$5,724

Avg. Federal Grant

$7,881

Avg. Federal Loan

$3,919,742

Total Aid Awarded

DeVry College of New York Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

76%

Total Aid Amount Average Total Aid Awarded per year.

$3.920M

Financial Aid Official Website

https://www.devry.edu/financial-aid.html

Notably, 87% of the students at DeVry College of New York get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,055,257. The total percentage of candidates applying to DeVry College of New York who receive the Federal Grant is 62%. In comparison, 87% of the students are awarded the Student Grant, 64% get the Institution Grant, and 62% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,560, while the same comes to $2,450 for State Grant receivers and $1,786 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,122. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At DCNY, an estimated number of 64% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

74%

State Grant Aid

44%

Institution Grant Aid

67%

Pell Grant

74%

Average Aid Awarded

Federal Grant Aid

$5,724

State Grant Aid

$2,930

Institution Grant Aid

$1,118

Pell Grant

$5,117

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,766

$30,001 - $48,000

$10,727

$48,001 - $75,000

$1,049

$75,001 - $110,000

$2,980

Over $110,000

$4,000

Student Loans for DeVry College of New York

Average Loan Amount Average Loan Amount received per year.

$7,881/Year

Students Taking Out Loans

78%

Loan Default Rate

9.9%

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