by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
Uncover the various financial aid options provided by UAlbany and determine which ones you may be eligible for by continuing your exploration.
$8,948.00 is the typical University at Albany’s first year financial aid package. 87% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at University at Albany.
In addition to scholarships, 56% of freshman students (1496 total) obtained federal grant aid, averaging $4,571.00 a piece.
The following scholarships and grants are composed of primarily federal grants, and some local and state grants.
56% of freshmen at University at Albany (1496 total) received a federal grant, averaging $4,571.00.
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 | 20.53% | $14,074.00 |
| Income 30k-48k | 10.73% | $10,699.00 |
| Income 48k-75k | 11.52% | $6,836.00 |
| Income 75k-110k | 7.84% | $5,604.00 |
| Income 110k + | 6.12% | $1,830.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
87% of the 2665 undergraduates at University at Albany receive some sort of grant aid. This is a total of about 2027 students getting an average of $8,948.00 per person.
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.