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Cost & Financial Aid

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Still have questions about cost and aid?

Your college education is an important investment. We’re here to help you and your family navigate the process, understand your options, and make the best decisions for your future.

Cost of Attendance

Your cost of attendance is the net price you pay to attend Iona College. It’s determined by your total tuition and fees and your financial aid package. Answer a few questions and our Net Price Calculator tool will estimate your cost to attend.

Net Price Calculator

Tuition & Fees

Your total cost in tuition and fees is determined by a number of factors — whether you’re an undergraduate or graduate, full or part-time student, living on campus or off. An incoming full-time freshman would have the following tuition and fees depending on whether they live on campus or commute:

Full-Time Undergraduate Tuition 2020-2021
Charges Resident Cost Commuter Cost
Tuition Charges* $39,380 $39,380
Program Fee $2,200 $2,200
Room and Board $16,208 N/A
Total $57,788 $41,580

*Full-time is based on 12-18 credits per term. Students will incur additional per credit tuition charges above 18 credits.

More on Cost of Attendance

Financial Aid

What’s the difference between need-based and merit-based aid? What forms do I need to fill out when? Student Financial Services wants to help you find the financial aid solutions that are right for you.

All Iona students applying for financial aid must complete the Free Application for Federal Student Aid (FAFSA), using our school code of 002737. Your FAFSA must be filed by the following deadlines for the 2021-22 school year:

FAFSA Deadlines
Student Status Deadline
Incoming Freshmen April 15, 2021, for priority consideration
Incoming Transfer Students Within 30 days from the date of admittance to the College
Incoming Graduate Students Within 30 days from the date of admittance to the College
Returning Iona Students April 15, 2021

How to Apply for Aid 

Incoming freshmen should complete the following steps to be considered for financial aid.

Step 1: Apply to Iona

All new undergraduate applicants are automatically considered for merit-based aid based on their academic records when they apply to Iona. Incoming undergraduate students are eligible for the Iona Merit, Heritage, Gael, and President’s Scholarships, which currently range from $10,000 to $25,000 per year.

More on Scholarships

Step 2: Complete FAFSA

The FAFSA is a federal form that determines your eligibility for federal grants and loans. Complete your FAFSA using Iona’s school code 002737 by April 15. Within 4 weeks of completing FAFSA, New York State residents who complete a FAFSA will receive a notification to fill out a TAP application to determine eligibility for state tuition assistance programs. 

FAFSA FAQs

Step 3: Review Your Student Aid Report and Award Letter

Within a few weeks of submitting your FAFSA, you’ll receive your Student Aid Report (SAR). Your report will tell you if you need to take any additional action. Iona will use your SAR to determine your aid package and will send you an award notification letter.

Review this letter, contact us if you have any questions, and respond quickly to notify us that you accept all, part or none of the financial aid package offered.

More on Applying for Aid

Undergraduate transfer students should complete the following steps to be considered for financial aid.

Step 1: Apply to Iona

All new undergraduate applicants are automatically considered for merit-based aid based on their academic records when they apply to Iona. Incoming transfer students are eligible for the Transfer and Iona Celtic Scholarships, which range from $10,000 to $18,000 per year. 

More on Scholarships

Step 2: Complete FAFSA

The FAFSA is a federal form that determines your eligibility for federal grants and loans. Complete your FAFSA using Iona’s school code 002737 within 4 weeks of receiving your admission to Iona. Within 4 weeks of completing FAFSA, New York State residents who complete a FAFSA will receive a notification to fill out a TAP application to determine eligibility for state tuition assistance programs. 

FAFSA FAQs

Step 3: Review Your Student Aid Report and Award Letter
Within a few weeks of submitting your FAFSA, you’ll receive your Student Aid Report (SAR). Your report will tell you if you need to take any additional action. Iona will use your SAR to determine your aid package and will send you an award notification letter.

Review this letter, contact us if you have any questions, and respond quickly to notify us that you accept all, part or none of the financial aid package offered.

More on Applying for Aid

Step 1: Apply to Iona

All new graduate applicants are automatically considered for graduate scholarships based on their academic records, employment status, and other factors when they apply to Iona. 

More on Scholarships

Step 2: Complete FAFSA

The FAFSA is a federal form that determines your eligibility for federal grants and loans. Complete your FAFSA using Iona’s school code 002737 within 4 weeks of receiving your admission to Iona. 

FAFSA FAQs

Step 3: Review Your Student Aid Report (SAR) and Award Letter

Within a few weeks of submitting your FAFSA, you’ll receive your Student Aid Report (SAR). Your report will tell you if you need to take any additional action. Iona will use your SAR to determine your aid package and will send you an award notification letter.

Review this letter, contact us if you have any questions, and respond quickly to notify us that you accept all, part or none of the financial aid package offered.

More on Applying for Aid

Types of Financial Aid

Scholarships and Grants

Scholarships are financial aid awards based on student achievement and financial need. Iona automatically considers undergraduate and graduate applicants for merit-based scholarships and other specialty awards. Grants are Iona College, federal and state awards based on demonstrated financial need. Scholarships and grants do not need to be repaid. 

  • Iona College students are eligible for:
  • Iona College Awards
  • National Science Foundation S-STEM Program
  • Federal Grants and Tax Benefits
  • New York State Grants and Scholarships
  • Private Scholarships

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Loans

There are two main types of student loans available: federal loans and private loans. FAFSA determines your eligibility for federal loans. Your aid package may include both subsidized — where interest is partially paid for by the government — and unsubsidized federal loans.

We strongly recommend that students borrow the maximum in Federal Direct Loans before considering an alternative (private) student loan. Federal Direct loans tend to be less expensive with fixed interest rates and provide more options for repayment.

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Student Employment

Iona College offers many opportunities for you to work on campus, including:

  • Federal Work Study — jobs for students who qualify for the federally-sponsored program
  • On-campus employment — part-time opportunities for students who don’t qualify for Federal Work Study
  • Graduate Assistantships — up to 20 hrs/week; opportunities vary by the academic department

More on Student Employment

Brianna Marrero

I am a first-generation college student working hard to change my community and inspire others. I have absorbed Iona’s values of integrity, diversity and the pursuit of knowledge and truth. I will uphold these values throughout my life and in my career.

Brianna Marrero '20, Annual Fund Scholarship recipient

99%

of first-year students receive scholarship aid

86%

of full-time undergraduates receive need-based financial aid

$52.7

million awarded in scholarships and grants for 2018-19