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Syracuse University Paying for Your Degree

79% Freshmen Get Financial Aid
$32,860 Average Grant & Scholarship
79% Undergrads Get Grant Aid

Most students will not be asked to pay 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 cost of going to Syracuse University can seem tremendous, but do not forget that almost all students are given some form of financial help.

Just what financing solutions does Syracuse provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to see how much school funding could be available to you.

Importance of Syracuse Financial Aid Info

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Syracuse University.

Typical First Year Financial Aid at Syracuse University

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

For freshmen starting at Syracuse University, 79% of new full-time first-years were awarded at least some aid around 2885 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)76%$36,417
Institutional grants & scholarships76%$34,259
Federal Pell grants17%$5,992
State/local grants13%$3,990
Federal student loans38%$5,227

Grant Aid for Undergraduates at Syracuse University

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, roughly 79% of undergraduates were awarded an average grant or scholarship of $32,860 (across roughly 12384 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)79%$32,860
Federal Pell grants17%$5,644
Federal student loans32%$6,232

For on-campus title-IV students, average grant aid came to $45,724.

How Cost Varies by Income at Syracuse University

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$19,508
$30,001 – $75,000$17,928
Over $75,000$51,777

Each figure is the net price after grants and scholarships, not the published sticker price.

Average Net Price for Syracuse University

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.

CohortAverage Net Price
On-campus title-IV students$38,793
Off-campus title-IV students$41,026

For a customized cost estimate, visit Syracuse’s NPC: www.syracuse.edu/admissions/cost-and-aid/cost-of-attendance/undergraduate/net-price-calculator/.

How Much Students Borrow at Syracuse University

Graduating students at Syracuse carry a median federal student debt of $23,697 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$23,697
Median federal debt (graduates only)$26,000
Typical 10-year monthly payment (graduates)$275.64/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

Debt Spread by Percentile

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 Syracuse.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$6,500
25th percentile$15,500
75th percentile$32,000
90th percentile (highest-debt students)$37,998

Debt Outcomes by Student Group at Syracuse University

Median debt varies by family income, by first-generation status, and by dependency status.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$21,250
Middle income$25,000
High income$24,250

By First-Generation Status

CohortMedian federal debt
First-generation students$23,896
Continuing-generation students$23,250

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$24,000
Independent students$19,250

Is the Debt Manageable?

The figure below distills the debt data into a single burden category for Syracuse.

Federal Student Loans at Syracuse University

The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Syracuse:

MetricValue
Stafford loan recipients51508
Total Stafford loan amount$1,404,354,044

Veterans Benefits at Syracuse University

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

GI Bill volume

MetricValue
GI Bill recipients639
Total GI Bill amount$16,783,948
Average GI Bill amount per recipient$26,266

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients106
Total DoD amount$288,700
Average DoD amount per recipient$2,724

More Financial Aid Resources from Syracuse University

References

More about our data sources and methodologies.

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