by our College Data Analytics TeamA large number of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to New York Film Academy can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financing solutions does New York Film Academy deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to see how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from New York Film Academy.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at New York Film Academy, 93% of first-time, full-time freshmen received some form of financial aid approximately 216 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $12,222 |
| Institutional grants & scholarships | 91% | $10,354 |
| Federal Pell grants | 20% | $6,841 |
| State/local grants | 3% | $3,134 |
| Federal student loans | 30% | $7,798 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, some 88% of undergraduates were awarded grant or scholarship aid averaging $11,301 (across approximately 845 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $11,301 |
| Federal Pell grants | 18% | $6,930 |
| Federal student loans | 26% | $9,109 |
For students living on campus and receiving title-IV aid, grants averaged $23,199.
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 | $43,511 |
| $30,001 – $75,000 | $44,171 |
| Over $75,000 | $51,363 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $39,011 |
| Off-campus title-IV students | $46,420 |
For an estimate tailored to your family circumstances, see New York Film Academy’s online cost calculator: www.nyfa.edu/npc.html.
A typical borrower at New York Film Academy leaves with $10,750 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $10,750 |
| Median federal debt (graduates only) | $16,000 |
| Typical 10-year monthly payment (graduates) | $169.63/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at New York Film Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $14,750 |
| 90th percentile (highest-debt students) | $29,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $10,750 |
| High income | $12,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $12,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $9,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. New York Film Academy.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at New York Film Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2907 |
| Total Stafford loan amount | $61,234,371 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 116 |
| Total GI Bill amount | $3,260,793 |
| Average GI Bill amount per recipient | $28,110 |
References
More about our data sources and methodologies.