The New York Film Academy reported a 4.3% tuition increase for the 2022-23 school year, based on its most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private for-profit institution paid $35,557 in tuition this year, which is $305 higher than the $35,252 charged during the 2021-22 academic year.
Approximately 13% of the undergraduate student body are residents of California. Another 41% come from other U.S. states, while international students make up 46% of the population.
Data indicates that 93% of full-time undergraduates who began studies at the New York Film Academy in 2022-23 received some form of student financial aid. A total of 250 students were awarded grants or scholarships amounting to $3.1 million, and 97 students took out loans exceeding $1.5 million.
Across the entire undergraduate enrollment, 855 students utilized grants or scholarships totaling $9.8 million. Additionally, 286 students borrowed $2.5 million in federal student loans.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the the New York Film Academy in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 64 | 24% | $518,057 | $8,095 |
| State / local grant or scholarship | 13 | 5% | $46,456 | $3,574 |
| Institutional grants or scholarships | 250 | 93% | $2.5 million | $10,120 |
| Grant or scholarship aid total | 250 | 93% | $3.1 million | $12,379 |
| Federal student loans | 94 | 35% | $763,946 | $8,127 |
| Other student loans | 26 | 10% | $741,483 | $28,519 |
| Student loan aid | 97 | 36% | $1.5 million | $15,520 |
| Total student aid | 251 | 93% | $4.6 million | $18,326 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
