College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

Can You Afford Binghamton University?

Concerned about paying for college? Take a look at Binghamton University’s financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

Attendance Costs in 2020 - 2021 Varied Between $13,589 & $45,205

Worried about paying the full cost of $45,205 to attend Binghamton University? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in New York, the university offers a discount of 63.7% off tuition and fees. Also, 57.9% of freshmen receive some form of financial aid, with the average amount totaling $9,398. Students from low-income families receive an average of $14,026 in aid during their first year.

Cost for Residents of New York (no aid)

Tuition and fees$10,014
+ Room and board$15,601
+ Other expenses$2,000
Total cost$27,615
Affordability Score (46 out of 100)
more expensive
less expensive

Net Price for Residents of New York (with average aid)

Total cost$27,615
- Grants and scholarships$9,398
Net price$18,217
Affordability Score (51 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of New York

Total cost$27,615
- Grants and scholarships$14,026
Net price$13,589
Affordability Score (63 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$27,604
+ Room and board$15,601
+ Other expenses$2,000
Total cost$45,205
Affordability Score (23 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$45,205
- Grants and scholarships$9,398
Net price$35,807
Affordability Score (10 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$45,205
- Grants and scholarships$14,026
Net price$31,179
Affordability Score (11 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at Binghamton University.

Projected Costs Between $53,977 and $273,290 For a Four Year Degree. Between $27,042 and $133,138 For a Two Year Degree.

It can be a bit scary to look at the total projected cost of a college education over the course of a multi-year degree, however, doing so will help you better understand the financial commitment you are making.

The overall cost for on-campus, in-state students to attend Binghamton University in 2020 - 2021 was $27,615. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 2.5% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $29,024 during their first year. By their senior year, that cost will be approximately $31,274, for a bachelor degree candidate ($29,756 for an associate degree candidate) for a total of $120,560 over the course of four years ($58,780 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

The cost for out-of-state students is more, with an overall expected four-year cost of $197,898 based on a yearly growth rate of 2.6%. The expected two-year cost is $96,410.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at Binghamton University

Cost With Interest for Residents of New York

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-0.0%2.5%
Freshman year$13,535$18,206$29,024
Senior year$13,508$18,201$29,756
Total 2-year net price$27,042$36,407$58,780
10-year loan interest @ 6.8%$10,302$13,870$22,393
Total monthly payment$311$419$676
Total amount paid$37,344$50,276$81,173
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-0.0%2.5%
Freshman year$13,535$18,206$29,024
Senior year$13,454$18,190$31,274
Total 4-year net price$53,977$72,792$120,560
10-year loan interest @ 6.8%$20,563$27,731$45,929
Total monthly payment$621$838$1,387
Total amount paid$74,540$100,522$166,489

Cost With Interest for Out-Of-State Residents

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*2.3%2.6%
Freshman year$32,969$37,488$47,586
Senior year$33,902$38,357$48,823
Total 2-year net price$66,870$75,845$96,410
10-year loan interest @ 6.8%$25,475$28,894$36,729
Total monthly payment$770$873$1,109
Total amount paid$92,346$104,739$133,138
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*2.3%2.6%
Freshman year$32,969$37,488$47,586
Senior year$35,848$40,158$51,395
Total 4-year net price$137,579$155,250$197,898
10-year loan interest @ 6.8%$52,413$59,145$75,392
Total monthly payment$1,583$1,787$2,277
Total amount paid$189,992$214,395$273,290

Visit net price and financial aid to learn more about the total cost of attending Binghamton University.

Further Questions to Consider

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