$5,224

Avg. Federal Grant

$4,249

Avg. Federal Loan

$26,535,717

Total Aid Awarded

Onondaga Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

41%

Total Aid Amount Average Total Aid Awarded per year.

$26.536M

Financial Aid Official Website

www.sunyocc.edu/admissions.aspx

Students can avail of scholarships provided by the college, such as Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, Log Cabin Rustics Scholarship, and Military Service Recognition Scholarships, if they find educational expenses to be on the higher side. As many as 86% of the students at OCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $10,864,242 in a year. The total percentage of candidates applying to Onondaga Community College who receive the Federal Grant is 64%. On the other hand, 78% of the candidates get the Student Grant, 13% receive the Institution Grant, and 64% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,269, the State Grant receivers and Institution Grant beneficiaries get $3,435 and $958, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,878. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Onondaga Community College, the percentage of candidates who opt to avail of student loans is around 42%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

64%

State Grant Aid

63%

Institution Grant Aid

13%

Pell Grant

64%

Average Aid Awarded

Federal Grant Aid

$5,224

State Grant Aid

$2,926

Institution Grant Aid

$772

Pell Grant

$5,045

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,726

$30,001 - $48,000

$6,981

$48,001 - $75,000

$3,807

$75,001 - $110,000

$2,198

Over $110,000

$91

Student Loans for Onondaga Community College

Average Loan Amount Average Loan Amount received per year.

$4,479/Year

Students Taking Out Loans

46%

Loan Default Rate

17.5%