by our College Data Analytics TeamThe majority of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to New York Seminary 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 Seminary provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to see how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from New York Seminary.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at New York Seminary, 59% of first-year full-time students received aid of some kind some 60 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $7,183 |
| Institutional grants & scholarships | 30% | $2,967 |
| Federal Pell grants | 47% | $6,936 |
| State/local grants | 0% | — |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, some 62% of undergrads got grants or scholarships worth on average $6,830 (covering around 69 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $6,830 |
| Federal Pell grants | 49% | $6,605 |
| Federal student loans | 0% | — |
For on-campus title-IV students, average grant aid came to $7,731.
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 | $10,895 |
| $30,001 – $75,000 | $10,758 |
| Over $75,000 | $12,502 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,252 |
| Off-campus title-IV students | $11,077 |
For a customized cost estimate, visit New York Seminary’s net price tool: thenyseminary.com/links/.
A handful of calculated indicators summarize the debt outlook at New York Seminary.
References
More about our data sources and methodologies.