Student Financial Services
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SFS Related Links
Contact Information
Student Financial Services
Hubbard Hall
Room 117
(315) 792-3179
(315) 792-3368 (Fax)
Student Financial Services
Scholarships and Financial Aid
Typical Aid Packages
Below is one example of how financial aid has helped Utica College students reach their educational goals. When reviewing this illustration, it's important to remember:
- Just as every student is different, every aid package is different.
- This example represents an average aid package for a given set of circumstances.
- New York State residents have access to State aid options unavailable to non-residents.
Julie
Incoming Freshman / New York State Resident
Julie lives with her parents in New York. Her brother is a senior at another college.
Income.
Last year, Julie's parents had a combined income of $58,332. Julie did not show any earnings for the year.
Financial Aid Package.
- Federal / State Aid -- Julie is eligible for grants from the federal Pell grant program and New York State's Tuition Assistance Program (TAP). She also qualifies for a federally subsidized student loan and a federal work-study job.
- Utica College Aid -- Utica College is providing a needs-based grant, as well as a residence hall grant to help defray the cost of living on campus.
- Other Financing -- Julie is eligible for a private loan. Her parents will use savings to pay part of her remaining expenses. They have also opted for one of UC's deferred payment plans.
Summary:
| Federal Pell Grant: |
$1,350 |
| NY State TAP: |
$2,257 |
| Federally Subsidized Student Loan: |
$2,625 |
| Utica College Grant: |
$8,000 |
| Residence Hall Grant: |
$1,500 |
| Work-Study: |
$1,900 |
| Private Loan: |
$4,000 |
Total Package:
|
$21,632 |
Emily
Transfer Student / New York State Resident
Emily is entering Utica College as a junior. She lives in New York with her father, her stepmother, and her two younger brothers.
Income.
Emily's family reported a total annual income of $30,077 last year.
Financial Aid Package.
- Federal / State Aid -- Emily is eligible for grants from the federal Pell and SEOG grant programs, as well as New York State's Tuition Assistance Program (TAP). She also qualifies for a federally subsidized student loan, a Perkins loan, and a federal work-study job.
- Utica College Aid -- Utica College is providing Emily with a needs-based grant. She is also being awarded a Transfer Achievement grant based on her outstanding academic record.
- Other Financing -- Emily will opt for a private loan to help cover the balance of her expenses.
Summary:
| Federal Pell Grant: |
$3,750 |
| SEOG Grant: |
$1,000 |
| NY State TAP: |
$3,450 |
| Federally Subsidized Student Loan: |
$5,500 |
| Perkins Loan: |
$2,000 |
| Utica College Grant: |
$1,000 |
| Transfer Achievement Award: |
$5,500 |
| Work-Study: |
$1,800 |
| Private Loan: |
$4,782 |
Total Package:
|
$28,782 |
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