Stony Brook University Financial Aid, FAFSA/Federal School Code, Scholarships and Deadlines 2022

Stony Brook University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

59%

Total Aid Amount Average Total Aid Awarded per year.

$96.320M

Financial Aid Official Website

https://www.stonybrook.edu/finaid/

It is interesting to note that, every year, around 79% of students at SBU receive some kind of financial aid, while the total amount of assistance/loans provided is $38,812,746. Notably, a total of 36% of the applicants to Stony Brook University receive the Federal Grant every year. On the other hand, 72% of the candidates get the Student Grant, 69% receive the Institution Grant, and 36% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,467, the State Grant receivers and Institution Grant beneficiaries get $4,523 and $4,666, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,913. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 40% of the applicants to Stony Brook University opt for student loans.

Minumum Credit Score	Apply in as little as	Variable APR	Fixed APR
Not Available	15 minutes or less	2.95	4.74	View disclosures
620	2 minutes	5.38%-16.99%¹	4.43%-16.99%¹	View disclosures
Not Available	15 minutes	1.13% - 11.23%¹ (with autopay)	3.50% - 12.60%¹ (with autopay)	View disclosures

Minumum Credit Score

Apply in as little as

Variable APR

Fixed APR

Not Available

15 minutes or less

2.95

4.74

View disclosures

620

2 minutes

5.38%-16.99%¹

4.43%-16.99%¹

View disclosures

Not Available

15 minutes

1.13% - 11.23%¹ (with autopay)

3.50% - 12.60%¹ (with autopay)

View disclosures

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