Apply » Financial Aid » Determining Financial Need

Determining Financial Need

Like many community colleges, Herkimer College prioritizes financial aid awards according to financial need. A student's financial need is the difference between the student's cost of attendance at Herkimer College, and the amount their family is expected to contribute to the student's education.

Cost of Attendance (COA)

Cost of attendance is an estimate of the full expense associated with attending Herkimer College for one academic year. Included in our cost estimate is tuition, fees, book charges, room & board and basic allowance for transportation and personal expenses. For local students commuting from home, the estimate also includes expenses for all categories.

Expected Family Contribution (EFC)

Expected family contribution is determined by a formula generated by the U.S. Congress, and is based on information from the FAFSA (Free Application for Federal Student Aid). The results are forwarded to the schools listed on the FAFSA to determine aid eligibility. The EFC is a measure of a family's financial strength. It is an estimate of the money the government perceives a family can contribute to their student's educational expenses for a year. It is an estimate, NOT the amount a family is expected to pay.

Your Financial Aid Package

The College gives priority in awarding financial aid to those students with the greatest need. Herkimer College uses all available federal and state aid, outside scholarships and resources in determining a financial aid package that comes close as possible to meet the student's financial need.  The College's recommends filing the FAFSA early since funds are limited.


Cost of attendance ± $16,450
Expected family contribution - $2,000
Federal Pell Grant -  $3,780
NYS Tap Award - $1,900
Outside scholarship - $1,500
Federal Direct Subsidized Loan - $3,500
Federal Direct Unsubsidized Loan - $2,000
Supplemental Education Opportunity Grant - $400
Federal Work Study - $1,100

Award Notification

Once your application has been processed, the Herkimer College Financial Aid office will notify you of your financial aid eligibility. All award offers must be accepted or declined by the appropriate deadline.

To accept or decline award offers electronically, students can access their award information on Student Online Services.

To ask questions or learn more, contact financial aid at 315-574-4035 or request information.