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 sum total of attendance at New York Institute of Massage Inc can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does New York Institute of Massage Inc provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to discover 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 figures below will help you estimate the aid you might receive from New York Institute of Massage Inc.
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 incoming first-year students at New York Institute of Massage Inc, 96% of new full-time first-years were awarded at least some aid approximately 47 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $6,515 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 67% | $6,515 |
| State/local grants | 0% | — |
| Federal student loans | 67% | $10,758 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At New York Institute of Massage Inc, some 35% of undergraduate students received gift aid averaging $4,581 (across roughly 50 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 35% | $4,581 |
| Federal Pell grants | 35% | $4,581 |
| Federal student loans | 49% | $5,468 |
For on-campus title-IV students, average grant aid came to $4,574.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $26,820 |
| $30,001 – $75,000 | $28,891 |
| Over $75,000 | $30,587 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $27,232 |
| Off-campus title-IV students | $27,645 |
For an estimate tailored to your family circumstances, see New York Institute of Massage Inc’s online cost calculator: nyinstituteofmassage.com/gedt/51.3501-Gedt.html.
The middle student in the debt distribution at New York Institute of Massage Inc owes $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $10,322 |
| Typical 10-year monthly payment (graduates) | $109.43/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at New York Institute of Massage Inc.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $12,113 |
| 90th percentile (highest-debt students) | $12,113 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at New York Institute of Massage Inc.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at New York Institute of Massage Inc:
| Metric | Value |
|---|---|
| Stafford loan recipients | 867 |
| Total Stafford loan amount | $7,434,103 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $29,100 |
| Average GI Bill amount per recipient | $14,550 |
References
More about our data sources and methodologies.