SUNY at Binghamton - 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

$29,454

In State Costs for SUNY at Binghamton
Fee	Cost
Tuition	$7,070
Books and Supplies	$1,000
Other Fees	$3,320
Room and Board	$17,064
Other Expenses Budget	$1,000

Out of State Resident Sticker Price

$45,484

Out of State Costs for SUNY at Binghamton
Fee	Cost
Tuition	$23,100
Books and Supplies	$1,000
Other Fees	$3,320
Room and Board	$17,064
Other Expenses Budget	$1,000

In-State Tuition

In-state tuition at SUNY at Binghamton for undergraduate students residing in New York is $7,070. Room and board charges total $17,064 per year. Students will also need to budget for books and supplies, which typically amount to $1,000 annually. Other administrative or academic fees are $3,320 for the year. Additionally, students should plan an estimated $1,000 for other miscellaneous expenses throughout the year. In sum, residents attending SUNY at Binghamton full time should expect a total annual cost of $29,454.

Out-of-State Tuition

Undergraduate tuition at SUNY at Binghamton is $23,100 for out-of-state students. Additionally, out-of-state students are charged $17,064 for room and board, $1,000 for textbooks and educational resources, plus fees of $3,320. Students are advised to budget $1,000 for other expenses. When these costs are combined, annual out-of-state charges total $45,484. This figure is 54.4% higher than what New York residents pay.

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

Net Price

The average reported annual net price for SUNY at Binghamton for students receiving grants or scholarship aid was $19,061 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

The net price provides a more realistic estimate of the true cost of attending SUNY at Binghamton, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020

$19,061

Net Price by Income SUNY at Binghamton
Family Income	Net Price Paid
$0 to $30,000	$13,380
$30,001 to $48,000	$16,323
$48,001 to $75,000	$21,423
$75,001 to $110,000	$22,259
$110,000+	$26,047

Financial Aid

73% of full-time undergrad SUNY at Binghamton received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $9,881 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 48% of students received Federal Student Loans averaging $5,444 and 7% of undergrads took out private student loans averaging $15,494.

Finanical Aid SUNY at Binghamton
Type	Avg./Student	Students Receiving
Total Grant and Scholarship Aid	$9,881	73%
Institutional Grants and Scholarships	$3,766	53%
Pell Grants	$5,072	25%
Other Federal Grants	$1,521	24%
State and Local Grants	$4,837	48%
Federal Student Loans	$5,444	48%
Other Student Loans	$15,494	7%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to SUNY at Binghamton, we've modeled a ten year student loan with an original principal value of $56,124. The loan balance of $56,124 is a four year multiple of the $14,031 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 $595 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 4.99%.


Example Loan	$56,124
Stafford Loan Interest Rate	4.99%
Time to Pay Off Student Loan	10 years
Example Monthly Payment	$595.01
Total Interest Paid	$15,276.94
Sum of All Loan Payments	$71,400.94

Projected 4 Year Degree Price

4 Year Sticker Price

$117,816

Year	New York Residents	Non Residents
1	$29,454	$45,484
2	$30,000	$46,328
3	$30,557	$47,187
4	$31,123	$48,062

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at SUNY at Binghamton to be $117,816 - 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 SUNY at Binghamton
	Price Per Credit	3 Credit Class	4 Credit Class
New York Residents	$295	$885	$1,180
Out of State Residents	$1,038	$3,114	$4,152

Estimated cost for a class at SUNY at Binghamton 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 SUNY at Binghamton versus other colleges.