Syracuse University Tuition
Attending college is a huge financial decision for you and your family. If you’re considering attending Syracuse, it’s important to understand the financial commitment before enrolling. Syracuse University is a private college located in upstate New York. In the 2023-2024 school year, Syracuse University tuition came to $61,310. However, this only covers tuition – attending college has a number of other associated costs beyond the Syracuse tuition charge. Keep reading to understand other fees and costs you may need to pay in addition to your Syracuse University tuition.
While the Syracuse University tuition charge is the largest portion of the cost, it won’t be your only college expense. The tuition charge does not include mandatory fees or housing costs. If you plan to live on campus, the Syracuse University cost (including room and board as well as other fees) comes to $85,214. If you are planning to live off-campus, your cost of attendance will be less. However, you should factor in your cost of rent if you aren’t living with family.
In addition to the Syracuse tuition, fees, and housing costs, there are non-billed costs you should consider. For the 2023-2024 academic year, Syracuse University estimated a total of around $5,000 in indirect costs. Those indirect costs are accounted for in the costs of attendance mentioned above.
How much is Syracuse tuition?
As previously stated, the Syracuse tuition cost for 2023-2024 is $63,310. However, when you factor in Syracuse tuition and fees, the cost is closer to $68,000. This is the Syracuse tuition before financial aid is applied. The total Syracuse cost of attendance will be different for each family.
Each family’s Syracuse financial aid package will vary based on a number of different factors. Syracuse University offers different types of aid to students, ranging from merit scholarships to need-based grants. Applying for financial aid is the main way to reduce the cost of Syracuse University tuition each year.
The Syracuse tuition after aid will depend on the total amount of grants, scholarships, and loans awarded. To estimate how much Syracuse financial aid you may be offered, you can use this Syracuse tuition calculator. It uses your family’s income and financial information to calculate how much need-based aid you may be eligible for.
As you can see, the Syracuse Tuition calculator can help give you a more accurate Syracuse tuition cost. You may also be awarded a Syracuse scholarship based on merits, such as your academics, test scores, or extracurricular activities.
So, how much is Syracuse tuition? The sticker price may be $63,310, however, that doesn’t mean every student is paying the full price. It’s important to explore all sources of financial aid that can help cover your Syracuse University tuition.
How Much Does Syracuse Cost For 4 Years?
When committing to a college, it’s important to plan how you will cover the cost for each year of attendance. Generally, an undergraduate degree will take 4 years to complete. With the current cost of attendance, the Syracuse University cost over four years would be around $340,000.
While some costs may stay the same year to year, we’ve seen Syracuse tuition increase year after year. This past year, Syracuse tuition increased by 4.9%. Costs may continue to rise, so it’s important to factor in Syracuse tuition increases when mapping out your financing plan. However, that being said, the financial support budget also increased.
The Syracuse University cost also depends on the on-campus housing you choose, as different housing options vary in cost. Some students elect to move off-campus to save on housing costs. Others choose to participate in the Resident Advisors program which covers room and board. If you are interested in exploring the different housing options at Syracuse University, consider booking a tour through the Syracuse Admissions office.
Why Is Syracuse Tuition So High?
As you likely know, college is a major financial investment for many families. College tuition has risen significantly in the past few years, causing concern about college affordability. According to U.S. News, the average tuition cost for private universities is $39,723 per year. At $63,310, the Syracuse tuition is well above the national average. According to Forbes, the Syracuse tuition is higher due in part to inflation and the rising costs of college administration. Based on current trends, it’s expected that Syracuse tuition will continue to increase each year.
Syracuse tuition is expected to increase for a number of reasons. Tuition generally refers to the cost of taking classes at a particular college. However, the Syracuse tuition is high due to other important costs associated with attending the university. This includes the cost of faculty salaries as well as classroom and building maintenance.
As one of the best colleges in New York, it’s understandable that the Syracuse University tuition is so high. The high Syracuse tuition is reflective of the wide range of academic resources available to Syracuse students. Regardless, it still poses a significant barrier to many students.
How much is Syracuse tuition expected to increase? Based on past figures, it’s smart to generally anticipate around a 2-5% Syracuse tuition increase each year. Keep this Syracuse tuition figure in mind to help you plan ahead.
Syracuse Cost Of Attendance: How Much Will it Really Cost?
How do you know what your actual Syracuse University cost will be? Exploring financial aid options can be a great way to see what you can actually expect to pay. There are several Syracuse scholarship programs and financing options to explore. According to the Syracuse Admissions Office, over 83% of Syracuse students receive financial aid, helping to reduce their overall costs. Exhausting all your financial aid options can ensure that the Syracuse cost of attendance is financially feasible for your family.
You can view a breakdown of average costs based on family income here. Keep in mind these are just averages, but they can be a strong estimate of what your family may pay. Remember, the cost of Syracuse tuition after aid will vary for each student. Many students will utilize student loans to help offset the cost of college. The Syracuse tuition is undoubtedly high. But, many students are able to use a combination of grants, scholarships, and loans to reduce the Syracuse University cost.
Syracuse University Tuition: Final Thoughts
Overall, you should not be deterred by the high Syracuse University tuition. However, you should develop a financing plan to help cover your expenses. With the Syracuse tuition at $63,310 per year, covering the full Syracuse cost of attendance will be a significant financial investment for most students.
Syracuse University offers many unique opportunities and academic programs to its students. This includes a highly-ranked architecture program and over 200 majors and 100+ minors. Syracuse is also ranked highly as one of the best college towns in the Northeast. While the annual Syracuse tuition is high, a Syracuse University education is sure to be a worthy investment. Utilizing your financial aid options can help lower the cost of your Syracuse University tuition, so be sure to apply!
Paying for college is a major decision for students and families every year. It’s important to talk with your family about financing options and your plan to cover college expenses. Having conversations early on can help you understand what you and your family can afford. Be sure to check out our guide on College Tuition and College Costs here for a deeper dive!
This guide to Syracuse University Tuition was written by Jess Klein. Looking for more admissions support? Click here to schedule a free meeting with one of our Admissions Specialists. During your meeting, our team will discuss your profile and help you find targeted ways to increase your admissions odds at top schools. We’ll also answer any questions and discuss how CollegeAdvisor.com can support you in the college application process.