by our College Data Analytics TeamThe majority of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Farmingdale State College can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financing options does SUNY College of Technology at Farmingdale offer, and what will you qualify for? Keep scrolling for more information. Keep scrolling to find out what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Farmingdale State College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Farmingdale State College, 76% of new full-time first-years were awarded at least some aid approximately 1216 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $8,977 |
| Institutional grants & scholarships | 62% | $1,097 |
| Federal Pell grants | 46% | $5,728 |
| State/local grants | 61% | $3,810 |
| Federal student loans | 26% | $4,781 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At SUNY College of Technology at Farmingdale, about 52% of undergraduates were awarded an average grant or scholarship of $8,275 (for some 4921 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $8,275 |
| Federal Pell grants | 36% | $5,574 |
| Federal student loans | 23% | $6,093 |
Title-IV recipients living on campus saw average grant aid of $8,099.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,918 |
| $30,001 – $75,000 | $8,294 |
| Over $75,000 | $15,075 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $10,867 |
| Off-campus title-IV students | $9,173 |
For a personalized estimate based on your family’s financial situation, use SUNY College of Technology at Farmingdale’s online cost calculator: www.suny.edu/howmuch/netpricecalculator.xhtml.
The median student at SUNY College of Technology at Farmingdale graduates with $11,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,000 |
| Median federal debt (graduates only) | $14,718 |
| Typical 10-year monthly payment (graduates) | $156.04/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at SUNY College of Technology at Farmingdale.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,928 |
| 25th percentile | $5,500 |
| 75th percentile | $20,912 |
| 90th percentile (highest-debt students) | $29,410 |
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 | $9,753 |
| Middle income | $10,500 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,000 |
| Continuing-generation students | $11,750 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,589 |
| Independent students | $13,026 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. SUNY College of Technology at Farmingdale.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at SUNY College of Technology at Farmingdale:
| Metric | Value |
|---|---|
| Stafford loan recipients | 16285 |
| Total Stafford loan amount | $205,989,526 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 178 |
| Total GI Bill amount | $1,187,420 |
| Average GI Bill amount per recipient | $6,671 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 35 |
| Total DoD amount | $129,195 |
| Average DoD amount per recipient | $3,691 |
References
More about our data sources and methodologies.