Financial Aid Examples

To help you understand how aid for first-year students is broken down and awarded at SUNY Geneseo, below are four examples. For more information, please also see types of financial aid.

Questions on financial aid can be directed to 585-245-5731 or financialaid@geneseo.edu.

The photos and stories depict example financial aid packages and do not refer to specific students.

Jack's Story

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 (2020-2021 Academic Year)

Item	Amount
Annual Direct Costs	$22,290
Expected Family Contribution	$0 (from FAFSA)
Calculated Financial Need	$22,290

Financial Aid

Item	Amount
Geneseo Merit Scholarship	$3,500
Geneseo Grant	$1,500
Federal Pell Grant	$6,345
Federal SEOG Grant	$500
NYS TAP & SUNY Tuition Credit	$7,320
Direct Subsidized Loan	$3,500
Direct Unsubsidized Loan	$2,000
Total Aid	$24,665
Out of Pocket Expenses	$0

Chloe's Story

Chloe lives with her mom and older sister—who also goes to college. Her mom earns $65,000 a year. Chloe is a good student who wants to major in biology.

Costs (2020-2021 Academic Year)

Item	Amount
Annual Direct Costs	$21,490
Expected Family Contribution	$3,500 (from FAFSA)
Calculated Financial Need	$17,990

Financial Aid

Item	Amount
Geneseo Merit Scholarship	$1,750
Geneseo Grant	$1,750
Federal Pell Grant	$2,745
NYS TAP & SUNY Tuition Credit	$647
NYS Excelsior Scholarship	$3,078
Federal Work-Study Award	$1,800
Direct Subsidized Loan	$3,500
Direct Unsubsidized Loan	$2,000
Total Aid	$17,270
Out of Pocket Expenses	$4,220

Maria's Story

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 (2020-2021 Academic Year)

Item	Amount
Annual Direct Costs	$21,490
Expected Family Contribution	$17,200 (from FAFSA)
Calculated Financial Need	$4,290

Financial Aid

Item	Amount
Geneseo Merit Scholarship	$1,750
Geneseo Grant	$1,250
NYS Excelsior Scholarship & Tuition Credit	$6,470
Direct Unsubsidized Loan	$5,500
Total Aid	$14,970
Out of Pocket Expenses	$6,520

Michael's Story

Michael's family opened a 529 College saving plan was he was a year old. They've saved almost enough for 4 years at a SUNY school, but they hope to lower their costs. He is an excellent student who was invited to join the Edgar Fellows Honors Program at Geneseo.

Costs (2020-2021 Academic Year)

Item	Amount
Annual Direct Costs	$22,290
Expected Family Contribution	$22,290 (from FAFSA)
Calculated Financial Need	$0

Financial Aid

Item	Amount
Geneseo Merit Scholarship	$3,500
Edgar Fellows Scholarship	$2,000
Direct Unsubsidized Loan	$5,500
Total Aid	$11,000
Out of Pocket Expenses	$11,290