College of Staten Island (CSI) CUNY Financial Aid and Scholarships
Students Receiving Aid
63%
Total Aid Amount
$57.583M
Financial Aid Official Website
www.csi.cuny.edu/finaid/
Such schemes include Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, Alumni Association Scholarship, and Building Industry Association of NYC Scholarship. As many as 81% of the students at CSIC get some sort of financial aid, and the total amount of assistance/loans provided is more than $9,928,280 in a year. More information regarding the financial assistance schemes can be accessed on CSIC’s official financial aid page at http://www.csi.cuny.edu/finaid/. The total percentage of candidates applying to College of Staten Island CUNY who receive the Federal Grant is 62%. On the other hand, 77% of the candidates get the Student Grant, 1% receive the Institution Grant, and 62% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,989, while the same comes to $4,473 for State Grant receivers and $5,090 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,885. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 15% of the applicants to College of Staten Island CUNY opt for student loans.