Company Stipend Co-pay

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!