To help you understand how aid for first-year students is broken down and awarded at ºÚÁÏÍø, below are four examples. For more information, please also see types of financial aid.
The photos and stories depict example financial aid packages and do not refer to specific students.
Jack has high demonstrated financial need. He lives with his mom and dad who earn $35,000 a year. The first in his family to go to college, Jack has a brother and sister who are a just a year or two younger—so affording college will be tough. He’s an excellent student who excels in everything he does.
Costs (2024-2025 Academic Year)
Item
Amount
Annual Direct Costs
$24,961
Student Aid Index
-1500 (from FAFSA)
Calculated Financial Need
$24,961
Financial Aid
Item
Amount
Geneseo Community Scholarship
$3,500
First Generation Scholarship
$1000
Federal Pell Grant
$7,395
Federal SEOG Grant
$500
NYS TAP & SUNY Tuition Credit
$7,120
Direct Subsidized Loan
$3,500
Direct Unsubsidized Loan
$2,000
Total Aid
$25,015
Annual Out of Pocket Expenses
$0
Chloe lives with her mom and older sister. Her mom earns $65,000 a year. Chloe is a good student who wants to major in biology.
Costs (2024-2025 Academic Year)
Item
Amount
Annual Direct Costs
$24,961
Student Aid Index
1,377 (from FAFSA)
Calculated Financial Need
$23,584
Financial Aid
Item
Amount
Geneseo Community Scholarship
$3,000
Federal Pell Grant
$6,020
NYS TAP & SUNY Tuition Credit
$1300
Geneseo Foundation Scholarship
$3,000
Direct Subsidized Loan
$3,500
Direct Unsubsidized Loan
$2,000
Total Aid
$18,820
Annual Out of Pocket Expenses
$4,764
Maria, her brother and her parents live in a modest home. Her parents earn $115,000 a year. Thanks to a part-time job, Maria has saved some money to help with her books and other personal expenses.
Costs (2024-2025 Academic Year)
Item
Amount
Annual Direct Costs
$24,961
Student Aid Index
17,200 (from FAFSA)
Calculated Financial Need
$7,146
Financial Aid
Item
Amount
Geneseo Community Scholarship
$1,000
NYS Excelsior Scholarship & Tuition Credit
$7,070
Direct Unsubsidized Loan
$5,500
Total Aid
$13,570
Annual Out of Pocket Expenses
$10,776
Michael’s family opened a 529 College saving plan when he was a year old. They’ve saved almost enough for 4 years at a SUNY school, but they hope to lower their costs. Michael is ranked in the top 10% of his graduating class.
