Syracuse University Tuition and Fees

Syracuse University Tuition

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    By Susan Guillory

    (Last Updated – 06/2023)

    Total Cost of Attendance

    Located in upstate New York, Syracuse University is known for its heavy emphasis on research and its schools in business, design, engineering, and communications, among others. With consistently high educational rankings, Syracuse has a lot to offer.

    Syracuse University tuition for the 2022-23 school year was $60,135. This is significantly higher than the national average of $37,641 for tuition at private universities.

    Costs for 2022-2023

    Student Type

    In-State

    Out-State

    Tuition & Fees

    $60,135

    $60,135

    Books & Supplies

    $1,690

    $1,690

    Room & Board

    $17,170

    $17,170

    Other Expenses

    $1,952

    $1,952

    Total Cost of Attendance

    $80,947

    $80,947

    Financial Aid

    To help pay for Syracuse tuition, 88% of the students use some sort of Syracuse financial aid. This may consist of student loans, grants, scholarships, or a combination. Syracuse University is need-blind, meaning a student’s ability to pay for their education will not be a factor when they apply.

    Explore financial aid options: New York Student Loan & Scholarships.

    Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students that qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

    The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

    •  Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, and financial need.

    •  Grants: Generally based on financial need, these can come from federal, state, private, and non-profit organizations.

    •  Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

    •  Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

    Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.

    You can find other financial aid opportunities on databases such as:

    •  US Department of Education – Search for grants from colleges and universities by state

    •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

    •  Scholarship Search Tool

    Recommended: The Differences Between Grants, Scholarships, and Loans

    Private Student Loans

    At Syracuse University, 37% of students take out federal student loans, and 7% take out private loans averaging $26,377 to help cover the Syracuse University cost.

    Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.

    What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

    Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for as it generally may have better rates and terms.

    If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

    Recommended: Guide to Private Student Loans

    Projected 4-Year-Degree Price

    The Syracuse University cost for four years, based on 2022-23 numbers, would be $323,788. This includes Syracuse University tuition, fees, books, room and board, and other expenses. This is substantially higher than the four-year cost at a private institution in the U.S. of $218,004.

    Here’s some Student Loan & Scholarship Information for you.

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    Undergraduate Tuition and Fees

    Costs for 2022-23

    Student Type

    In-State

    Out-State

    Tuition & Fees

    $60,135

    $60,135

    Room & Board

    $17,170

    $17,170

    Total Cost of Attendance

    $77,305

    $77,305


    The combined cost of Syracuse University tuition and fees and room and board in 2022-23 was $77,305.

    Graduate Tuition and Fees

    Costs for 2022-23

    Student Type

    In-State

    Out-State

    Tuition

    $43,428

    $43,428

    Fees

    $1,362

    $1,362

    Total Cost of Attendance

    $44,790

    $44,790


    Syracuse tuition for graduate students in 2022-23 was $43,428, plus $1,362 in fees, for a combined cost of $44,790. This is lower than the national average for graduate school at a private university of $62,100.

    There are many options for graduate loans that can help with these costs.

    Cost per Credit Hour

    For part-time students at Syracuse University, the cost per credit hour is $2,544.

    Campus Housing Expenses

    Costs for 2022-23

    Student Type

    In-State

    Out-State

    Books & Supplies

    $1,690

    $1,690

    Room & Board

    $17,170

    $1,059/mo*

    Other Expenses

    $1,952

    $1,952

    Average rate based on available one-bedroom apartments on Syracuse University’s off-campus housing website in 2023.

    At Syracuse University, students are required to live on campus for their first two years of enrollment. They’ll live in one of 10 residence halls that feature open- and split-double rooms, as well as single rooms and open-triple rooms.

    For upperclassmen who choose to live off-campus, there are many duplexes, apartments, and houses located within walking distance.

    Syracuse University Acceptance Rate

    Fall 2021

    Number of Applications

    Number Accepted

    Percentage Accepted

    39,682

    23,412

    59%

    The Syracuse University acceptance rate is 59%.

    Admission Requirements

    Here’s what you’ll need to apply to Syracuse.

    Required:

    •  High school transcript

    •  Senior year grade report

    •  Secondary school counselor evaluation

    •  Two academic recommendations

    Recommended:

    •  SAT or ACT scores

    The deadline for Early Decision is November 15, with a decision given by December 16. The deadline for Early Decision II is January 5, with a decision given by mid-January. The deadline for Regular Decision is January 5, with a decision given by late March.

    SAT and ACT Scores

    Syracuse University currently does not require standardized test scores. But it still can be helpful to see the scores of other students. Here are the standardized test scores at the 25th and 75th percentile.

    Subject

    25th Percentile

    75th Percentile

    SAT Evidence-Based
    Reading/Writing

    610

    690

    SAT Math

    610

    710

    ACT Composite

    27

    32

    ACT English

    27

    34

    ACT Math

    25

    30

    Graduation Rate

    These are the graduation rates at Syracuse University:

    •  4 years: 72%

    •  6 years: 82%

    •  8 years: 84%

    Post-Graduation Median Earnings

    After completing an undergraduate degree at Syracuse University, students earn, on average, $74,446 per year. This is higher than the national average salary of $50,391 for undergraduates.

    Bottom Line

    With so many fields of study, as well as a strong emphasis on research, Syracuse University offers students a stellar education. And while Syracuse tuition is expensive, the university is need-blind, so you don’t have to worry about your ability to pay for college when you apply. Plus, there are plenty of Syracuse financial aid options to explore that could help you cover the cost.

    SoFi private student loans offer competitive interest rates for qualifying borrowers, flexible repayment plans, and no origination fees.

    View Your Rate

    Photo credit: iStock/Rebecca Todd

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