Payments from the SPIR company support a Binghamton University student stipend. A per semester, per project payment is required upon completion of the semester.
New companies contribute $3,500 for a graduate student stipend per semester ($7,000 for Academic Year) and project-related lab/travel costs. Company contributions will increase $500 per semester ($1,000 for academic year) for the following academic year. Company contributions will increase to a maximum of $5,000 per semester.
NUMBER OF YEARS IN SPIR PROGRAM *COST/SEMESTER *COST/YEAR
YEAR 1 $3,500 $7,000
YEAR 2 $4,000 $8,000
YEAR 3 $4,500 $9,000
YEAR 4 $5,000 $10,000
* Does not include lab fees or travel expenses which are covered by company.
Thank you for being a SPIR partner!
