$6,206

Avg. Federal Grant

$6,288

Avg. Federal Loan

$301,247,134

Total Aid Awarded

Syracuse University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

71%

Total Aid Amount Average Total Aid Awarded per year.

$301.247M

Financial Aid Official Website

https://www.syracuse.edu/admissions/cost-and-aid/

As many as 82% of the students at SU get some sort of financial aid, and the total amount of assistance/loans provided is more than $41,355,999 in a year. For additional information about financial assistance schemes, one can head over to SU’s financial aid page at https://www.syracuse.edu/admissions/cost-and-aid/. The total percentage of candidates applying to Syracuse University who receive the Federal Grant is 15%. Meanwhile, 79% of the applicants receive the Student Grant and 79% are awarded the Institution Grant, while 15% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,872, the State Grant receivers and Institution Grant beneficiaries get $4,018 and $25,771, respectively. And, for the Pell Grant awardees, the average aid amount is $4,670. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $43,582 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $40,266 and $36,465, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $32,335. And, for those with a family income of more than $110,000, the amount stands at $19,924. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Syracuse University, the percentage of candidates who opt to avail of student loans is around 42%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

17%

State Grant Aid

13%

Institution Grant Aid

73%

Pell Grant

16%

Average Aid Awarded

Federal Grant Aid

$6,206

State Grant Aid

$3,808

Institution Grant Aid

$24,442

Pell Grant

$4,893

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$45,827

$30,001 - $48,000

$44,065

$48,001 - $75,000

$38,015

$75,001 - $110,000

$33,632

Over $110,000

$19,394

Student Loans for Syracuse University

Average Loan Amount Average Loan Amount received per year.

$9,398/Year

Students Taking Out Loans

46%

Loan Default Rate

3%

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