Financial Aid

Financial Aid

Everything about the Siena experience is designed to give Saints a lifetime advantage, and that includes helping you to afford it. We also realize that every student and family has a unique set of circumstances, and we'll work with you one-on-one to help you attend Siena.


Tuition and Fees
Full-time freshmen tuition for the 2016-17 academic year is $34,326. Room and board is $14,105. Two things to note:

  • Siena's tuition is, on average, 18% less than our top 10 private competitors.
  • Most of our students pay much less than the listed tuition. In fact, more than 97% of our students receive financial aid and the college funded $56 million for our undergraduates last year.

For a complete breakdown of direct and indirect costs, visit the Tuition and Fees page.

Actual Cost
There are many scholarship and grant opportunities for Saints, including merit and need based scholarships. The best way to get an estimate of your actual cost to attend Siena is by using the Net Price Calculator. While it doesn’t guarantee you an award, it is a great tool for you to use in the planning process.

Applying for Financial Aid
At Siena we keep the application process simple, requiring only the Free Application for Federal Student Aid (FAFSA). We recommend you fill out the FAFSA as soon as possible after October 1. Financial aid award letters will be sent out in early December; the sooner we receive your FAFSA, the sooner we can send you an award letter.

 


Return on Investment
A Siena education is a great value and a smart investment. Here are some reasons why:

  • With 90% of students staying on for a second year, Siena College is one of the best in the country when it comes to freshman retention rates.
  • Our four-year graduation rate of 72% is more than twice our public competitors. According to the National Association of Colleges and Employers, a student who graduates in five or six years instead of four forgoes, $46,355 or $95,000 in earnings, respectively. They also lose as much as $150,882 in retirement savings, while increasing their student loan debt.
  • Siena’s loan default rate of just 2.7% (vs. national average of 11.8%) indicates that Saints are finding jobs and earn enough to afford paying back their student loans.
  • 94% of graduates since 2013 report they are employed or in graduate school within a year of graduating. And the average salary after graduation is $55,100.

Contacting Financial Aid
Please feel free to contact the our office at 518-783-2427 or aid@siena.edu with any questions you may have. You also have the option to schedule a one-on-one chat with a counselor.