by our College Data Analytics TeamMany 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 Cortland Madison BOCES can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financing options does Onondaga Cortland Madison BOCES offer, and what will you qualify for? Keep scrolling for more information. Keep scrolling to see just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Onondaga Cortland Madison BOCES.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Onondaga Cortland Madison BOCES, 96% of first-year full-time students received aid of some kind around 165 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $8,164 |
| Institutional grants & scholarships | 20% | $1,463 |
| Federal Pell grants | 61% | $5,233 |
| State/local grants | 7% | $4,799 |
| Federal student loans | 52% | $5,553 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, about 70% of undergrads got grants or scholarships worth on average $9,760 (across roughly 399 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $9,760 |
| Federal Pell grants | 61% | $5,612 |
| Federal student loans | 61% | $6,978 |
Title-IV recipients living on campus saw average grant aid of $8,906.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,010 |
| $30,001 – $75,000 | $16,260 |
| Over $75,000 | $18,377 |
Remember these are net prices — what families pay after gift aid, not before.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,002 |
| Off-campus title-IV students | $15,459 |
For a customized cost estimate, visit Onondaga Cortland Madison BOCES’s net price tool: ocmboces.org/tfiles/folder1698/index.html.
The median federal debt load at Onondaga Cortland Madison BOCES comes to $5,792 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,792 |
| Median federal debt (graduates only) | $6,419 |
| Typical 10-year monthly payment (graduates) | $68.05/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Onondaga Cortland Madison BOCES.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,481 |
| 25th percentile | $4,233 |
| 75th percentile | $8,233 |
| 90th percentile (highest-debt students) | $9,500 |
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 | $7,100 |
| Middle income | $5,394 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,123 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,766 |
| Independent students | $7,546 |
A handful of calculated indicators summarize the debt outlook at Onondaga Cortland Madison BOCES.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Onondaga Cortland Madison BOCES:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5366 |
| Total Stafford loan amount | $38,878,338 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 19 |
| Total GI Bill amount | $209,275 |
| Average GI Bill amount per recipient | $11,014 |
References
More about our data sources and methodologies.