How SUNY Albany's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at University at Albany since 2013.

For that period, the average number of students who received grants aid/scholarships is 8,587, which is 65.44 % of all undergraduate students. 7,351 students which is 56.00% of undergraduate students received federal student loans and the average loan amount is $6,610.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	7,586 (59%)	$7,354	5,006 (39%)	$4,238	7,621 (59%)	$6,784
2014-15	7,798 (60%)	$7,915	5,175 (40%)	$4,339	7,518 (58%)	$6,772
2015-16	7,895 (61%)	$8,502	5,272 (41%)	$4,630	7,541 (58%)	$6,743
2016-17	7,964 (61%)	$8,544	5,351 (41%)	$4,593	7,710 (59%)	$6,763
2017-18	8,642 (64%)	$9,226	5,594 (41%)	$4,966	7,781 (58%)	$6,757
2018-19	8,850 (65%)	$9,284	5,722 (42%)	$4,938	7,790 (57%)	$6,489
2019-20	9,381 (71%)	$9,421	5,468 (41%)	$5,078	7,414 (56%)	$6,485
2020-21	9,029 (68%)	$10,024	5,247 (40%)	$5,158	6,338 (48%)	$6,329
2021-22	10,140 (80%)	$10,782	5,189 (41%)	$5,296	6,448 (51%)	$6,365
Average	8,587 (65.44%)	$9,006	5,336 (40.67%)	$4,804	7,351 (56.00%)	$6,610

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 1,939 (71.33 % of students) received grants or scholarships and its average amount is $9,589. It can cover 33.07% of tuition & fees ($28,998) based on out-of-state rate.

In addition, 1,641 (60.67 % of students) students get helped from the students loans (average amount : $7,110).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,553 (61%)	$8,075	1,565 (61%)	$6,847
2014-15	1,573 (62%)	$8,767	1,510 (59%)	$6,926
2015-16	1,652 (64%)	$9,147	1,639 (63%)	$7,289
2016-17	1,710 (63%)	$9,096	1,732 (64%)	$7,416
2017-18	1,921 (68%)	$9,743	1,665 (59%)	$7,172
2018-19	1,905 (69%)	$9,379	1,729 (63%)	$7,150
2019-20	2,027 (76%)	$10,149	1,667 (63%)	$7,324
2020-21	2,243 (84%)	$10,460	1,482 (55%)	$7,080
2021-22	2,870 (95%)	$11,485	1,777 (59%)	$6,785
Average	1,939 (71.33%)	$9,589	1,641 (60.67%)	$7,110

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 1,119 (41.22 % of students) received Pell (federal) grants and its average amount is $4,967.

In addition, 1,403 students received State/local government grants/scholarships (51.78 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	947 (37%)	$4,567	299 (12%)	$481	1,199 (47%)	$3,026	1,468 (57%)	$3,026
2014-15	953 (37%)	$4,745	321 (13%)	$495	1,197 (47%)	$3,338	1,487 (58%)	$3,439
2015-16	1,053 (41%)	$4,899	384 (15%)	$438	1,272 (49%)	$3,414	1,575 (61%)	$3,455
2016-17	1,114 (41%)	$4,834	455 (17%)	$419	1,268 (47%)	$3,422	1,599 (59%)	$3,527
2017-18	1,234 (44%)	$4,992	431 (15%)	$441	1,532 (55%)	$4,186	1,810 (64%)	$3,290
2018-19	1,169 (42%)	$4,922	313 (11%)	$595	1,545 (56%)	$4,235	1,794 (65%)	$3,001
2019-20	1,115 (42%)	$5,095	1,223 (46%)	$946	1,497 (56%)	$4,386	1,857 (70%)	$3,860
2020-21	1,137 (42%)	$5,312	1,150 (43%)	$1,944	1,379 (51%)	$4,300	2,109 (79%)	$4,389
2021-22	1,345 (45%)	$5,335	1,785 (59%)	$2,783	1,738 (58%)	$4,543	2,806 (93%)	$4,604
Average	1,119 (41.22%)	$4,967	707 (25.67%)	$949	1,403 (51.78%)	$3,872	1,834 (67.33%)	$3,621

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 1,641 (60.67 % of students) get any students loan help and its average loan amount is $1,641.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	1,565 (61%)	$6,847	1,547 (60%)	$5,793	145 (6%)	$12,089
2014-15	1,510 (59%)	$6,926	1,500 (59%)	$5,733	158 (6%)	$11,767
2015-16	1,639 (63%)	$7,289	1,619 (63%)	$5,721	211 (8%)	$12,725
2016-17	1,732 (64%)	$7,416	1,723 (63%)	$6,000	191 (7%)	$13,118
2017-18	1,665 (59%)	$7,172	1,654 (59%)	$5,766	195 (7%)	$12,330
2018-19	1,729 (63%)	$7,150	1,715 (62%)	$5,343	256 (9%)	$12,497
2019-20	1,667 (63%)	$7,324	1,652 (62%)	$5,373	261 (10%)	$12,764
2020-21	1,482 (55%)	$7,080	1,453 (54%)	$5,299	205 (8%)	$13,629
2021-22	1,777 (59%)	$6,785	1,757 (58%)	$5,175	220 (7%)	$13,471
Average	1,641 (60.67%)	$7,110	1,624 (60.00%)	$5,578	205 (7.56%)	$12,710

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Scholarships, Grants, and Loan Trends at SUNY Albany

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time