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SUNY Albany Financial Aid

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Number Received Financial Aid (All Undergraduate) 10,140
Percent Received Financial Aid(All Undergraduate) 80%
Average Aid Amount $10,782
Number Received Financial Aid (Freshmen) 2,938
Percent Received Financial Aid (Freshmen) 97%

Financial Aid Information at SUNY Albany

For the academic year 2021-2022, a total of 10,140 students (80% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $10,782. For freshmen (Full-time, first-time degree-seeking undergraduate students), 2,938 students (97% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at SUNY at Albany is $10,408 for New York residents and $28,998 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 10,140 students (80% of all students) have received grants or scholarships and the average received aid amount is $10,782. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at SUNY at Albany for all undergraduate students.
Undergraduate Student Financial Aid at SUNY at Albany
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid10,14080%$10,782
Pell Grants5,18941%$5,296
Federal Student Loans6,44851%$6,365

Beginning Students Financial Aid

a total of 2,938 beginning students (97% of all freshmen) have received any financial aid and 2,937 students (97% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at SUNY at Albany.
Beginning Students (Freshmen) Financial Aid at SUNY at Albany
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid2,93897%-
Grants or Scholarship from All Sources2,87095%$11,485
Federal Grants1,79359%$6,773
Pell Grants1,34545%$5,335
Other Federal Grants1,78559%$2,783
State/Local Grants1,73858%$4,543
Institutional Grants2,80693%$4,604
Student Loans1,77759%$6,785
Federal Student Loans1,75758%$5,175
Other Student Loans2207%$13,471

Students Headcount by Living Status

For academic year 2021-2022, total 2,685 full-time beginning students have enrolled and attended SUNY at Albany. Among them, 2,454 students have lived on campus and 45 students lived off campus (without family). The following table shows the students count by living status and years.
Student Headcount by Living Location/Setting at SUNY at Albany
Living Status201920202021
Living On-Campus1,7251,9392,454
Living Off-Campus with Family114130183
Living Off-Campus without Family173045

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2021-2022 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at SUNY at Albany
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level2,1132,029$21,799,672$10,317
$0 - $30,000582582$9,267,339$15,923
$30,001 - $48,000384384$5,114,897$13,320
$48,001 - $75,000385379$3,373,425$8,762
$75,001 - $110,000297286$2,214,857$7,457
$110,001 or more465398$1,829,154$3,934
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