ESTIMATED YEARLY COST |
$32,722 |
$50,742 |
Stony Brook University Tuition Financial Aid
Stony Brook University offers different financial aid to help their students with their college costs and fees. There are different forms of financial aid which include, scholarships, grants, loans, and work-study.
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Stony Brook University Tuition Grant
Federal Pell Grants are available to undergraduate students who have matriculated but have not yet finished their first bachelor’s degree.
The government determines eligibility using a formula. You must be a citizen of the United States or an eligible non-citizen.
Award Maximums: For the 2023–2024 academic year, undergraduate full-time recipients may receive awards ranging from $767 to $7,395.
You lose your eligibility for Pell Grants if you’ve received them for 12 semesters, or their equivalent. The school code for Stony Brook is 002838 on the Free Application for Federal Student Aid (FAFSA).
Undergraduates who have matriculated but have not yet obtained a first bachelor’s degree and who can prove they have extraordinary financial need may be eligible for a federal Supplemental Educational Opportunity Grant (SEOG).
You must be a citizen of the United States or an eligible non-citizen. There is a $4,000 annual cap on prizes, with a $200 upper limit. The typical Stony Brook scholarship is worth $500 per year. Because of limitations in federal funding, this is the case.
Use the Free Application for Federal Student Aid (FAFSA) to apply for federal student aid using Stony Brook’s school code, 002838: Students who file their FAFSA by the due date of February 15 are given preference.
Stony Brook University Tuition Work Study
For qualified matriculated students, federal work-study is a campus-based aid program that offers employment possibilities.
FAFSA-submitted students are given preference in the selection process. When asked if you are interested in receiving Federal Work Study on the FAFSA, make sure to choose Yes.
The amount of the award is based on the student’s documented need for financial assistance, the campus’s financial resources, the number of hours the student may work each week, and the hourly rate in effect at the time.
In exchange for the hours they put in, students receive biweekly payments from the federal Work Study program.
The Career Center website features a list of on-campus employment options.
Stony Brook University Tuition Scholarship
The mission of Stony Brook University is to recognize and reward our students for their exceptional achievements in all academic and research efforts.
We provide new and continuing students with a range of scholarships, some of which are based solely on merit, while others also take into account particular abilities, leadership, community service, or financial need.
We advise you to fill out the Free Application for Federal Student Aid (FAFSA) as early as possible, in January of the year before your fall enrollment, because student financial need is occasionally an eligibility criterion or factor.
Any scholarships offered are included in the total amount of financial aid provided, but it is not permitted to exceed the estimated cost of attendance.
Scholarships are available for any educational price incurred by a student at Stony Brook and are not just for tuition costs.
Stony Brook University Tuition Loan
You may need to think about taking out student loans if financial aid from family, friends, and grants is insufficient to meet your costs of attendance.
Federal loans usually have lower interest rates even if they must be paid back. Subsidized loans are ones that are based on need.
For consideration, a student must be registered in a degree program that requires six or more credits each semester.
Before loan funds are accepted, first-time applicants must finish an entrance counseling session and a master promissory note.
The federal government will cover the interest on your subsidized loans as long as you maintain a minimum enrollment of six credits and for the entire six-month grace period.
Your debt grace period is the first six months after graduation or the date your enrollment dropped to less than six credits.
Repayment starts six months after you graduate or stop taking six or more credits. You should pay your loan servicer directly.
Unsubsidized Loan
As unsubsidized loans are not based on financial necessity, anyone can apply for them. Students must be enrolled in a degree program with six or more credits in order to be taken into consideration.
First-time applicants must complete a Master Promissory Note and Entrance Counseling before loan funds are approved. The federal government DOES NOT pay the interest.
The disbursement of the loan proceeds triggers the start of interest accumulation.
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Students have the option of paying the interest that accrues or capitalizing it, which adds the interest to the loan’s principle and bases future interest payments on the greater sum.
By paying interest as it accumulates, the total amount of interest that must be repaid is lowered.
The expense of attending Stony Brook University shouldn’t deter you because there are financial aid alternatives available to help you cover the cost of your education. Go ahead and attend your desired school to achieve your aspirations.