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South Tidewater News

Tuesday, December 3, 2024

Average cost of college education in Norfolk city rises for students in 2022-23 school year

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Ashley Oden, Campus Executive Director | LinkedIn

Ashley Oden, Campus Executive Director | LinkedIn

College tuition fees rose 1.8% in Norfolk city in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $10,090 on average to attend higher education courses at the time, $182 more than the previous school year.

Among the eight institutions in the county, Aviation Institute of Maintenance-Norfolk stood out with the highest tuition fees, reaching an average of $16,757. Centura College-Norfolk followed with an average of $16,637 per year. Tidewater Community College students were offered the lowest annual tuition fees at $5,621.

At the time, a total of $49.5 million in grants or scholarships were awarded to full-time undergraduates who started at the Norfolk city universities in the 2022-23 school year. Additionally, federal student loans reached $22.2 million.

Currently there are eight higher education institutions in Norfolk city, including Norfolk State University, Central School of Practical Nursing, and Aviation Institute of Maintenance-Norfolk.

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.

Total Student Aid in Norfolk 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
Norfolk State University1,156$12,893,220$11,153777$7,872,824$10,132
Aviation Institute of Maintenance-Norfolk20$115,939$5,79718$125,550$6,975
Tidewater Community College1,486$7,012,250$4,719233$1,267,610$5,440
Fortis College-Norfolk20$140,464$7,02318$125,063$6,948
Centura College-Norfolk28$164,749$5,88421$159,000$7,571
Old Dominion University2,848$28,496,317$10,0061,602$11,803,370$7,368
Tidewater Tech-Trades108$651,334$6,031109$839,032$7,698
Central School of Practical Nursing11$44,108$4,0100$0$0

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