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IPEDS ID: 164438
OPE ID: 03965300
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New England College of Business and Finance
All programs offered completely via Distance education
10 High St Ste 204, Boston, Massachusetts 02110
General information:  (617) 951-2350
Type:  4-year, Private for-profit
Awards offered:  Less than one year certificate
Associate's degree
Bachelor's degree
Postbaccalaureate certificate
Master's degree
Campus setting:  City: Large
Campus housing:  No
Student population:  841 (690 undergraduate)
Student-to-faculty ratio:  16 to 1
Net Price
Tuition Policies for Servicemembers and
Mission Statement
  The mission of New England College of Business and Finance is to provide high quality undergraduate and graduate degree programs, as well as professional training, for students interested in careers in business and finance.
Carnegie Classification
Associate's--Private For-profit 4-year Primarily Associate's
Religious Affiliation
Not applicable
Federal Aid
Eligible students may receive Pell Grants and other federal aid (e.g. Direct Loans).
Undergraduate students enrolled who are formally registered with office of disability services
3% or less
Special Learning Opportunities
Distance education opportunities - undergraduate level
Distance education opportunities - graduate level
Weekend/evening college
Student Services
Academic/career counseling service
Employment services for students
Placement services for completers
Credit Accepted
Credit for life experiences
Faculty and graduate assistants by primary function, Fall 2014Full timePart time
Total faculty667
Research and public service00
Total graduate assistants-0
Estimated Expenses for Full-time Beginning Undergraduate Students
  • Beginning students are those who are entering postsecondary education for the first time.
Estimated expenses for academic year2011-20122012-20132013-20142014-2015% change 2013-2014 to 2014-2015
Tuition and fees$7,875$7,875$9,235$10,52514.0%
Books and supplies$800$800$800$8000.0%
Living arrangement
Off Campus
Room and board$4,000$4,000$4,000$7,45686.4%
Off Campus with Family
Total Expenses2011-20122012-20132013-20142014-2015% change 2013-2014 to 2014-2015
Off Campus$14,275$14,275$15,635$22,26942.4%
Off Campus with Family$10,275$10,275$11,635$14,81327.3%
This calculator uses estimated student expenses data to estimate the total tuition and fees charged over the duration of a typical 4-year program at this school.
1. Select starting academic year
2. Select tuition inflation rate

% (0-100 allowed)
  • The output is only an estimate and not a guarantee of the actual amount the student may be charged; it is not binding on the Secretary, the institution of higher education, or the State; and it may change, subject to the availability of financial assistance, State appropriations, and other factors. The student must complete the Free Application for Federal Student Aid (FAFSA) to be eligible for, and receive, an actual financial aid award that includes federal grant, loan, or work-study assistance.
  • The estimated price does not include room and board, books and supplies, &c. (where applicable) and is based on previous years' tuition and fees data. Tuition and fees may vary by program. Please contact this institution for detailed price information.
  • Estimated yearly tuition and fees may not sum to totals because of rounding.
Estimate the total tuition and fee costs over the duration of a typical program.
 Multiyear Tuition Calculator
Average graduate student tuition and fees for academic year2014-2015
Alternative Tuition Plans
Type of PlanOffered
Tuition guarantee plan
Prepaid tuition plan
Tuition payment planX
Other alternative tuition plan
Undergraduate Student Financial Aid, 2013-2014
Full-time Beginning Undergraduate Students
  • Beginning students are those who are entering postsecondary education for the first time.
Type of AidNumber receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid received
Any student financial aid16100%————
Grant or scholarship aid(*)33%(*)(*)
Federal grants(*)33%(*)(*)
Pell grants(*)33%(*)(*)
Other federal grants00%$0
State/local government grant or scholarships00%$0
Institutional grants or scholarships00%$0
Student loan aid583%$48,055$9,611
Federal student loans583%$48,055$9,611
Other student loans00%$0
  • 1 Includes students receiving Federal work study aid and aid from other sources not listed above.
  • (*) Number receiving aid and total and average amounts of aid received are withheld to preserve the privacy of individuals.
All Undergraduate Students
Type of AidNumber receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid received
Grant or scholarship aid119832%$611,961$3,091
Pell grants15726%$517,891$3,299
Federal student loans27044%$1,894,082$7,015
  • 1 Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

