Farmingdale State College - Net Price, Tuition, Cost to Attend, Financial Aid and Student Loans

How much does it cost to attend?

In State New York Resident Sticker Price

$25,346

In State Costs for Farmingdale State College
Fee	Cost
Tuition	$7,070
Books and Supplies	$1,300
Other Fees	$1,506
Room and Board	$13,470
Other Expenses Budget	$2,000

Out of State Resident Sticker Price

$35,256

Out of State Costs for Farmingdale State College
Fee	Cost
Tuition	$16,980
Books and Supplies	$1,300
Other Fees	$1,506
Room and Board	$13,470
Other Expenses Budget	$2,000

Residents of New York pay an annual total price of $25,346 to attend Farmingdale State College on a full time basis. This fee is comprised of $7,070 for tuition, $13,470 room and board, $1,300 for books and supplies and $1,506 for other fees.

Out of state residents are charged a total cost of $35,256 which is 39.1% higher than New York residents. The tuition charge is $16,980 while room and board is $13,470, books and supplies are $1,300 and other fees come in at $1,506.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Farmingdale State College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020

$7,948

Net Price by Income Farmingdale State College
Family Income	Net Price Paid
$0 to $30,000	$3,335
$30,001 to $48,000	$6,411
$48,001 to $75,000	$10,914
$75,001 to $110,000	$12,441
$110,000+	$16,316

The average reported annual net price for Farmingdale State College for students receiving grants or scholarship aid was $7,948 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

73% of full-time undergrad Farmingdale State College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $8,643 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 27% of students received Federal Student Loans averaging $4,676 and 2% of undergrads took out private student loans averaging $8,231.

Finanical Aid Farmingdale State College
Type	Avg./Student	Students Receiving
Total Grant and Scholarship Aid	$8,643	73%
Institutional Grants and Scholarships	$1,400	61%
Pell Grants	$4,984	39%
Other Federal Grants	$2,989	5%
State and Local Grants	$3,995	60%
Federal Student Loans	$4,676	27%
Other Student Loans	$8,231	2%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Farmingdale State College, we've modeled a ten year student loan with an original principal value of $24,488. The loan balance of $24,488 is a four year multiple of the $6,122 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $234 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.


Example Loan	$24,488
Stafford Loan Interest Rate	2.75%
Time to Pay Off Student Loan	10 years
Example Monthly Payment	$233.64
Total Interest Paid	$3,549.10
Sum of All Loan Payments	$28,037.10

Projected 4 Year Degree Price

4 Year Sticker Price

$101,384

Year	New York Residents	Non Residents
1	$25,346	$35,256
2	$25,816	$35,910
3	$26,295	$36,576
4	$26,783	$37,254

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Farmingdale State College to be $101,384 - assuming graduation in normal time. The estimation assumes a 1.9% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Farmingdale State College
	Price Per Credit	3 Credit Class	4 Credit Class
New York Residents	$295	$885	$1,180
Out of State Residents	$708	$2,124	$2,832

Estimated cost for a class at Farmingdale State College based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Farmingdale State College versus other colleges.