Cost of education at Centura College-Chesapeake stays the same for all students in 2022-23 school year

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According to the most recent disclosure, tuition fees at Centura College-Chesapeake did not change for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private for-profit institution paid $16,637 in tuition for both the 2021-22 and 2022-23 academic years.

Approximately 93% of the undergraduate student body at the school are residents of Virginia, while about 7% come from other states.

Data indicates that 89% of full-time undergraduates who began their studies at Centura College-Chesapeake in 2022-23 received some form of financial aid. Specifically, 23 students were awarded grants or scholarships totaling $141,791, and 19 students obtained student loans exceeding $147,250.

Overall, 178 undergraduates benefited from grants or scholarships amounting to $961,843. Additionally, 160 students borrowed a combined total of $1.4 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Centura College-Chesapeake 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 23 85% $134,291 $5,839
State / local grant or scholarship 6 22% $7,500 $1,250
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 23 85% $141,791 $6,165
Federal student loans 19 70% $147,250 $7,750
Other student loans 0 0% $0 $0
Student loan aid 19 70% $147,250 $7,750
Total student aid 24 89% $289,041 $12,043

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



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