by our College Data Analytics TeamThe total cost of attendance at New College of Florida can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from New College.
New College of Florida average financial aid offer for freshmen students is $8,769.00. 99% of reshman students get financial aid, most of which is in the form of grants and scholarships
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at New College of Florida.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The numbers listed below make reference to help that is offered by New College of Florida.
99% of new students (146 total) were given scholarships at New College of Florida, averaging $4,947.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 43% of first-year students (63 total) got a federal grant, for about $3,664.00 per person.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 11.56% | $13,003.00 |
| Income 30k-48k | 6.80% | $12,815.00 |
| Income 48k-75k | 6.80% | $10,094.00 |
| Income 75k-110k | 6.12% | $6,968.00 |
| Income 110k + | 7.48% | $6,701.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
99% of the 147 undergraduates at New College of Florida receive some sort of grant aid. This is a total of about 146 students getting an average of $8,769.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
