Applying For Financial Aid
Applying For Financial Aid
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Email
sfc@albany.edu
Net Price Calculator
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Application Process
Application Deadline
February 1
Award Notification
On a rolling basis beginning February 12
High School Program
College preparatory program is required
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required Cost
FAFSA Code is 002835 Free
Profile of 2022-23 Financial Aid
Profile of 2022-23 Financial Aid
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Freshman
Financial Aid Applicants
2,421 (91.5%) of freshmen
Found to Have Financial Need
1,902 (78.6%) of applicants
Received Financial Aid
1,883 (99.0%) of applicants with financial need
Need Fully Met
173 (9.2%) of aid recipients
Average Percent of Need Met
57%
Average Award
$13,219
Need-Based Gift
Received by 1,851 (98.3%) of aid recipients, average amount $10,783
Need-Based Self-Help
Received by 1,223 (64.9%) of aid recipients, average amount $3,409
Merit-Based Gift
Received by 120 (6.4%) of aid recipients
588 (22.2%) of freshmen had no financial need and received merit aid, average amount $4,056
All Undergraduates
Financial Aid Applicants
9,624 (83.4%) of undergraduates
Found to Have Financial Need
7,868 (81.8%) of applicants
Received Financial Aid
7,719 (98.1%) of applicants with financial need
Need Fully Met
664 (8.6%) of aid recipients
Average Percent of Need Met
55%
Average Award
$12,541
Need-Based Gift
Received by 7,282 (94.3%) of aid recipients, average amount $9,690
Need-Based Self-Help
Received by 5,011 (64.9%) of aid recipients, average amount $4,422
Merit-Based Gift
Received by 384 (5.0%) of aid recipients
2,051 (17.8%) of undergraduates had no financial need and received merit aid, average amount $3,983
All Undergraduates
2024 Graduates Who Took Out Loans
66%
Average Indebtedness of 2024 Graduates
$26,652
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
NYS residents are encouraged to complete the NYS Grants and Scholarhip and Excelsior Scholarship applications online at www.hesc.ny.gov
Non-Need-Based Available
None
Non-Need Awards
Academic Interest/Achievement Award Areas
Not reported
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Not reported
Number of Awards
Not reported
Special Achievements/Activities Award Areas
Not reported
Number of Awards
Not reported
Special Characteristics Award Areas
Not reported
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
other work study available
Average Earnings from On-Campus Employment
$1,641
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2023-24 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2024 Peterson's LLC. All rights reserved.