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Annual Costs

Undergraduate Tuition

SUNY at Purchase College 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 21st in New York amongst 4 year colleges for affordability and is the 165th most expensive 4 year college in the state. If attending from out-of-state, the tuition is $16,320 which represents a 145% premium.

The school charges an additional fees of $1,828 in addition to tuition bringing the total effective in-state tuition to $8,498.

Housing Costs

On campus room and board is provided by the school at a cost of $13,334 per academic year. Students electing to live off campus elsewhere in Purchase should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,250.

Other Living Expenses

If living on-campus, students should budget for $3,270 in additional living expenses. Off-campus students should budget for $3,870 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state New York residents to go to Purchase College is $26,352 for the 2017/2018 academic year. Out-of-state students who don't have New York residence can expect a one year cost of $36,002.

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

Costs and Tuition for SUNY at Purchase College
Estimated Budgets
New York Resident Total Budget $26,352
   In-State Tuition$6,670
   Other Fees$1,828
   Room and Board$13,334
   On-Campus Other Budget$3,270
   Books and Supplies$1,250
Non-Resident Total Budget $36,002
   Out-of-State Tuition$16,320
   Other Fees$1,828
   Room and Board$13,334
   On-Campus Other Budget$3,270
   Books and Supplies$1,250

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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 $26,352 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 Purchase College net price for in-state students is $17,325* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

60% of SUNY at Purchase College students received grant aid in 2014/2015. The average total aid amount was $6,240. 35 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 $4,412. To apply for a Pell Grant to attend SUNY at Purchase College, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for SUNY at Purchase College
Financial Aid Summary
Average Annual Net Price$17,325*
Percent of Students Receiving Grant Aid60%
Average Total Grant Aid$6,240
Percent of Students Receiving Pell Grants35%
Average Amount of Pell Grant Aid$4,412

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$12,423
$30,001 to $48,000$16,118
$48,001 to $75,000$20,529
$75,001 to $110,000$22,754
$110,000+$23,278

Average Financial Aid Mix - $26,352 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $26,352. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

27%
24%
49%

Grants and Scholarships

 27% - $6,240

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

Federal Loans

 24% - $5,618

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

Out of Pocket

 49% -  $11,224

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.

Tuition Comparison to Similar Public Colleges in the Region

School Cost vs. SUNY at Purchase College
University of Connecticut Stamford79.9% more expensive
Ramapo College of New Jersey74.5% more expensive
CUNY Hunter College2.1% less expensive
New Jersey Institute of Technology108.5% more expensive
University of Massachusetts Amherst125.3% 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 Purchase College.

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 Purchase College is $105,408 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 $15,310 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $61,240**

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 $131,760 or $76,550 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 Purchase College.

New York Resident Tuition Per Semester$3,335
New York Resident Total Cost Per Semester$13,176
Non-New York Resident Tuition Per Semester$8,160
Non-New York Resident Total Cost Per Semester$18,001

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 Purchase College 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 Purchase College
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$680
Cost for one class for out of state residents (3 credit hours)$2,040
Cost for one class for out of state residents (4 credit hours)$2,720

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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. 71% of SUNY at Purchase College students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,618. The reported average student debt upon graduation is $26,684.

Example Loan Payments and Costs

How much are student loan payments for SUNY at Purchase College? 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 $61,240, 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 $75,984.80. This could be your effective total out of pocket cost of an education at SUNY at Purchase College. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 60% of students at this school who receive financial aid and you are paying an average annual net price of $15,310. 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 Purchase College 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 Purchase College Student Loan Payments
Example Payments
Monthly Loan Payment$633.21
Amount Borrowed$61,240.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$14,744.80
Sum of All Payments over 10 years$75,984.80

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Purchase College? 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 Purchase College, 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 $75,984.80 would be needed to afford a $633.21 monthly payment in the example $61,240.00 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 Purchase College 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 $105,408.00. 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 Purchase College.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$36,240$144,961
Estimated Cost in 10 years for students enrolling in 2029$46,253$185,011
Estimated Cost in 15 years for students enrolling in 2034 $59,031$236,126
Estimated Cost in 18 years for students enrolling in 2037 $68,336$273,345

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at SUNY at Purchase College 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
Liberal Arts and Sciences/Liberal Studies Bachelor's Degree 209 10% cheaper
Fine and Studio Arts Management Bachelor's Degree 43 16% cheaper
Dance, General Bachelor's Degree 41 20% cheaper
Cinematography and Film/Video Production Bachelor's Degree 39 16% cheaper
Psychology, General Bachelor's Degree 38 11% cheaper
Journalism Bachelor's Degree 36 7% cheaper
English Literature (British and Commonwealth) Bachelor's Degree 35 22% cheaper
Drama and Dramatics/Theatre Arts, General Bachelor's Degree 31 15% cheaper
Sociology Bachelor's Degree 31 13% cheaper
History, General Bachelor's Degree 30 12% cheaper
Biology/Biological Sciences, General Bachelor's Degree 29 11% cheaper
Social Sciences, Other Bachelor's Degree 25 23% cheaper
Art History, Criticism and Conservation Bachelor's Degree 25 27% cheaper
Economics, General Bachelor's Degree 24 20% cheaper
Creative Writing Bachelor's Degree 22 22% cheaper
Commercial and Advertising Art Bachelor's Degree 22 5% cheaper
Painting Bachelor's Degree 21 19% cheaper
Technical Theatre/Theatre Design and Technology Bachelor's Degree 21 17% cheaper
Speech Communication and Rhetoric Bachelor's Degree 19 9% cheaper
Music Theory and Composition Bachelor's Degree 19 23% cheaper
Political Science and Government, General Bachelor's Degree 16 13% cheaper
Sculpture Bachelor's Degree 16 24% cheaper
Printmaking Bachelor's Degree 15 25% cheaper
Music Performance, General Bachelor's Degree 15 10% cheaper
Philosophy Bachelor's Degree 14 20% cheaper
Natural Resources/Conservation, General Bachelor's Degree 13 11% cheaper
Music, Other Bachelor's Degree 13 18% cheaper
Photographic and Film/Video Technology/Technician and Assistant Bachelor's Degree 13 18% costlier
Chemistry, General Bachelor's Degree 11 14% cheaper
Jazz/Jazz Studies Bachelor's Degree 10 23% cheaper
Anthropology Bachelor's Degree 10 20% cheaper
Playwriting and Screenwriting Bachelor's Degree 9 31% cheaper
Women's Studies Bachelor's Degree 9 24% cheaper
Visual and Performing Arts, General Bachelor's Degree 7 11% cheaper
Foreign Languages, Literatures, and Linguistics, Other Bachelor's Degree 7 21% cheaper
Voice and Opera Bachelor's Degree 5 19% cheaper
Mathematics, General Bachelor's Degree 4 12% cheaper

Calculators

Use the calculators below to formulate a college savings plan for SUNY at Purchase College 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 Purchase College 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 Purchase College student loan.

Prepayment Option

About SUNY at Purchase College

SUNY at Purchase College is a four year public college located in Purchase, New York.  Full time enrollment is 3,770 and part time is 386. Learn more about getting accepted at SUNY at Purchase College at CollegeSimply.

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

Address
SUNY at Purchase College
735 Anderson Hill Rd
Purchase, New York
10577-1400

For Profit / Not For Profit Status

SUNY at Purchase College 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 Purchase College cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=196219 IPEDS survey data.