$4,774

Avg. Federal Grant

$5,862

Avg. Federal Loan

$20,610,702

Total Aid Awarded

SUNY Canton Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

78%

Total Aid Amount Average Total Aid Awarded per year.

$20.611M

Financial Aid Official Website

www.canton.edu/fin_aid/

Notably, 95% of the students at SUNY College of Technology at Canton get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $15,430,814. The total percentage of candidates applying to SUNY College of Technology at Canton who receive the Federal Grant is 65%. Meanwhile, 87% of the applicants receive the Student Grant and 85% are awarded the Institution Grant, while 65% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,874, and the same stands at $4,074 for State Grant awardees and $1,821 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,613. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 79% of the applicants to SUNY College of Technology at Canton opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

67%

State Grant Aid

81%

Institution Grant Aid

86%

Pell Grant

67%

Average Aid Awarded

Federal Grant Aid

$4,774

State Grant Aid

$3,939

Institution Grant Aid

$1,828

Pell Grant

$4,633

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$12,214

$30,001 - $48,000

$9,642

$48,001 - $75,000

$6,818

$75,001 - $110,000

$4,762

Over $110,000

$1,276

Student Loans for SUNY Canton

Average Loan Amount Average Loan Amount received per year.

$6,767/Year

Students Taking Out Loans

84%

Loan Default Rate

9.8%

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