by our College Data Analytics TeamMost students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Schenectady County Community College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financing options does SUNY Schenectady offer you, and what will you qualify for? Keep scrolling for more information. Read on 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. Read on to get a sense of the financial assistance available at Schenectady County Community College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Schenectady County Community College, 83% of new full-time first-years were awarded at least some aid some 361 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $7,762 |
| Institutional grants & scholarships | 19% | $1,378 |
| Federal Pell grants | 63% | $5,739 |
| State/local grants | 72% | $2,787 |
| Federal student loans | 23% | $4,520 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, about 28% of undergraduates were awarded an average grant or scholarship of $7,798 (covering around 1089 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 28% | $7,798 |
| Federal Pell grants | 23% | $5,499 |
| Federal student loans | 9% | $5,504 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $7,883.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,706 |
| $30,001 – $75,000 | $6,731 |
| Over $75,000 | $11,624 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $8,947 |
| Off-campus title-IV students | $5,298 |
To get a personalized net price estimate, try SUNY Schenectady’s official net price calculator: sunysccc.edu/About-Us/Consumer-Information/index.html.
The middle student in the debt distribution at SUNY Schenectady owes $6,887 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,887 |
| Median federal debt (graduates only) | $11,049 |
| Typical 10-year monthly payment (graduates) | $117.14/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at SUNY Schenectady.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,380 |
| 25th percentile | $2,750 |
| 75th percentile | $11,000 |
| 90th percentile (highest-debt students) | $17,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,005 |
| Middle income | $6,625 |
| High income | $6,494 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,720 |
| Continuing-generation students | $7,494 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at SUNY Schenectady.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at SUNY Schenectady:
| Metric | Value |
|---|---|
| Stafford loan recipients | 12792 |
| Total Stafford loan amount | $117,919,642 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 29 |
| Total GI Bill amount | $123,566 |
| Average GI Bill amount per recipient | $4,261 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.