$4,796

Avg. Federal Grant

$5,570

Avg. Federal Loan

$28,773,954

Total Aid Awarded

The State University of New York (SUNY) at Cortland Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

62%

Total Aid Amount Average Total Aid Awarded per year.

$28.774M

Financial Aid Official Website

www2.cortland.edu/cost-aid/financial-aid/

Notably, 86% of the students at SUNY Cortland get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $26,950,052. At SC, the total percentage of applicants who receive the Federal Grant stands at 44%. Meanwhile, 68% of the applicants receive the Student Grant and 61% are awarded the Institution Grant, while 33% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,622, while the same comes to $4,063 for State Grant receivers and $2,098 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,513. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Candidates are also required to repay these loans within a given period. At SUNY Cortland, the percentage of candidates who opt to avail of student loans is around 68%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

41%

State Grant Aid

48%

Institution Grant Aid

57%

Pell Grant

32%

Average Aid Awarded

Federal Grant Aid

$4,796

State Grant Aid

$4,142

Institution Grant Aid

$2,118

Pell Grant

$4,561

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$12,715

$30,001 - $48,000

$10,044

$48,001 - $75,000

$7,075

$75,001 - $110,000

$4,706

Over $110,000

$1,230

Student Loans for The State University of New York (SUNY) at Cortland

Average Loan Amount Average Loan Amount received per year.

$7,423/Year

Students Taking Out Loans

70%

Loan Default Rate

3.5%

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