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SUNY Maritime College Paying for Your Degree

77% Freshmen Get Financial Aid
$9,108 Average Grant & Scholarship
58% Undergrads Get Grant Aid

A large number of students will not be asked to pay 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 SUNY Maritime College can sound overwhelming, but bear in mind that many students get some type of financial aid.

Just what financial aid solutions can SUNY Maritime College provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to see how much school funding could be available to you.

Importance of SUNY Maritime College Financial Aid Info

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from SUNY Maritime College.

What First Years Receive at SUNY Maritime College

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

For incoming first-year students at SUNY Maritime College, 77% of the incoming full-time class was awarded financial aid around 212 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)59%$8,855
Institutional grants & scholarships52%$3,463
Federal Pell grants23%$5,471
State/local grants38%$5,548
Federal student loans45%$5,330

Scholarships and Grants at SUNY Maritime College

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at SUNY Maritime College, approximately 58% of the undergraduate population received grant aid that averaged $9,108 (covering around 723 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)58%$9,108
Federal Pell grants22%$6,228
Federal student loans39%$6,344

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $7,419.

What Families Pay by Income at SUNY Maritime College

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$14,753
$30,001 – $75,000$19,213
Over $75,000$24,719

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

Average Net Price for SUNY Maritime College

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.

CohortAverage Net Price
On-campus title-IV students$22,367
Off-campus title-IV students$21,781

To project your own net price, use SUNY Maritime College’s official net price calculator: www.suny.edu/howmuch/netpricecalculator.xhtml?bgColor=87CEFA&embed=N&headerUrl=www.sunymaritime.edu/upload/Maritime_HEADER.gif&id=25.

Student Debt Levels at SUNY Maritime College

Graduating students at SUNY Maritime College carry a median federal student debt of $15,875 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$15,875
Median federal debt (graduates only)$23,250
Typical 10-year monthly payment (graduates)$246.49/mo

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

Debt Spread by Percentile

Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at SUNY Maritime College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$5,500
25th percentile$9,250
75th percentile$27,000
90th percentile (highest-debt students)$36,125

Student Debt by Cohort at SUNY Maritime College

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$16,250
Middle income$17,500
High income$15,089

First-Generation Comparison

CohortMedian federal debt
First-generation students$16,909
Continuing-generation students$15,045

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$16,750
Independent students$14,000

Calculated Debt-Outcome Indicators

A handful of calculated indicators summarize the debt outlook at SUNY Maritime College.

Federal Stafford Lending at SUNY Maritime College

Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at SUNY Maritime College:

MetricValue
Stafford loan recipients3897
Total Stafford loan amount$71,638,117

Veteran and Military Aid at SUNY Maritime College

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients0
Total GI Bill amount$0

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

External Resources for SUNY Maritime College

References

More about our data sources and methodologies.

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