The financial aid department of Utica College helps students by assisting them with scholarships, grants, and student loans in the event that they find the fees and the cost of living at the campus to be expensive. The average federal grant that comes from the college is around $4,576, whereas the financial aid is $7,087. The college provides financial assistance in the form of state-level aid worth $3,485 and institutional aid worth $7,087. The need-based scholarships awarded to students admitted to Utica College amount to $22,379,293 per annum. Meanwhile, the total non-need-based scholarships/grants awarded in a year total $1,469,887.