by our College Data Analytics TeamMany students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at New York University can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial aid solutions can NYU provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to find out just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from New York University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at New York University, 46% of new full-time first-years were awarded at least some aid around 2686 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 37% | $53,901 |
| Institutional grants & scholarships | 35% | $51,488 |
| Federal Pell grants | 19% | $6,255 |
| State/local grants | 9% | $4,982 |
| Federal student loans | 17% | $4,961 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at NYU, roughly 41% of undergrads got grants or scholarships worth on average $44,867 (among about 12329 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 41% | $44,867 |
| Federal Pell grants | 18% | $6,121 |
| Federal student loans | 19% | $6,420 |
Title-IV recipients living on campus saw average grant aid of $47,324.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,432 |
| $30,001 – $75,000 | $17,235 |
| Over $75,000 | $54,046 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $37,050 |
| Off-campus title-IV students | $35,035 |
For an estimate tailored to your family circumstances, see NYU’s NPC: www.nyu.edu/admissions/financial-aid-and-scholarships/applying-and-planning-for-undergraduate-aid/estimate-your-cost.html.
The median federal debt load at NYU comes to $18,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $18,500 |
| Median federal debt (graduates only) | $20,500 |
| Typical 10-year monthly payment (graduates) | $217.33/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at NYU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $11,000 |
| 75th percentile | $29,450 |
| 90th percentile (highest-debt students) | $35,950 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $18,389 |
| Middle income | $19,500 |
| High income | $17,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $18,500 |
| Continuing-generation students | $18,250 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,515 |
| Independent students | $21,500 |
The figure below distills the debt data into a single burden category for NYU.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at NYU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 105299 |
| Total Stafford loan amount | $3,769,876,129 |
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 | 492 |
| Total GI Bill amount | $11,124,207 |
| Average GI Bill amount per recipient | $22,610 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $15,188 |
| Average DoD amount per recipient | $3,797 |
References
More about our data sources and methodologies.