by our College Data Analytics TeamMany students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Siena College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial aid solutions can Siena deliver, and just what are you going to be eligible for? Keep reading for answers. 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. The figures below will help you estimate the aid you might receive from Siena 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.
For freshmen starting at Siena College, 98% of entering full-time freshmen got some type of financial assistance (about 793 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $31,915 |
| Institutional grants & scholarships | 96% | $29,283 |
| Federal Pell grants | 29% | $5,382 |
| State/local grants | 26% | $3,423 |
| Federal student loans | 69% | $5,211 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, around 93% of undergraduate students received gift aid averaging $29,135 (covering around 3256 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $29,135 |
| Federal Pell grants | 24% | $5,552 |
| Federal student loans | 66% | $6,545 |
On-campus students receiving title-IV aid were awarded grants averaging $31,137.
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 | $25,986 |
| $30,001 – $75,000 | $27,545 |
| Over $75,000 | $35,975 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $33,733 |
| Off-campus title-IV students | $32,697 |
For a customized cost estimate, visit Siena’s online cost calculator: www.siena.edu/afford/net-price-calculator/.
Graduating students at Siena carry a median federal student debt of $21,471 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $21,471 |
| Median federal debt (graduates only) | $26,561 |
| Typical 10-year monthly payment (graduates) | $281.59/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Siena.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $31,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $18,750 |
| Middle income | $23,250 |
| High income | $21,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,500 |
| Continuing-generation students | $20,641 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,500 |
| Independent students | $20,000 |
The figure below distills the debt data into a single burden category for Siena.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Siena:
| Metric | Value |
|---|---|
| Stafford loan recipients | 11497 |
| Total Stafford loan amount | $184,590,105 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 40 |
| Total GI Bill amount | $873,507 |
| Average GI Bill amount per recipient | $21,838 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $4,000 |
| Average DoD amount per recipient | $4,000 |
References
More about our data sources and methodologies.