Cost & Financial 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 University. 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.
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:
| Type | Resident Cost | Off-Campus Cost | Commuter Cost |
|---|---|---|---|
| Tuition Charges* | $43,680 | $43,680 | $43,680 |
| Fees | $2,200 | $2,200 | $2,200 |
| Books, Materials, Supplies & Equipment | $1,000 | $1,000 | $1,000 |
| Living Expenses** | $18,270 | $18,270 | $2,000 |
| Transportation | $600 | $600 | $1,100 |
| Personal | $1,250 | $1,250 | $1,250 |
| Total | $67,000 | $67,000 | $51,230 |
*Full-time is based on 12-18 credits per term. Students will incur additional per credit tuition charges above 18 credits.
**Resident Living Expenses amounts may vary depending on length of enrollment at Iona.
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:
| Student Status | Deadline |
|---|---|
| Incoming Freshmen | April 15, prior to the fall term in which you will initially enroll, for priority consideration |
| Incoming Transfer Students | Within 30 days from the date of admittance to the University |
| Incoming Graduate Students | Within 30 days from the date of admittance to the University |
| Returning Iona Students | April 15, prior to the start of the upcoming fall term |
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 University, federal and state awards based on demonstrated financial need. Scholarships and grants do not need to be repaid.
- Iona University students are eligible for:
- Iona University Awards
- Federal Grants and Tax Benefits
- New York State Grants and Scholarships
- Private Scholarships
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.
Student Employment
Iona University 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
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