In case the students at Binghamton University face any financial issues concerning the fees and cost of living, and find the same to be high, they can seek help from the financial aid department of the varsity. It focuses on settling the issues that students face, and candidates can be assisted with scholarships, grants, and student loans. The average federal grant that comes from the university is around $5,266, whereas the financial aid is $3,271. Prospective students can benefit from state-level aid worth $4,655 as well as institutional aid worth $3,271. The total need-based scholarships/grants offered at BU based on students' financial needs add up to $58,167,811 per year. Meanwhile, the total non-need-based scholarships/grants in a year come to around $7,483,651.