debt detail.

Income and Debt Outcomes at New College of Florida

Student debt at graduation is not evenly distributed across income levels. Below, debt is broken out by low, middle, and high family income:

Family income Median debt at graduation
Low income $11,383.00
Middle income $13,191.00
High income $12,153.00

Debt by First-Generation Status at New College of Florida

Whether your parents attended college is associated with differences in median debt at graduation.

Student group Median debt at graduation
First-generation students $12,552.00
Continuing-generation students $10,269.00

First-gen borrowers at New College of Florida hold $2,283.00 more debt than continuing-generation students.

Loan Default & Repayment at New College of Florida

The federal default-rate classification for New College of Florida is Low (<5%).

Window Cohort default rate
2-year 1.0%

To give some context for these rates, Stafford loans disbursed at New College of Florida reach $19,398,258.00 across 1,516 loan recipients.

Military and Veteran Aid at New College of Florida

Veterans and active-duty students can access dedicated federal education aid including the GI Bill and Tuition Assistance from the Department of Defense.

GI Bill recipients 1
Avg GI Bill amount $6,916.00

Read more about military and veteran aid on the veteran aid breakdown.

Further Questions to Consider

The figures above are a starting point — as you weigh New College of Florida, keep these questions in mind:

Continue Your Research regarding New College of Florida

Each page below covers one part of paying for college in more detail:

Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.

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