by our College Data Analytics TeamThe majority of students will never be charged 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 Upstate Medical University can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financing solutions does SUNY Upstate Medical University deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to find out what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Upstate Medical University.
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.
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, roughly 64% of undergraduates were awarded grant or scholarship aid averaging $7,157 (for some 76 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $7,157 |
| Federal Pell grants | 27% | $6,465 |
| Federal student loans | 56% | $9,383 |
A typical borrower at SUNY Upstate Medical University leaves with $15,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,000 |
| Median federal debt (graduates only) | $15,000 |
| Typical 10-year monthly payment (graduates) | $159.02/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at SUNY Upstate Medical University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,400 |
| 25th percentile | $9,600 |
| 75th percentile | $25,539 |
| 90th percentile (highest-debt students) | $31,900 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $17,516 |
| Middle income | $13,072 |
| High income | $15,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $13,250 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,000 |
| Independent students | $19,656 |
A handful of calculated indicators summarize the debt outlook at SUNY Upstate Medical University.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at SUNY Upstate Medical University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4718 |
| Total Stafford loan amount | $357,724,551 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 5 |
| Total GI Bill amount | $29,143 |
| Average GI Bill amount per recipient | $5,829 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.