Quantcast

Oneida Times

Thursday, November 21, 2024

Average cost of college went up for students in Oneida County in 2022-23 school year

Webp xd18zsurnzjn5g6snxtbxrkiv73f

Randall J. VanWagoner, Ph.D., President | Mohawk Valley Community College

Randall J. VanWagoner, Ph.D., President | Mohawk Valley Community College

College tuition fees rose 3.2% in Oneida County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $19,912 on average to attend higher education courses at the time, $614 more than the previous school year.

Among the six institutions in the county, Hamilton College stood out with the highest tuition fees, reaching an average of $62,670. Utica University followed with an average of $24,308 per year. Mohawk Valley Community College students were offered the lowest annual tuition fees at $5,801.

At the time, a total of $27.7 million in grants or scholarships were awarded to full-time undergraduates who started at the Oneida County universities in the 2022-23 school year. Additionally, federal student loans reached $8.5 million.

Currently there are six higher education institutions in Oneida County, including Madison Oneida BOCES-Practical Nursing Program, Mohawk Valley Community College, and SUNY Polytechnic Institute.

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 Oneida County 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
Madison Oneida BOCES-Practical Nursing Program40$385,673$9,64240$378,000$9,450
Utica University423$6,023,934$14,241326$4,355,837$13,361
Hamilton College245$13,317,873$54,359157$907,557$5,781
SUNY Polytechnic Institute341$2,774,819$8,137186$1,331,178$7,157
Saint Elizabeth College of Nursing0$0$00$0$0
Mohawk Valley Community College695$5,224,814$7,518292$1,568,002$5,370

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS