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How Much Syracuse Fin Aid Could You Qualify For?

Rather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.

Discover the financial aid possibilities at Syracuse and learn what assistance you might qualify for by continuing to read.

Covered on this Page:

What is Inside a Typical Financial Aid Package at Syracuse?

$25,693.00 is the typical Syracuse University’s first year financial aid package. About 88% of first year students receive financial aid, most of which is in the form of grants and scholarships.

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Lowering the Cost of College

Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.

What About College Loans?

We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Syracuse University.

How Much Aid Is Offered That I Don’t Have to Pay Back? A.K.A. Scholarships & Grants

Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.

The next numbers refer to grants and scholarships mainly supplied by the college itself.

85% of incoming freshmen (3101 total) were awarded scholarships at Syracuse University, averaging $24,390.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.

As well as scholarships, 18% of first-year students (662 total) got a federal grant, for about $5,492.00 per person.

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Amount of Financial Aid Per Family Income

Amount of Financial Assistance Per Income Level

Income LevelPercent of FreshmanAverage Assistance
Income 0-30k6.15%$55,530.00
Income 30k-48k3.90%$53,043.00
Income 48k-75k4.89%$49,247.00
Income 75k-110k5.49%$44,127.00
Income 110k +18.81%$25,496.00

Title IV Aid

The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.

The Typical Undergrad Who Gets a Scholarship or Grant Will Get $25,693.00.

3117 Syracuse undergrads obtain grant aid (this is about 88% of the entire undergraduate student population). The average amount these students receive is $25,693.00.

Seeking Information on Tuition and Fee Expenses?

Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.

Notes and References

References

More about our data sources and methodologies.

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