Syracuse Sun

Syracuse University has announced a significant increase in its commitment to student financial aid for the 2024-25 academic year. The university's budget will allocate over $372 million towards supporting students through various means such as financial aid, grants, scholarships, and other forms of assistance. This represents an 8% increase from the previous year.

Ryan Williams, Vice President for Enrollment Services at Syracuse University, said, "We are focused on creating opportunity for and providing access to talented students from across the socioeconomic spectrum. Our historic commitment to financial aid ensures that Syracuse University continues to be a place where students from a variety of backgrounds can live, learn and thrive." He also mentioned that after receiving a record-breaking number of applications this admissions cycle, they are excited to welcome an exceptional group of students in the fall.

The Board of Trustees has approved the following rates for tuition, room and board, and fees:

- Tuition for full-time undergraduates will be $63,710, reflecting a 3.9% increase.

- Room rates for most full-time new and returning undergraduates will be set at $10,500.

- Board rates have been increased by 3%, with the rate now standing at $7,880. This includes the Orange Unlimited meal plan which offers greater value and flexibility.

- There will be no increase in the student activity fee.

- The residential internet and cable access and service fees will amount to $460.

- The co-curricular fee will be set at $275.

- The health and wellness fee will stand at $872.

At present, Syracuse University aims to meet 100% of demonstrated need with financial aid awards comprising scholarships and grants, federal and state grants, private scholarships and grants, federal student loans and federal work-study.