Cost of college decreased for all Bryant & Stratton College-Virginia Beach students in 2022-23 school year

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The cost of tuition at Bryant & Stratton College-Virginia Beach dropped by 3% for the 2022-23 school year, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private nonprofit institution paid $17,544 this year, which is $543 less than the $18,087 charged during the 2021-22 academic year.

Approximately 75% of the undergraduate student body at the school are residents of Virginia, while the remaining 25% come from other states.

Data indicates that 95% of full-time undergraduates who began studies at Bryant & Stratton College-Virginia Beach in 2022-23 received some form of student financial aid. A total of 123 students were awarded grants or scholarships amounting to $1.4 million, and 88 students obtained student loans exceeding $498,763.

Among all undergraduates, 1,289 students benefited from grants or scholarships totaling $9.1 million. Additionally, 1,105 students took out federal student loans amounting to $8.3 million.

Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.

According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.

Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Bryant & Stratton College-Virginia Beach in the 2022-23 school year.

Type of Aid Number of students awarded aid Percent awarded aid Total amount of aid awarded Average amount of aid per student
Federal grants 85 64% $492,105 $5,789
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 108 82% $864,589 $8,005
Grant or scholarship aid total 123 93% $1.4 million $11,030
Federal student loans 88 67% $493,134 $5,604
Other student loans 0 1% $0 $0
Student loan aid 88 67% $498,763 $5,668
Total student aid 125 95% $1.9 million $14,843

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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