For the academic year 2022-2023, total 2,465 full-time, first-time students (80% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 8,768 students (61% of all students) received grants or scholarships and the average grant amount is $10,408. In addition, 5,772 students received student loans and the average loan amount is $6,435.
Below tables show the number and amount by source of financial aid at Binghamton University.
For all undergraduate students, total 8,768 students (61% of all students) received grants or scholarships and the average grant amount is $10,408. In addition, 5,772 students received student loans and the average loan amount is $6,435.
Below tables show the number and amount by source of financial aid at Binghamton University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 8,768 | 61% | $10,408 |
| Pell Grants | 3,864 | 27% | $5,479 |
| Federal Student Loans | 5,772 | 40% | $6,435 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 2,465 | 80% | - |
| Grants or Scholarship from All Sources | 1,900 | 62% | $11,305 |
| Federal Grants | 1,252 | 41% | $6,271 |
| Pell Grants | 850 | 28% | $5,397 |
| Other Federal Grants | 1,249 | 40% | $2,613 |
| State/Local Grants | 1,494 | 48% | $5,007 |
| Institutional Grants | 1,656 | 54% | $3,713 |
| Student Loans | 1,600 | 52% | $7,783 |
| Federal Student Loans | 1,589 | 52% | $5,402 |
| Other Student Loans | 234 | 8% | $16,534 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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