As many as 88% of the students at NYCHP get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,188,022 in a year. For additional information about financial assistance schemes, one can head over to NYCHP’s financial aid page at http://www.nycollege.edu. The total percentage of candidates applying to New York College of Health Professions who receive the Federal Grant is 73%. Meanwhile, 73% of the applicants receive the Student Grant, while 73% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $2,581. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $6,207 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $4,602 and $2,111, respectively. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At New York College of Health Professions, the percentage of candidates who opt to avail of student loans is around 64%.