$4,535

Avg. Federal Grant

$4,717

Avg. Federal Loan

$8,452,060

Total Aid Awarded

The New college of Florida Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$8.452M

Financial Aid Official Website

ncf.edu/financial-aid

Notably, 99% of the students at New College of Florida get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,448,066. The total percentage of candidates applying to New College of Florida who receive the Federal Grant is 26%. On the other hand, 99% of the candidates get the Student Grant, 99% receive the Institution Grant, and 25% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,158, the State Grant receivers and Institution Grant beneficiaries get $7,180 and $6,395, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,345. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At NCF, an estimated number of 33% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

36%

State Grant Aid

67%

Institution Grant Aid

99%

Pell Grant

35%

Average Aid Awarded

Federal Grant Aid

$4,535

State Grant Aid

$5,631

Institution Grant Aid

$5,780

Pell Grant

$4,419

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$14,517

$30,001 - $48,000

$14,436

$48,001 - $75,000

$12,301

$75,001 - $110,000

$7,135

Over $110,000

$6,745

Student Loans for The New college of Florida

Average Loan Amount Average Loan Amount received per year.

$5,528/Year

Students Taking Out Loans

33%

Loan Default Rate

1.9%

Other Colleges In Florida

Other Colleges In Sarasota