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Binghamton University Tuition & Cost

Vestal, New York

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How much does it cost to attend?

In State New York Resident Sticker Price
$27,615
In State Costs for SUNY at Binghamton
Fee Cost
Tuition$7,070
Books and Supplies$1,000
Other Fees$2,944
Room and Board $15,601
Other Expenses Budget$1,000
Out of State Resident Sticker Price
$45,205
Out of State Costs for SUNY at Binghamton
Fee Cost
Tuition$24,660
Books and Supplies$1,000
Other Fees$2,944
Room and Board $15,601
Other Expenses Budget$1,000

Residents of New York pay an annual total price of $27,615 to attend SUNY at Binghamton on a full time basis. This fee is comprised of $7,070 for tuition, $15,601 room and board, $1,000 for books and supplies and $2,944 for other fees.

Out of state residents are charged a total cost of $45,205 which is 63.7% higher than New York residents. The tuition charge is $24,660 while room and board is $15,601, books and supplies are $1,000 and other fees come in at $2,944.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend SUNY at Binghamton when typical grants and scholarships are considered. The net price varies by family income and 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

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

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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 $535 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 $56,124
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $535.48
Total Interest Paid $8,134.18
Sum of All Loan Payments $64,258.18

Projected 4 Year Degree Price

4 Year Sticker Price
$110,460
Year New York Residents Non Residents
1 $27,615 $45,205
2 $28,127 $46,043
3 $28,649 $46,897
4 $29,180 $47,767

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 $110,460 - 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 $1,028 $3,084 $4,112

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.

Tuition Payment Plans Available

SUNY at Binghamton Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan No
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=196079 IPEDS survey data for SUNY at Binghamton.