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Saturday, November 23, 2024

Average cost of college unchanged for students in Chesapeake city in 2022-23 school year

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Dr. Angela Taylor, College President Sentara College of Health Sciences | LinkedIn

Dr. Angela Taylor, College President Sentara College of Health Sciences | LinkedIn

College tuition fees were unchanged in Chesapeake city in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $16,637 on average to attend higher education courses at the time, unchanged from the previous school year.

At the time, at least $141,791 in grants or scholarships were awarded to full-time undergraduates who started at the Chesapeake city universities in the 2022-23 school year. Additionally, federal student loans reached more than $147,250.

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.

Of the two institutions in Chesapeake city, only Centura College-Chesapeake provided detailed tuition fee data.

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

Total Student Aid in Chesapeake city Universities in 2022-23 School Year

InstitutionNumber of Students Receiving GrantsTotal Amount of Grants ReceivedAverage Amount of Grant Per StudentNumber of Students Receiving LoansTotal Amount of Loans ReceivedAverage Amount of Loans Per Student
Centura College-Chesapeake23$141,791$6,16519$147,250$7,750
Sentara College of Health Sciences------------

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