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 total cost of going to State University of New York at New Paltz can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financing solutions does SUNY New Paltz deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to learn how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from State University of New York at New Paltz.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at State University of New York at New Paltz, 85% of entering full-time freshmen got some type of financial assistance roughly 949 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $10,087 |
| Institutional grants & scholarships | 70% | $3,211 |
| Federal Pell grants | 38% | $6,052 |
| State/local grants | 54% | $4,722 |
| Federal student loans | 53% | $5,208 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, roughly 57% of undergrads got grants or scholarships worth on average $9,611 (for some 3688 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $9,611 |
| Federal Pell grants | 32% | $5,993 |
| Federal student loans | 42% | $6,336 |
Title-IV recipients living on campus saw average grant aid of $9,619.
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 | $12,388 |
| $30,001 – $75,000 | $16,908 |
| Over $75,000 | $23,654 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,809 |
| Off-campus title-IV students | $18,481 |
For a personalized estimate based on your family’s financial situation, use SUNY New Paltz’s NPC: www.newpaltz.edu/financialaid/netpricecalc.html.
Graduating students at SUNY New Paltz carry a median federal student debt of $15,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,000 |
| Median federal debt (graduates only) | $18,750 |
| Typical 10-year monthly payment (graduates) | $198.78/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at SUNY New Paltz.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,500 |
| 25th percentile | $7,500 |
| 75th percentile | $24,282 |
| 90th percentile (highest-debt students) | $29,800 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $16,250 |
| Middle income | $15,000 |
| High income | $15,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,500 |
| Continuing-generation students | $15,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $15,533 |
These indicators are derived from the underlying debt data and summarize the overall picture at SUNY New Paltz.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at SUNY New Paltz:
| Metric | Value |
|---|---|
| Stafford loan recipients | 23693 |
| Total Stafford loan amount | $420,011,678 |
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 | 38 |
| Total GI Bill amount | $234,907 |
| Average GI Bill amount per recipient | $6,182 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $1,750 |
| Average DoD amount per recipient | $875 |
References
More about our data sources and methodologies.