by our College Data Analytics TeamMany students are not billed 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 total cost of going to SUNY College of Technology at Canton can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does SUNY Canton provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to discover just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from SUNY College of Technology at Canton.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at SUNY College of Technology at Canton, 95% of first-year full-time students received aid of some kind some 435 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $9,723 |
| Institutional grants & scholarships | 83% | $2,287 |
| Federal Pell grants | 63% | $5,331 |
| State/local grants | 75% | $4,100 |
| Federal student loans | 68% | $4,943 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at SUNY Canton, some 75% of undergraduates were awarded an average grant or scholarship of $8,700 (across roughly 2159 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $8,700 |
| Federal Pell grants | 50% | $5,348 |
| Federal student loans | 59% | $6,838 |
For on-campus title-IV students, average grant aid came to $9,638.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,046 |
| $30,001 – $75,000 | $14,331 |
| Over $75,000 | $19,538 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,268 |
| Off-campus title-IV students | $15,001 |
To get a personalized net price estimate, try SUNY Canton’s NPC: www.suny.edu/howmuch/?embed=n&cssUrl=www.canton.edu/css/calc.css&headerUrl=www.canton.edu/images/banner-calc.png&profileUrl=http:.
The median student at SUNY Canton graduates with $12,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,500 |
| Median federal debt (graduates only) | $20,000 |
| Typical 10-year monthly payment (graduates) | $212.03/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at SUNY Canton.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,216 |
| 25th percentile | $5,500 |
| 75th percentile | $24,500 |
| 90th percentile (highest-debt students) | $33,514 |
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 | $12,884 |
| Middle income | $12,607 |
| High income | $12,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,500 |
| Continuing-generation students | $12,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $17,750 |
A handful of calculated indicators summarize the debt outlook at SUNY Canton.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at SUNY Canton:
| Metric | Value |
|---|---|
| Stafford loan recipients | 17809 |
| Total Stafford loan amount | $256,146,782 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 65 |
| Total GI Bill amount | $446,460 |
| Average GI Bill amount per recipient | $6,869 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 11 |
| Total DoD amount | $29,285 |
| Average DoD amount per recipient | $2,662 |
References
More about our data sources and methodologies.
