by our College Data Analytics TeamA lot of students will never be charged 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 New York Automotive and Diesel Institute can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does New York Automotive and Diesel Institute provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to discover what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from New York Automotive and Diesel Institute.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at New York Automotive and Diesel Institute, 97% of first-year full-time students received aid of some kind approximately 152 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $9,582 |
| Institutional grants & scholarships | 10% | $2,791 |
| Federal Pell grants | 78% | $7,997 |
| State/local grants | 69% | $2,276 |
| Federal student loans | 86% | $11,100 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At New York Automotive and Diesel Institute, around 72% of undergrads got grants or scholarships worth on average $6,535 (across approximately 507 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $6,535 |
| Federal Pell grants | 66% | $5,421 |
| Federal student loans | 60% | $8,693 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $8,427.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $22,159 |
| $30,001 – $75,000 | $22,856 |
| Over $75,000 | $23,387 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $24,721 |
| Off-campus title-IV students | $22,466 |
To get a personalized net price estimate, try New York Automotive and Diesel Institute’s net price calculator: www.nyadi.edu/wp-content/uploads/Files/NetPriceCalculator/index.html.
Graduating students at New York Automotive and Diesel Institute carry a median federal student debt of $14,250 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,250 |
| Median federal debt (graduates only) | $16,064 |
| Typical 10-year monthly payment (graduates) | $170.31/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at New York Automotive and Diesel Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,497 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $14,750 |
| Middle income | $12,000 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,433 |
| Continuing-generation students | $12,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $17,703 |
These indicators are derived from the underlying debt data and summarize the overall picture at New York Automotive and Diesel Institute.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at New York Automotive and Diesel Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4495 |
| Total Stafford loan amount | $44,838,806 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 36 |
| Total GI Bill amount | $493,829 |
| Average GI Bill amount per recipient | $13,717 |
References
More about our data sources and methodologies.