Annual Costs

Undergraduate Tuition

SUNY at Binghamton tuition is $6,670 per year for in-state residents. This is 5% cheaper than the national average public four year tuition of $7,056. The cost is 70% cheaper than the average New York tuition of $22,120 for 4 year colleges. Tuition ranks 32nd in New York amongst 4 year colleges for affordability and is the 154th most expensive 4 year college in the state. If attending from out-of-state, the tuition is $21,550 which represents a 223% premium.

The school charges an additional fees of $2,853 in addition to tuition bringing the total effective in-state tuition to $9,523.

Housing Costs

On campus room and board is provided by the school at a cost of $14,577 per academic year. Students electing to live off campus elsewhere in Vestal should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,000.

Other Living Expenses

If living on-campus, students should budget for $1,000 in additional living expenses. Off-campus students should budget for $1,000 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state New York residents to go to Binghamton University is $26,100 for the 2017/2018 academic year. Out-of-state students who don't have New York residence can expect a one year cost of $40,980.

Citation: Price data from the U.S. Department of Education's 2017-2018 and 2016-2017 IPEDS survey response for SUNY at Binghamton and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for SUNY at Binghamton
Estimated Budgets
New York Resident Total Budget $26,100
   In-State Tuition$6,670
   Other Fees$2,853
   Room and Board$14,577
   On-Campus Other Budget$1,000
   Books and Supplies$1,000
Non-Resident Total Budget $40,980
   Out-of-State Tuition$21,550
   Other Fees$2,853
   Room and Board$14,577
   On-Campus Other Budget$1,000
   Books and Supplies$1,000


What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $26,100 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported Binghamton University net price for in-state students is $15,572* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

50% of SUNY at Binghamton students received grant aid in 2014/2015. The average total aid amount was $7,019. 27 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $4,631. To apply for a Pell Grant to attend SUNY at Binghamton, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for SUNY at Binghamton
Financial Aid Summary
Average Annual Net Price$15,572*
Percent of Students Receiving Grant Aid50%
Average Total Grant Aid$7,019
Percent of Students Receiving Pell Grants27%
Average Amount of Pell Grant Aid$4,631

Average Net Price for In-State Students by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$10,585
$30,001 to $48,000$13,534
$48,001 to $75,000$18,424
$75,001 to $110,000$21,249

Average Financial Aid Mix - $26,100 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $26,100. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.


Grants and Scholarships

 28% - $7,019

Money granted to you by the U.S. Department of Education, SUNY at Binghamton or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 22% - $5,504

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

 50% -  $12,577

Covered by family savings, work or private student loans which you will have to repay.

*Reported Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Is it Worth the Cost?

To make a comparative assessment if Binghamton University is worth the price, measures of it's relative value for tuition dollar can be examined. We've calculated an academic national percentile rating of 90/100 for SUNY at Binghamton. Considering an average net price paid of $14,031, this leads to an overall value ranking of 82/100. This places the school 26th on our national Best Value Colleges ranking as a provider of a very high value education compared to actual overall price paid.

Tuition Comparison to Similar Public Colleges in the Region

School Cost vs. SUNY at Binghamton
United States Military Academy100% less expensive
The College of New Jersey89.4% more expensive
Stony Brook University0% less expensive
University of Connecticut79.9% more expensive
University of Maryland College Park27.2% more expensive

Cost of a Degree

When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at SUNY at Binghamton.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at Binghamton University is $104,400 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $14,031 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $56,124**

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $130,500 or $70,155 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at SUNY at Binghamton.

New York Resident Tuition Per Semester$3,335
New York Resident Total Cost Per Semester$13,050
Non-New York Resident Tuition Per Semester$10,775
Non-New York Resident Total Cost Per Semester$20,490

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at SUNY at Binghamton are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at SUNY at Binghamton
Price per credit hour for New York residents$278
Cost for one class for New York residents (3 credit hours)$834
Price per credit hour for out of state residents$898
Cost for one class for out of state residents (3 credit hours)$2,694
Cost for one class for out of state residents (4 credit hours)$3,592


Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 48% of SUNY at Binghamton students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,504. The reported average student debt upon graduation is $23,912.

Example Loan Payments and Costs

How much are student loan payments for SUNY at Binghamton? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $56,124, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $69,637.01. This could be your effective total out of pocket cost of an education at SUNY at Binghamton. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 50% of students at this school who receive financial aid and you are paying an average annual net price of $14,031. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our SUNY at Binghamton student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

SUNY at Binghamton Student Loan Payments
Example Payments
Monthly Loan Payment$580.31
Amount Borrowed$56,124.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$13,513.01
Sum of All Payments over 10 years$69,637.01

