Binghamton University
Vestal, New York
Public
Recent News
Admissions Policies
Deposit & decision deadline (class of 2024)
May 1
Test-optional admissions ('20-'21)
Yes
Paying for Binghamton University
SUNY Binghamton provides financial aid packages to its students based on both merit and need. Financial need is determined and packages provided for need-based aid after students fill out the FAFSA and admissions packet. Financial aid awards come in the form of scholarships, federal, state and institutional grants, federal work-study , and student and parent federal loans.
Students can seek additional funds through off-campus employment opportunities and by researching and applying to outside scholarships. Additional aid opportunities may be available for students seeking summer and winter aid along with aid opportunities for studying abroad.
On the SUNY Binghamton Financial Aid page, students can find access to a variety of tools and resources including, the cost of attendance page, the net price calculator, a SUNY cost comparison worksheet, a handy student financing checklist, and a page dedicated to loan informational resources. There is also a helpful Tips for Affording College Page for students to access to help guide them in the process of applying for financial aid and paying for their education at Binghamton.
The SUNY Smart Track Financial Literacy budgeting tool links to courses, tools, tips, and articles. Students can create an account to access these helpful tools and comprehensive resources. Prospective students can sign up here while current students can sign up here.
SUNY Binghamton features a Financial Literacy and Wellness Center, part of Binghamton University Fleishman Center for Career and Professional Development and in partnership with Visions Federal Credit Union. This center provides students with financial wellness walk-in hours and workshop classes such as Adulting 101 and Guide to Financial Wellness, and Negotiating a Job Offer. The entrance of the center features an interactive display where students can experiment with web modules and learn about financial wellness topics.
Binghamton University Cost Breakdown
The total cost of attendance includes tuition and fees, books and supplies, and living expenses, as reported for the 2019-2020 school year.
Tuition and fees (in-state)
$10,201
Tuition and fees (out-of-state)
$27,791
Room and board
$16,068
Books and supplies
$1,000
Other
$1,000
Binghamton University Financial Aid
The average student pays this amount per year.
Percentage of freshman students who receive some form of financial aid.
This school's financial aid meets 69 % of student's demonstrated need.
Binghamton University Merit Scholarships
The average Binghamton University merit scholarship for students without financial need
of Binghamton University students without financial need receive a merit scholarship
SUNY at Binghamton provides its incoming freshman with merit scholarships. These merit-based scholarships are awarded to domestic and international students. There are three primary types that are awarded based on academic achievement alone: the President's Scholarship, the Provost's Scholarship and the Dean's Scholarship. These vary in amount and are renewable for up to 4 years.
Additionally, New York State residents can compete for merit scholarships that are available to top achieving high school students who are New York residents. The first is the Excelsior Scholarship which requires a separate application and is generally full-tuition based. Students can find out additional information about this scholarship here. The second is the New York State STEM Incentive Program Scholarship that students can apply for if they are planning on pursuing a STEM-related major. Additional information about this scholarship can be found here, including eligibility and application requirements.
Binghamton University Average Cost
Very few students pay the full price. Here's the average cost for students in different income brackets:
Binghamton University Financial Health
Resources
Endowment (2019)
$119,421,943
Endowment per enrolled student (FTE)
$7,273
State financial support per student
$8,697
This is higher than the national average ( $7,523).
Binghamton University Online Education
Share of Students Studying Online (Graduate and Undergraduate)
Equity
Likelihood that a student moved up two or more income quintiles.
Percent of first-time students receiving Pell Grants.
This is lower than the national average 31.0%
Relative to the market of potential students
Underrepresented
Black
Hispanic
Representative
Native American
Hawaiian
Multi-racial
Overrepresented
White
Asian
Binghamton University Student Loans
The average student takes out this amount in student loans.
The percentage of students that repay their loans within 5 years.
The percentage of students that repay their loans within 7 years.
The percentage of families that default on their loans after 3 years.
Binghamton University After College Salaries
After graduation, here's how the average salary of a Binghamton University graduate grows over time:
Binghamton University Admissions
SAT range:
1280 - 1440
ACT range:
29 - 32
Application fee:
$50
Search Colleges
See what you'll actually pay with Edmit.
Free price estimates for thousands of colleges
Custom reports based on your student profile
Recommendations to save thousands on college
About Our Data
The data and analysis above is sourced from the following reliable third party sources:
- - US Department of Education
- - ACCEPT: Admissions Community Cultivating Equity & Peace Today (deposit deadlines)
- - FairTest (testing policies)
- - National Association of College and University Business Officers (NACUBO) (endowment data)
- - National Center for Education Statistics
- - Opportunity Insights at Harvard University (mobility rates)
- - Peterson's
- - Public college-maintained websites
- - State Higher Education Executive Officers Association (SHEEO) (state funding data)
- - Urban Institute (racial representation data)
For more information, visit our Data page.
Our Financial Health information is designed to provide you with financial data on the private colleges you are considering. Our Post-Covid Resiliency Ratings are based on a data model described in more detail here as well as information from the independent third party sources we list above. Keep in mind, there may be additional public or private data which may make a college or university more or less financially resilient. We recommend that you request the most current financial information from the college or university you are considering so that you will have the most complete and current information available while evaluating the financial health of the institution and to inform your decision making process. All information and data we provide on this site is for informational purposes only and is not an endorsement, guarantee or other recommendation, whether favorable or unfavorable, regarding a particular institution. We make no representation or warranty regarding the information, all of which is provided free of charge and for informational purposes only.