Earlier this year, Syracuse University made national news for offering families late-cycle financial aid packages. The university has different plans this year, said Ryan Williams, SU’s vice president for enrollment services.
“We’re planning to go out with a much stronger discount rate off the bat,” he said at Wednesday’s University Senate meeting. “We’re making sure that the families know that we’re putting forth an effort to understand where they are economically.”
Last year, SU budgeted 38.6% of tuition dollars for financial aid, though it ended up at 45%, Williams said. This year, the university’s 40% discount rate remains lower than peer institutions but is an “increase over historical percentages.”
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