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New York School of Interior Design Financial Aid and Scholarship Details

50% Freshmen Get Financial Aid
$7,042 Average Grant & Scholarship
19% Undergrads Get Grant Aid

A 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 School of Interior Design can sound tremendous, but do not forget that almost all students get some type of financial help.

What financing options does NYSID offer you, and what will you qualify for? Keep scrolling for more information. Keep reading to find out how much school funding will be available to you.

Understanding NYSID Financial Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from New York School of Interior Design.

Typical First Year Financial Aid at New York School of Interior Design

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

For incoming first-year students at New York School of Interior Design, 50% of first-time, full-time freshmen received some form of financial aid approximately 10 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)35%$4,840
Institutional grants & scholarships10%$4,500
Federal Pell grants25%$4,238
State/local grants5%$1,687
Federal student loans40%$6,500

Scholarship and Grant Awards at New York School of Interior Design

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, around 19% of undergraduate students received gift aid averaging $7,042 (across approximately 85 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)19%$7,042
Federal Pell grants15%$4,007
Federal student loans24%$7,114

For on-campus title-IV students, average grant aid came to $3,459.

Aid by Income Level at New York School of Interior Design

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$41,089
$30,001 – $75,000$36,808
Over $75,000$41,694

Each amount is the average cost remaining once grant aid is subtracted, by income band.

What a Degree Really Costs at New York School of Interior Design

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$45,271
Off-campus title-IV students$41,358

For an estimate tailored to your family circumstances, see NYSID’s net price calculator: www.nysid.edu/financial-aid/net-price-calculator.

Median Student Debt for Graduates of New York School of Interior Design

The median federal debt load at NYSID comes to $12,750 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$12,750

The Full Range of Student Debt

The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at NYSID.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$4,750
25th percentile$9,219
75th percentile$28,500
90th percentile (highest-debt students)$44,000

How Debt Outcomes Vary by Student Group at New York School of Interior Design

Median debt varies by family income, by first-generation status, and by dependency status.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$14,250
Middle income$9,500
High income$13,000

By First-Generation Status

CohortMedian federal debt
First-generation students$14,250
Continuing-generation students$9,500

By Dependency Status

CohortMedian federal debt
Dependent students$14,250
Independent students$9,500

Debt Burden Indicators

The figure below distills the debt data into a single burden category for NYSID.

Federal Student Loans at New York School of Interior Design

Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at NYSID:

MetricValue
Stafford loan recipients1229
Total Stafford loan amount$30,405,510

GI Bill and DoD Benefits at New York School of Interior Design

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients16
Total GI Bill amount$345,245
Average GI Bill amount per recipient$21,578

References

More about our data sources and methodologies.

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