$5,293

Avg. Federal Grant

$5,706

Avg. Federal Loan

$841,701

Total Aid Awarded

New York College of Health Professions Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

65%

Total Aid Amount Average Total Aid Awarded per year.

$841.701K

Financial Aid Official Website

www.nycollege.edu

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%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

71%

State Grant Aid

38%

Institution Grant Aid

N/A

Pell Grant

71%

Average Aid Awarded

Federal Grant Aid

$5,293

State Grant Aid

$3,318

Institution Grant Aid

N/A

Pell Grant

$4,888

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,413

$30,001 - $48,000

$11,887

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for New York College of Health Professions

Average Loan Amount Average Loan Amount received per year.

$5,706/Year

Students Taking Out Loans

54%

Loan Default Rate

9.4%

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