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UAlbany Financial Aid

Scholarships

Undergraduate Scholarships

University scholarships are offered to incoming freshmen who qualify for admission as a Presidential, Frederick Douglass or College Scholar.  These merit scholarships are in addition to any need-based aid to which the student may be entitled.  The amount of the scholarship offered to each Presidential Scholar may vary.  Presidential Scholars who are New York State residents can receive up to $2,500 per year and out of state students can qualify for up to $6,000 per year in renewable scholarship funding.

Transfer students can apply for the Transfer Presidential Scholars Program.  A $1,000 merit scholarship will be awarded per year for two years.   To be considered, students must have an outstanding academic record (3.5 GPA or higher) and plan to continue their education as a full-time student.  Phi Theta Kappa members will receive special consideration.

Students can receive additional information about these scholarships by contacting the Undergraduate Admissions Office.

Scholarships Paid to the University

Most scholarships awarded by the University such as University Honors, Frederick Douglass, and Athletic Scholarships, and most external donor scholarships are paid directly to the Office of Student Accounts on your behalf.  Because we receive these funds directly from the program or donor, we credit these scholarships up-front as anticipated aid on your account as soon as you or the donor informs us about them.

When such scholarship checks from donors are made payable to the University, we simply credit them to your account as soon as we receive them.  When a scholarship check from a donor is made payable to you, we send out a postcard asking you to come to the Office of Student Accounts Bursar counter to endorse it and then apply the amount to your account.

Scholarships Paid Directly to the Student

Other scholarships, such as some external donor scholarships, are paid directly to you -- not to the Office of Student Accounts.  For this reason, they are not credited as anticipated aid on your account.  You may use the money for any education-related expense.

Scholarships Can Change Your Financial Aid Eligibility

If you are receiving financial aid, you must inform the University's Financial Aid Office of any scholarship you receive from any source outside the University.  If you do not, you may be overfunded with financial aid and may owe a repayment.  That is, the amount of other financial aid may be reduced because of the scholarship, resulting in a new "balance due" on your account.