  • For more information on Student Financial Assistance Programs or to apply for financial aid via the web, visit Federal Student Aid.
Average Net Price for Full-Time Beginning Students
Full-time beginning undergraduate students who were awarded grant or scholarship aid from federal, state or local governments, or the institution.
Average net price$9,239$10,433$9,563
Full-time beginning undergraduate students who were awarded Title IV aid by income.
Average net price by Income2011-20122012-20132013-2014
$0 – $30,000$9,203$10,230
$30,001 – $48,000$9,419$11,287$14,302
$48,001 – $75,000$11,525$14,302
$75,001 – $110,000$14,302
$110,001 and more$14,302
  • Average net price is generated by subtracting the average amount of federal, state/local government, or institutional grant or scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees, books and supplies, and the weighted average for room and board and other expenses.
  • Beginning students are those who are entering postsecondary education for the first time.
  • Title IV aid to students includes grant aid, work study aid, and loan aid. These include: Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), Academic Competitiveness Grant (ACG), National Science and Mathematics Access to Retain Talent Grant (National SMART Grant), Teacher Education Assistance for College and Higher Education (TEACH) Grant, Federal Work-Study, Federal Perkins Loan, Subsidized Direct or FFEL Stafford Loan, and Unsubsidized Direct or FFEL Stafford Loan. For those Title IV recipients, net price is reported by income category and includes students who received federal aid even if none of that aid was provided in the form of grants. While Title IV status defines the cohort of student for which the data are reported, the definition of net price remains the same – total cost of attendance minus grant aid.
Net Price Calculator
An institution’s net price calculator allows current and prospective students, families, and other consumers to estimate the net price of attending that institution for a particular student.
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Fall 2014
Total enrollment841
Undergraduate enrollment690
Undergraduate transfer-in enrollment0
Graduate enrollment151
Undergraduate Attendance StatusUndergraduate Student Gender
Undergraduate Attendance Status:
Full-time: 23%
Part-time: 77%Undergraduate Student Gender:
Male: 26%
Female: 74%
Undergraduate Race/ethnicity
Undergraduate Race/ethnicity:
American Indian or Alaska Native: 0%
Asian: 1%
Black or African American: 16%
Hispanic/Latino: 0%
Native Hawaiian or other Pacific Islander: 0%
White: 10%
Two or more races: 0%
Race/ethnicity unknown: 73%
Non-resident alien: 0%
Undergraduate Student AgeUndergraduate Student Residence
Undergraduate Student Age:
24 and under: 12%
25 and over: 85%
Age unknown: 3%Undergraduate Student Residence:
In-state: 33%
Out-of-state: 67%
Foreign countries: 0%
Unknown: 0%
  • Age data are reported for Fall 2013.
  • Residence data are reported for first-time degree/certificate-seeking undergraduates.
Graduate Attendance Status
Graduate Attendance Status:
Full-time: 57%
Part-time: 43%
Undergraduate Distance Education StatusGraduate Distance Education Status
Undergraduate Enrollment by Distance Education Status:
Enrolled only in distance education: 100%
Enrolled in some distance education: 0%
Not enrolled in any distance education: 0%Graduate Enrollment by Distance Education Status:
Enrolled only in distance education: 100%
Enrolled in some distance education: 0%
Not enrolled in any distance education: 0%
Undergraduate application fee (2014-2015): $50
  • This institution has an open admission policy. Contact the institution for more information.
First-to-Second Year Retention Rates

Retention rates measure the percentage of first-time students who are seeking bachelor's degrees who return to the institution to continue their studies the following fall.

Retention Rates for First-Time Students Pursuing Bachelor's Degrees
Student retention:
Full-time students: 100%
Part-time students: 25%
Percentage of Students Who Began Their Studies in Fall 2013 and Returned in Fall 2014
Overall Graduation Rate and Transfer-Out Rate
  • Data not available.
Completions (Number of awards conferred) 2013-2014
Completions are the number of awards conferred by program and award level.
sort byProgramAssociateBachelorMasterUndergraduate
  • Data shown are for first majors.
  • (-) Program is not offered at this award level.
  • d identifies programs and award levels that are offered as a distance education program. For program category totals, d is shown if one or more programs in the category are offered as a distance education program.
Business, Management, Marketing, and Related Support Services
Accounting and Finance--13d5d1d
Accounting and Related Services, Other----0d
Banking and Financial Support Services---0d-
Business Administration, Management and Operations, Other88d94d87d--
Category total88d94d105d5d1d
Grand total889410551
Services and Programs for Servicemembers and Veterans
Yellow Ribbon Program (officially known as Post-9/11 GI Bill, Yellow Ribbon Program)
Credit for military training
Dedicated point of contact for support services for veterans, military servicemembers, and their families
Member of Servicemembers Opportunity Colleges
Educational Benefits, 2013-2014
Number of students receiving benefits/assistance
Number of students receiving benefits/assistance:
Post-9/11 GI Bill Benefits - undergraduates: 2
Post-9/11 GI Bill Benefits - graduates: 4
DoD Tuition Assistance Program - undergraduates: 2
DoD Tuition Assistance Program - graduates: 0
Average amount of benefits/assistance awarded through the institution (*)
Average amount of benefits/assistance awarded through the institution:
Post-9/11 GI Bill Benefits - graduates: $7,134
  • (*) One or more average amounts of benefits/assistance are withheld to preserve the privacy of individuals.
Tuition policies specifically for Veterans and Servicemembers
  • No varsity sports data reported for this institution.
Institutional Accreditation
AgencyPeriods of AccreditationStatus
New England Association of Schools and Colleges, Commission on Institutions of Higher Education(!)11/15/2006 -  Accredited
New England Association of Schools and Colleges, Commission on Technical and Career Institutions(!)7/1/1985 - 11/15/2006Resigned
  • (!) Estimated date
2013 Crime Statistics
  • The crime data reported by the institutions have not been subjected to independent verification by the U.S. Department of Education. Therefore, the Department cannot vouch for the accuracy of the data reported here.
  • These data do not include incidents that: (a) took place off campus on public property immediately adjacent to and accessible from the Campus; (b) took place on a noncampus building or property owned or controlled by a student organization that is officially recognized by the institution; or (c) incidents at buildings/property owned or controlled by an institution but is not contiguous to the institution. For further information, see
Three-year Official Cohort Default Rates
Fiscal Year201220112010
Default rate8.7%12.0%0.0%
Number in default13120
Number in repayment14910015
Aid Programs
  • Federal Direct Loan (Direct Loan)
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National Center for Education Statistics -
U.S. Department of Education