Student Loans for Syracuse University Students
About Syracuse University
A private university located in Syracuse, New York, Syracuse (‘Cuse, or just plain old SU) is a large research university with a touch over 14,000 undergraduate students. The community on campus is a pretty lively one, and the community surrounding the campus even more so – the city of Syracuse has a population of 145,000, and there’s little you could need as a college student that you couldn’t find there. Academically, Cuse has leading programs in engineering and communications, among other things, and their Orange athletic teams are a routinely dominant presence in the Big East. Things are pretty sweet up at Syracuse, though it can be a bit pricey to attend: when all is said and done, it can cost over $50,000 to attend Syracuse University for a year.
If you’re receiving Syracuse University Financial Aid, it’s extremely important to keep a tight eye on your finances and be sure you come up with a budget that’s friendly to your savings. In a nutshell, you should only spend what you absolutely, essentially need: nothing more. Of course, things like student tickets and having dinner off-campus should be considered in your budget. Student tickets, for example, cost $160 for the basketball season, while football tickets cost $100 – though you can purchase a bundle package for $220.
Applying for University Financial Aid
Since Syracuse is private, students who wish to be considered for financial aid must submit not only the Free Application for Federal Student Aid (FAFSA) but also the CSS/PROFILE, a form used by many private colleges and universities for evaluating financial need. Ultimately, all you need to do is file these two forms, and while that takes some time and hassle in gathering financial information and what not, it really doesn’t have to be that difficult. Before doing anything, it’d be a good idea to talk to the Syracuse University financial aid office to get a good picture of the Syracuse University financial aid program.
Syracuse University and Student Loans
Student loans, grants, scholarships, and work-study programs are the four main ingredients found in any Syracuse University financial aid package, and for many students, that’s a perfectly adequate smattering of financial aid forms. However, since the sticker price of Syracuse University is so high, some students need to borrow funds for college in addition to the federal loans they most likely received through their aid package from Syracuse. If all other forms of aid are exhausted and you still need money for Syracuse, then a private student loan might be the right choice for a final source of funding. To search, compare, and apply for a private student loan that can provide you with money for Syracuse University, just use the student loan comparison tool on this page.
Students interested in applying for Syracuse financial aid are recommended to estimate their cost of attendance, also known as COA. A COA estimate provides students with a comprehensive idea of college expenses, which helps with understanding their financial aid application. Students need to include tuition costs, housing and meals expenses, stationary, transportation costs, miscellaneous fees and personal expenses in their COA estimate. The current tuition rates for both undergraduate and graduate students are available on the Syracuse University website.
Can I use scholarships to cover my Syracuse tuition expenses?
Yes, in fact, Syracuse University financial aid provides Scholarship in Action Merit to 11 students (these scholarships are worth $11,000). Seniors receive the scholarship for one year while juniors will get it for two years. Three students from the College of Arts and Sciences receive the scholarship while the remaining eight are distributed between students of undergraduate schools and colleges.
Pay for Syracuse University*
|Total Avg. Cost||$50,098|
|Room & Board||$10,694|
|Financial Aid Information|
|Students Receiving Fin Aid||79%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$16,758|
|%Receiving Other Loans||7%|
Get into Syracuse University
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*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics
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