A: NYCGS Student Rate: $21/mo for an acoustic guitar, a classical guitar, or a 3/4 kid size guitar, or $31/month for an electric guitar or bass guitar including amp and cable. Not a NYCGS student? You pay an extra $20 per month. (But hey, Visitors, why not take some custom lessons while you are here!? Then you can be a student, too! :) There is also a deposit when you pick up the guitar, which is refunded when you bring the guitar back.