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Binghamton University? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending SUNY at Binghamton, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $69,637.01 would be needed to afford a $580.31 monthly payment in the example $56,124.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to SUNY at Binghamton in the future? In the past four years, this school's published in-state tuition and fee total rose from $5,570 to $6,670. This amounts to an average annual price increase of 3.9%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current in-state 4 year cost of $104,400.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for SUNY at Binghamton.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$35,894$143,574
Estimated Cost in 10 years for students enrolling in 2029$45,810$183,241
Estimated Cost in 15 years for students enrolling in 2034 $58,467$233,867
Estimated Cost in 18 years for students enrolling in 2037 $67,683$270,731

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at SUNY at Binghamton to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Registered Nursing/Registered Nurse Bachelor's Degree 213 14% costlier
Business Administration and Management, General Bachelor's Degree 197 19% costlier
Accounting Bachelor's Degree 174 10% costlier
Social Sciences, General Bachelor's Degree 166 7% costlier
Mechanical Engineering Bachelor's Degree 106 3% cheaper
Computer and Information Sciences, General Bachelor's Degree 83 11% costlier
Psychology, Other Bachelor's Degree 62 12% cheaper
Electrical and Electronics Engineering Bachelor's Degree 47 3% cheaper
Industrial Engineering Bachelor's Degree 44 2% costlier
Computer Engineering, General Bachelor's Degree 33 3% cheaper
International Relations and Affairs Bachelor's Degree 33 13% cheaper
Biochemistry Bachelor's Degree 30 12% cheaper
Information Science/Studies Bachelor's Degree 29 5% costlier
History, General Bachelor's Degree 28 0% costlier
Mathematics, General Bachelor's Degree 28 0% cheaper
English Language and Literature, General Bachelor's Degree 23 2% costlier
Economics, General Bachelor's Degree 20 8% cheaper
Bioengineering and Biomedical Engineering Bachelor's Degree 19 20% cheaper
Philosophy Bachelor's Degree 17 9% cheaper
Political Science and Government, General Bachelor's Degree 13 1% cheaper
Spanish Language and Literature Bachelor's Degree 13 5% cheaper
Physics, General Bachelor's Degree 12 7% cheaper
Psychology, General Bachelor's Degree 12 1% costlier
Sociology Bachelor's Degree 11 0% cheaper
Biology/Biological Sciences, General Bachelor's Degree 10 1% costlier
Art/Art Studies, General Bachelor's Degree 9 5% costlier
Geography Bachelor's Degree 6 11% costlier
French Language and Literature Bachelor's Degree 6 11% cheaper
Latin American Studies Bachelor's Degree 5 23% cheaper
Rhetoric and Composition Bachelor's Degree 5 10% costlier
Asian Studies/Civilization Bachelor's Degree 5 22% cheaper
Social Sciences, Other Bachelor's Degree 5 13% cheaper
African-American/Black Studies Bachelor's Degree 5 13% cheaper
Chemistry, General Bachelor's Degree 5 2% cheaper
Natural Resources/Conservation, General Bachelor's Degree 4 2% costlier
Italian Language and Literature Bachelor's Degree 4 21% cheaper
Anthropology Bachelor's Degree 4 9% cheaper
Cinematography and Film/Video Production Bachelor's Degree 4 4% cheaper
Music Performance, General Bachelor's Degree 3 3% costlier
Arabic Language and Literature Bachelor's Degree 3 10% cheaper
Multi-/Interdisciplinary Studies, Other Bachelor's Degree 3 2% cheaper
Music, General Bachelor's Degree 3 1% cheaper
Linguistics Bachelor's Degree 3 17% cheaper
Art History, Criticism and Conservation Bachelor's Degree 3 17% cheaper
Drama and Dramatics/Theatre Arts, General Bachelor's Degree 2 4% cheaper
Asian-American Studies Bachelor's Degree 2 26% cheaper
Classics and Classical Languages, Literatures, and Linguistics Bachelor's Degree 2 23% cheaper
Jewish/Judaic Studies Bachelor's Degree 2 17% cheaper
Comparative Literature Bachelor's Degree 1 26% cheaper
Geology/Earth Science, General Bachelor's Degree 1 1% cheaper
Hebrew Language and Literature Bachelor's Degree 1 4% cheaper
German Language and Literature Bachelor's Degree 1 13% cheaper
Humanities/Humanistic Studies Bachelor's Degree 1 4% cheaper


Use the calculators below to formulate a college savings plan for SUNY at Binghamton or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford SUNY at Binghamton in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a SUNY at Binghamton student loan.

Prepayment Option

About SUNY at Binghamton

SUNY at Binghamton is a four year public college located in Vestal, New York.  Full time enrollment is 15,327 and part time is 1,965.

Students attending this school may pursue both undergraduate and graduate degrees.

SUNY at Binghamton
4400 Vestal Parkway East
Vestal, New York

For Profit / Not For Profit Status

SUNY at Binghamton is a public not for profit institution. Public schools often represent the best value for your education dollar, especially when students qualify for in-state tuition.

SUNY at Binghamton cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=196079 IPEDS survey data.