by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
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 England Culinary Institute.
New England Culinary Institute average financial aid offer for freshmen students is $3,787.00. Financial aid is provided to about 71% of first-year students, with the bulk of support coming in the form of loans.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from New England Culinary Institute you may end up taking on.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers below apply to scholarships and grants primarily provided by New England Culinary Institute.
61% of new students (17 total) were offered scholarships at New England Culinary Institute, averaging $2,830.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 50% of first years (14 total) were awarded federal grant aid, averaging $1,974.00 each.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 7.14% | $6,986.00 |
| Income 30k-48k | 21.43% | $5,553.00 |
| Income 48k-75k | 10.71% | $1,481.00 |
| Income 75k-110k | 7.14% | $1,250.00 |
| Income 110k + | 3.57% | $5,250.00 |
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.
71% of the 28 undergraduates at New England Culinary Institute receive some sort of grant aid. This is a total of about 20 students getting an average of $3,787.00 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.
