Onondaga Community College Financial Aid and Scholarships
Students Receiving Aid
41%
Total Aid Amount
$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%.
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