The financial aid department of State University of New York at New Paltz helps students by assisting them with scholarships, grants, and student loans in the event that they find the fees and the cost of living at the campus to be expensive. At the university, the average federal grant comes to be around $5,345, whereas the financial aid is $2,066. Prospective students can benefit from state-level aid worth $4,539 as well as institutional aid worth $2,066. The need-based scholarships awarded to students admitted to State University of New York at New Paltz amount to $21,587,643 per annum. Meanwhile, the total non-need-based scholarships/grants awarded in a year total $1,490,662.