What does SUNY Old Westbury's financial aid typically cover?

I'm trying to estimate the potential costs if I attend SUNY Old Westbury, so I was wondering if anyone knows how their financial aid packages generally look? Do they tend to cover most of the expenses for students or is it more like self-help packages with a mix of loans and work-study?

Financial aid packages can vary depending on each student's unique financial situation, but I can provide you with some general information on what SUNY Old Westbury's financial aid typically covers.

SUNY Old Westbury offers a combination of federal, state, and institutional financial aid to its students. The financial aid package may include a mix of grants, scholarships, loans, and work-study opportunities. Grants and scholarships are preferable, as they don't need to be repaid, while loans come with repayment obligations and work-study requires a student to work part-time to earn their financial aid.

For students with demonstrated financial need, SUNY Old Westbury typically tries to cover a significant portion of their education expenses. Their financial aid may include federal and state grants, such as the Federal Pell Grant and the New York State Tuition Assistance Program (TAP). They may also offer institutional scholarships based on factors like academic achievement or extracurricular involvement.

However, it's important to keep in mind that even if you receive a substantial financial aid package, you may still need loans and work-study to fill any remaining gaps in covering your total cost of attendance. This cost includes not only tuition and fees but also room and board, books and supplies, and other miscellaneous expenses (e.g., transportation, personal expenses).

If you want a more accurate estimate of your potential costs at SUNY Old Westbury, I recommend using their Net Price Calculator. The calculator will give you an estimate of your financial aid package based on your specific financial circumstances and what you can expect to pay.

Additionally, it's essential to file the Free Application for Federal Student Aid (FAFSA) as soon as possible. SUNY Old Westbury uses the information provided on the FAFSA to determine your eligibility for various financial aid programs. Remember to review your financial aid package carefully once you receive it and reach out to the school's financial aid office if you have any concerns or questions.