$4,686

Avg. Federal Grant

$7,452

Avg. Federal Loan

$27,584,494

Total Aid Awarded

Empire State College (ESC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

60%

Total Aid Amount Average Total Aid Awarded per year.

$27.584M

Financial Aid Official Website

www.esc.edu/FinancialAid

It is interesting to note that, every year, around 89% of students at SESC receive some kind of financial aid, while the total amount of assistance/loans provided is $22,586,516. Notably, a total of 66% of the applicants to SUNY Empire State College receive the Federal Grant every year. Meanwhile, 81% of the applicants receive the Student Grant and 66% are awarded the Institution Grant, while 66% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,593, while the same comes to $3,032 for State Grant receivers and $1,547 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $5,345. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At SESC, an estimated number of 48% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

76%

State Grant Aid

74%

Institution Grant Aid

77%

Pell Grant

76%

Average Aid Awarded

Federal Grant Aid

$4,686

State Grant Aid

$2,954

Institution Grant Aid

$1,009

Pell Grant

$4,638

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,751

$30,001 - $48,000

$7,305

$48,001 - $75,000

$4,751

$75,001 - $110,000

$2,375

Over $110,000

N/A

Student Loans for Empire State College (ESC)

Average Loan Amount Average Loan Amount received per year.

$7,379/Year

Students Taking Out Loans

39%

Loan Default Rate

6.5%

Other Colleges In New York

Fordham University
Fordham University

Bronx, New York

Vassar College
Vassar College

Poughkeepsie, New York

LaGuardia Community College
LaGuardia Community College

Long Island City, New York

Other Colleges In Saratoga Springs

Skidmore College
Skidmore College

Saratoga Springs, New York

Other Public Colleges

Lamar University (LU)
Lamar University (LU)

Beaumont, Texas

West Chester University
West Chester University

West Chester, Pennsylvania