The Aviation Institute of Maintenance-Norfolk did not increase tuition fees for the 2022-23 school year, as revealed by the most recent disclosures, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the two-year private for-profit institution paid $16,757 in tuition for both the 2021-22 and 2022-23 academic years.
Approximately 94% of the undergraduate students at the school are residents of Virginia, while about 6% come from other states.
Data indicates that 79% of full-time undergraduates who began studies at the Aviation Institute of Maintenance-Norfolk in 2022-23 received some form of student financial aid. Specifically, 20 students were awarded grants or scholarships totaling $115,939, and 18 students obtained student loans exceeding $125,550.
Across the entire undergraduate population, 129 students received grants or scholarships amounting to $854,138, while 124 students borrowed approximately $1 million in federal student loans.
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.
The following data includes only full-time students who began an undergraduate program at the the Aviation Institute of Maintenance-Norfolk 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 | 20 | 59% | $87,081 | $4,354 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 5 | 15% | $28,858 | $5,772 |
| Grant or scholarship aid total | 20 | 59% | $115,939 | $5,797 |
| Federal student loans | 18 | 53% | $114,750 | $6,375 |
| Other student loans | 0 | 3% | $0 | $0 |
| Student loan aid | 18 | 53% | $125,550 | $6,975 |
| Total student aid | 27 | 79% | $241,489 | $8,944 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
