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FACTS AND FIGURES
Attracting the Neediest Students
The Federal Government defines Pell Grant-eligible students as those whose families cannot contribute more than $6,000 per year toward their education. NYU is home to over 3,000 Pell-eligible undergraduates, a percentage greater than that of our peers. This statistic illustrates our steadfast commitment to welcoming talented students, regardless of their ability to pay.
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 Percentage of Pell-eligible students at peer institutions during 2006-07. Source: The Chronicle of Higher Education. |
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NYU Students: Profiles in Determination
For many students, the amount of scholarship or fellowship support they receive is the bridge
that makes an NYU education possible. After they arrive at NYU, their scholarships and fellowships improve the quality of their academic experience by enabling them to focus on their studies instead of working multiple jobs and struggling to make ends meet. The average NYU student graduates with over $30,000 in student loan debt; scholarships and fellowships dramatically reduce this burden. They also ease the financial strain on families, who should not have to mortgage their futures or suffer great economic hardship in order to give their children access
to higher education.
In addition to taking classes, studying, doing research and engaging in
student life, nearly all NYU students work in order to bridge the gap between
the cost of tuition and the financial aid they receive:
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 80% of our students work at least one job to
help pay for their education
25% of our students work at least two jobs
500 of our undergraduates work three jobs,
in addition to full-time coursework |
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Per Student Endowment at Peer Institutions
University endowments provide essential funding for financial aid and other needs not
covered by tuition. Many of NYU's wealthier peer institutions have begun to offer grants and, in some cases, free tuition for low- and middle-income students. Unfortunately, NYU does not have the endowment resources to match these offers.
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| Source: 2007 NACUBO (National Association of College and University Business
Officers) Endowment Study. |
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