Financial Aid at NEC
Financial Aid Amount Received
$25,927 (95.62% of tuition)
Percent of Financial Aid Received
86% of 1,043 students
898 undergraduate students (86% of all students) have received grants, scholarships, and/or federal student loans at New England College. The percentage of students who received financial aid average compared to Private (not-for-profit), 4-Years Colleges in New Hampshire.
Compared to similar schools in rankings such as Southern New Hampshire University and Plymouth State University, the percentage of students who received financial aid is much higher (the average of the schools is 71.00%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $25,927 and the average loan amount is $10,334. The average financial aid amount is 95.62% of tuition & fees (tuition & fees: $27,114).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 898 | 86% | $23,282,726 | $25,927 |
| Pell Grants | 437 | 42% | $2,174,689 | $4,976 |
| Federal Students Loans | 766 | 73% | $7,916,097 | $10,334 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 246 students have received one or more types of financial aid at New England College.
The average amount of federal, state, local or institutional grant aid is $30,475 and the average amount of student loans awarded to full-time first-time undergraduate students is $9,165.
The following table shows the financial data by type of aid at New England College.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 249 | 98% | - | - |
| Grant or scholarship aid | 246 | 96% | $7,496,867 | $30,475 |
| Federal Grants | 105 | 41% | $621,295 | $5,917 |
| Pell Grants | 105 | 41% | $534,521 | $5,091 |
| Other Federal Grants | 71 | 28% | $86,774 | $1,222 |
| State/Local Grants | 21 | 8% | $68,800 | $3,276 |
| Institutional Grants | 242 | 95% | $6,806,772 | $28,127 |
| Student Loans | 204 | 80% | $1,869,648 | $9,165 |
| Federal Student Loans | 201 | 79% | $1,115,646 | $5,550 |
| Other Student Loans | 45 | 18% | $754,002 | $16,756 |