Ellucian Banner and Colleague pricing in 2026
Ellucian Banner and Colleague costs about $301,738 to $2,162,926 per institution per year in 2026, and a typical buyer pays near $911,994.
What moves the price
- Student headcount, number of campuses and how many modules a school buys (student, finance, HR, financial aid) set the base price.
- Moving from locally hosted software to the Banner SaaS cloud adds a one-time conversion charge and a yearly subscription that rises each year.
- Contract length, support level and extra tools such as travel and expense, advising or analytics change the yearly total.
- Contract length. Multi year deals usually get a lower yearly price.
What is included
The range is per institution per year. It covers the software license or subscription. Setup, training, add on modules and outside consultants are usually billed on top. Ask for a written quote that lists each fee before you sign.
Ellucian Banner and Colleague prices people report
| Plan or item | Price | Source |
|---|---|---|
| Banner SaaS cloud services, year 1 of a deal running to 2032, small college | $302,204 per year, rising 5% a year | Finger Lakes Community College board resolutions, Aug 2026 |
| Conversion charges to move to Banner SaaS, one time | $92,500 | Finger Lakes Community College board resolutions, Aug 2026 |
| Colleague advisory support services, one year | up to $116,750 | Finger Lakes Community College board resolutions, Aug 2026 |
| Banner ERP and related support, 3 years | $905,214 total | Lake Michigan College board minutes, Mar 2021 |
| Banner SIS licensing and implementation, 7 years | $6,383,956 total | Florida Polytechnic University committee minutes, Sep 2023 |
| Banner and Chrome River maintenance and support, 3 years, large system | up to $6,488,778 total | Ivy Tech Community College Resolution 2020-41 |
| Travel and expense add-on integrated with Banner, years 1 to 4 | $15,750, $21,840, $22,714, $23,622 | College board packet (svcc.edu) |
Average prices in US dollars. Source: Finger Lakes Community College.
Ways to pay less
- Compare the full multi-year total, not only year 1, since one deal rose 5% a year and another was cut by moving to a longer term.
- Ask for one-time costs and yearly costs on separate lines, because school board packets often blend them into a single total.
- Get quotes from two or three rival products and share them with the sales rep. Vendors often drop the price to win the deal.
What price guides say
We checked 5 price guides and read every number on their pages. They do not all measure the same thing, so the ranges on this page come from putting them side by side.
- Finger Lakes Community College: Board of Trustees Resolutions, Aug 5 2026
- Lake Michigan College: Board minutes 03/31/2021
- Florida Polytechnic University: Finance and Facilities Committee minutes 09/21/2023
- Ivy Tech Community College: Resolution 2020-41
- Board of trustees packet (svcc.edu): Action item 4.4, Ellucian travel and expense
Common questions
How much does this cost in 2026?
Ellucian Banner and Colleague costs about $301,738 to $2,162,926 per institution per year in 2026, and a typical buyer pays near $911,994. Most people pay about $911,994 per institution per year. The low end is $301,738 and the high end is $2,162,926.
What changes the price the most?
The biggest factors are: Student headcount, number of campuses and how many modules a school buys (student, finance, HR, financial aid) set the base price; Moving from locally hosted software to the Banner SaaS cloud adds a one-time conversion charge and a yearly subscription that rises each year; Contract length, support level and extra tools such as travel and expense, advising or analytics change the yearly total.
How can I pay less?
Compare the full multi-year total, not only year 1, since one deal rose 5% a year and another was cut by moving to a longer term. Ask for one-time costs and yearly costs on separate lines, because school board packets often blend them into a single total. Get quotes from two or three rival products and share them with the sales rep. Vendors often drop the price to win the deal.
Where do these numbers come from?
From 5 named price guides: Finger Lakes Community College, Lake Michigan College, Florida Polytechnic University, Ivy Tech Community College, Board of trustees packet (svcc.edu). Each one is linked on this page with the date we read it.
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