by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from SUNY Broome.
SUNY Broome average financial aid offer for freshmen students is $6,589.00. 90% of reshman students get financial aid, most of which is in the form of grants and scholarships
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from SUNY Broome you may end up taking on.
As well as scholarships, 76% of freshmen (1040 total) received a federal grant, for about $4,517.00 a person.
The numbers and the graph following pertain to primarily federal grants, plus some local and state grants.
76% of first years at SUNY Broome (1040 total) obtained a federal grant, averaging $4,517.00.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 35.32% | $9,481.00 |
| Income 30k-48k | 13.98% | $7,592.00 |
| Income 48k-75k | 12.02% | $4,412.00 |
| Income 75k-110k | 7.72% | $2,281.00 |
| Income 110k + | 1.17% | $530.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
1163 SUNY Broome undergrads obtain grant aid (this is about 90% of the entire undergraduate student population). The average amount these students receive is $6,589.00.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.