Notably, 97% of the students at SUNY College at Oswego get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $31,153,885. At SCO, the total percentage of applicants who receive the Federal Grant stands at 47%. On the other hand, 91% of the candidates get the Student Grant, 91% receive the Institution Grant, and 47% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,110, and the same stands at $4,522 for State Grant awardees and $2,853 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,843. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At SCO, an estimated number of 73% of the applicants choose to go for student loans.