Financial Aid

<p>Significa: Financial Aid is tailored individually to each and every student, so you can’t really “compare” with other students. If you EFC was $0, that would imply that Binghamton would try to meet 100% of the cost of attendance with financial aid – which it appears they did. Binghamton very rarely offers scholarships to students, which is why the rest of your aid is comprised of loans. You already received the maximum amount of Federal grants (exception being FSEOG).</p>

<p>Pinky7129: Under very specific circumstances, you can appeal your financial aid offer: [Binghamton</a> University - Financial Aid: Funding Needs](<a href=“http://www2.binghamton.edu/financial-aid/funding-needs/special-circumstances.html]Binghamton”>http://www2.binghamton.edu/financial-aid/funding-needs/special-circumstances.html)</p>

<p>Significa: they gave me the same amount. We may have to wait until May 1st, after everyone has made their decision on which school to attend to see if they may provide us with more Aid.</p>

<p>Hmm, I am just surprised that I’m paying the same as a private university =/ I expected SUNYs to be near free.</p>

<p>Anyway, how does FSEOG work? I received 2500 according to my Boston University’s FSEOG. Since it is federal, should it not be the same amount? Also, Thanks for your help thus far BingAmbassador.</p>

<p>Significa: FSEOG can range from $100 to $4,000 depending upon your need and funding available to the school. It’s hypothetically possible that Binghamton had more students eligible for FSEOG than a private university, and so had less available per student. It’s just a theory, as I have no idea how they choose to distribute aid.</p>

<p>[Student</a> Aid on the Web](<a href=“http://studentaid.ed.gov/PORTALSWebApp/students/english/FSEOG.jsp]Student”>http://studentaid.ed.gov/PORTALSWebApp/students/english/FSEOG.jsp)</p>