How SUNY at Binghamton's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Binghamton University since 2013.

For that period, the average number of students who received grants aid/scholarships is 7,442, which is 54.00 % of all undergraduate students. 6,360 students which is 46.22% of undergraduate students received federal student loans and the average loan amount is $6,415.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	6,353 (49%)	$6,838	3,718 (29%)	$4,559	6,047 (47%)	$6,673
2014-15	6,803 (51%)	$7,164	3,850 (29%)	$4,663	6,255 (47%)	$6,828
2015-16	6,821 (51%)	$7,607	3,803 (28%)	$4,673	6,146 (46%)	$6,820
2016-17	6,945 (51%)	$7,757	3,788 (28%)	$4,609	9,065 (66%)	$4,544
2017-18	7,253 (53%)	$8,688	3,841 (28%)	$4,951	6,164 (45%)	$6,818
2018-19	7,713 (55%)	$8,938	3,926 (28%)	$5,081	6,093 (43%)	$6,618
2019-20	8,068 (57%)	$9,547	3,770 (27%)	$5,141	6,058 (43%)	$6,517
2020-21	8,257 (58%)	$10,137	3,809 (27%)	$5,421	5,644 (39%)	$6,485
2021-22	8,768 (61%)	$10,408	3,864 (27%)	$5,479	5,772 (40%)	$6,435
Average	7,442 (54.00%)	$8,565	3,819 (27.89%)	$4,953	6,360 (46.22%)	$6,415

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 1,532 (55.44 % of students) received grants or scholarships and its average amount is $9,047. It can cover 30.72% of tuition & fees ($29,453) based on out-of-state rate.

In addition, 1,393 (50.67 % of students) students get helped from the students loans (average amount : $7,158).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,287 (50%)	$7,019	1,264 (49%)	$6,939
2014-15	1,325 (52%)	$7,635	1,209 (48%)	$7,515
2015-16	1,321 (51%)	$7,923	1,223 (47%)	$7,395
2016-17	1,373 (52%)	$8,062	1,698 (64%)	$5,335
2017-18	1,456 (54%)	$9,338	1,357 (51%)	$7,066
2018-19	1,684 (58%)	$9,398	1,447 (50%)	$7,471
2019-20	1,737 (60%)	$9,881	1,395 (48%)	$7,630
2020-21	1,708 (60%)	$10,858	1,346 (47%)	$7,292
2021-22	1,900 (62%)	$11,305	1,600 (52%)	$7,783
Average	1,532 (55.44%)	$9,047	1,393 (50.67%)	$7,158

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 720 (26.22 % of students) received Pell (federal) grants and its average amount is $4,951.

In addition, 1,260 students received State/local government grants/scholarships (45.78 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	701 (27%)	$4,631	167 (6%)	$658	1,051 (41%)	$2,806	1,151 (45%)	$2,370
2014-15	646 (26%)	$4,760	172 (7%)	$631	1,125 (45%)	$3,416	1,133 (45%)	$2,726
2015-16	642 (25%)	$4,766	128 (5%)	$611	1,166 (45%)	$3,566	1,078 (42%)	$2,941
2016-17	639 (24%)	$4,686	206 (8%)	$628	1,125 (43%)	$3,642	1,156 (44%)	$3,328
2017-18	712 (27%)	$4,904	281 (11%)	$525	1,238 (46%)	$4,824	1,219 (46%)	$3,269
2018-19	825 (28%)	$5,048	343 (12%)	$554	1,421 (49%)	$4,655	1,485 (51%)	$3,271
2019-20	709 (25%)	$5,072	699 (24%)	$1,521	1,390 (48%)	$4,837	1,535 (53%)	$3,766
2020-21	754 (26%)	$5,295	778 (27%)	$2,048	1,329 (47%)	$4,834	1,513 (53%)	$4,319
2021-22	850 (28%)	$5,397	1,249 (40%)	$2,613	1,494 (48%)	$5,007	1,656 (54%)	$3,713
Average	720 (26.22%)	$4,951	447 (15.56%)	$1,088	1,260 (45.78%)	$4,176	1,325 (48.11%)	$3,300

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 1,393 (50.67 % of students) get any students loan help and its average loan amount is $1,393.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	1,264 (49%)	$6,939	1,251 (48%)	$5,504	144 (6%)	$13,087
2014-15	1,209 (48%)	$7,515	1,203 (48%)	$5,775	155 (6%)	$13,795
2015-16	1,223 (47%)	$7,395	1,210 (47%)	$5,719	151 (6%)	$14,061
2016-17	1,698 (64%)	$5,335	1,698 (64%)	$4,032	153 (6%)	$14,460
2017-18	1,357 (51%)	$7,066	1,348 (50%)	$5,656	148 (6%)	$13,273
2018-19	1,447 (50%)	$7,471	1,438 (49%)	$5,499	206 (7%)	$14,093
2019-20	1,395 (48%)	$7,630	1,389 (48%)	$5,444	199 (7%)	$15,494
2020-21	1,346 (47%)	$7,292	1,338 (47%)	$5,434	167 (6%)	$15,234
2021-22	1,600 (52%)	$7,783	1,589 (52%)	$5,402	234 (8%)	$16,534
Average	1,393 (50.67%)	$7,158	1,385 (50.33%)	$5,385	173 (6.44%)	$14,448

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Scholarships, Grants, and Loan Trends at SUNY at Binghamton

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time