A large number of students are not billed 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 Onondaga Community College can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will OCC provide, and just what are you going to be eligible for? Read on for answers. Keep reading to find out what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Onondaga Community College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Onondaga Community College, 85% of new full-time first-years were awarded at least some aid roughly 1114 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $8,540 |
| Institutional grants & scholarships | 13% | $2,013 |
| Federal Pell grants | 61% | $6,299 |
| State/local grants | 57% | $3,830 |
| Federal student loans | 39% | $4,914 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At OCC, roughly 34% of the undergraduate population received grant aid that averaged $7,638 (covering around 2779 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 34% | $7,638 |
| Federal Pell grants | 28% | $5,748 |
| Federal student loans | 18% | $5,341 |
For students living on campus and receiving title-IV aid, grants averaged $8,023.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,615 |
| $30,001 – $75,000 | $7,579 |
| Over $75,000 | $13,315 |
Remember these are net prices — what families pay after gift aid, not before.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,562 |
| Off-campus title-IV students | $7,178 |
For a personalized estimate based on your family’s financial situation, use OCC’s net price tool: www.suny.edu/howmuch/netpricecalculator.xhtml.
A typical borrower at OCC leaves with $5,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $10,000 |
| Typical 10-year monthly payment (graduates) | $106.02/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at OCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,364 |
| 75th percentile | $10,546 |
| 90th percentile (highest-debt students) | $15,750 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,555 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,585 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,000 |
The figure below distills the debt data into a single burden category for OCC.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at OCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 29438 |
| Total Stafford loan amount | $264,777,470 |
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.