by our College Data Analytics TeamA lot of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at New York College of Traditional Chinese Medicine can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial assistance solutions will New York Institute of Chinese Medicine provide, and just what are you going to be eligible for? Read on for answers. Keep reading to find out just how much financial aid will be open 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 College of Traditional Chinese Medicine.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance.
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 0% | — |
| Federal Pell grants | 0% | — |
| Federal student loans | 0% | — |
The middle student in the debt distribution at New York Institute of Chinese Medicine owes $12,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,500 |
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at New York Institute of Chinese Medicine.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $8,000 |
| 75th percentile | $16,664 |
The figure below distills the debt data into a single burden category for New York Institute of Chinese Medicine.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at New York Institute of Chinese Medicine:
| Metric | Value |
|---|---|
| Stafford loan recipients | 356 |
| Total Stafford loan amount | $14,007,609 |
References
More about our data sources and methodologies.