by our College Data Analytics TeamMany students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at SUNY Broome Community College can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does SUNY Broome provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to discover what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at SUNY Broome Community College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At SUNY Broome Community College, 82% of entering full-time freshmen got some type of financial assistance (about 824 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $7,969 |
| Institutional grants & scholarships | 40% | $1,548 |
| Federal Pell grants | 55% | $5,628 |
| State/local grants | 62% | $3,213 |
| Federal student loans | 45% | $5,086 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, some 42% of undergraduate students received gift aid averaging $7,754 (for some 2289 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 42% | $7,754 |
| Federal Pell grants | 31% | $5,471 |
| Federal student loans | 28% | $6,305 |
For students living on campus and receiving title-IV aid, grants averaged $7,700.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,357 |
| $30,001 – $75,000 | $8,436 |
| Over $75,000 | $13,527 |
Each figure is the net price after grants and scholarships, not the published sticker price.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,940 |
| Off-campus title-IV students | $8,035 |
To get a personalized net price estimate, try SUNY Broome’s net price calculator: www.suny.edu/howmuch/netpricecalculator.xhtml.
The middle student in the debt distribution at SUNY Broome owes $7,727 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,727 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at SUNY Broome.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,152 |
| 25th percentile | $3,500 |
| 75th percentile | $11,414 |
| 90th percentile (highest-debt students) | $17,975 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,081 |
| Middle income | $7,663 |
| High income | $6,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,812 |
| Continuing-generation students | $7,414 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,500 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. SUNY Broome.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at SUNY Broome:
| Metric | Value |
|---|---|
| Stafford loan recipients | 21873 |
| Total Stafford loan amount | $211,401,064 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.