$4,850

Avg. Federal Grant

$4,856

Avg. Federal Loan

$57,583,371

Total Aid Awarded

College of Staten Island (CSI) CUNY Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

63%

Total Aid Amount Average Total Aid Awarded per year.

$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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

63%

State Grant Aid

72%

Institution Grant Aid

1%

Pell Grant

63%

Average Aid Awarded

Federal Grant Aid

$4,850

State Grant Aid

$4,427

Institution Grant Aid

$4,953

Pell Grant

$4,830

We have broken down how CSI distributes their financial aid to each of their students. Most of it covers grants, with which students are able to pay off their tuition and fee costs for the programs they choose to attend. As indicated by the records provided by the university:

  • 63% of the students are given Federal Grant Aid, which is usually a reasonable amount of $4,850.

  • Almost 63% of the students get pell grants which mean a measure of around $4,830.

  • For the most part, 72% of the students are equipped for state awards at a measure of around $4,427.

  • 1% of the students get institutional aids/awards which reach a sum of around $4,953.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,558

$30,001 - $48,000

$8,583

$48,001 - $75,000

$4,721

$75,001 - $110,000

$2,234

Over $110,000

$450

This breakdown is done as federal aid depends to a great extent upon the income of the student or the student's family. It is separated into 5 assorted family income types to help choose the proportion of financial aid you may get when set against your family compensation.

The financial aid for the family income reaching out between $0 to $30,000 stands at about $10,558. A slight decrease is noticed when the aid given goes to $8,583 for levels of pay between $30,000 to $48,000.

For the annual income range, $48,001 to $75,000, the aid given is $4,721. Finally, we have income ranges $75,000 to $110,000 and $110,000 or more that give about $2,234 and $450 worth of financial aid, respectively.

Student Loans for College of Staten Island (CSI) CUNY

Average Loan Amount Average Loan Amount received per year.

$5,366/Year

Students Taking Out Loans

15%

Loan Default Rate

9.6%

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