by our College Data Analytics TeamMany students attending Binghamton University can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
What financial aid options does Binghamton University offer, and what will you qualify for? Keep scrolling for answers.
Binghamton University average financial aid offer for freshmen students is $8,902.00. Approximately 76% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Binghamton University.
In addition to scholarships, 27% of first years (789 total) were awarded federal grant aid, averaging $5,906.00 each.
The stats and the chart below reference predominantly federal grants, as well as some local and state grants.
27% of freshmen at Binghamton University (789 total) received a federal grant, averaging $5,906.00.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 12.31% | $14,630.00 |
| Income 30k-48k | 6.26% | $11,687.00 |
| Income 48k-75k | 7.64% | $6,587.00 |
| Income 75k-110k | 8.43% | $5,751.00 |
| Income 110k + | 5.91% | $1,963.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 2893 undergraduate students at Binghamton University around 76% (1737 total) receive some form of grant aid. The typical amount awarded was $8,902.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.