Cost of education increases for all Ursinus College students in 2022-23 school year

Dr. Robyn Hannigan, President - Ursinus College
Dr. Robyn Hannigan, President - Ursinus College
0Comments

For the 2022-23 academic year, tuition at Ursinus College rose by 2.5%, as revealed in the latest institutional report, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private nonprofit institution paid $58,016 this year, an increase of $1,416 from the $56,600 tuition charged during the 2021-22 academic year.

Approximately 63% of the undergraduate student body at Ursinus College are Pennsylvania residents, while about 36% come from other U.S. states, and international students make up 1%.

Data indicates that every full-time undergraduate who began studies at Ursinus College in 2022-23 received some form of student financial aid. Specifically, 381 students were awarded grants or scholarships totaling $16.7 million, and 307 students borrowed more than $3 million in student loans.

Among all undergraduate students, 1,481 received grants or scholarships amounting to $60.7 million. Additionally, 1,116 students took out federal student loans totaling $7.5 million.

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 Ursinus College 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 90 24% $579,837 $6,443
State / local grant or scholarship 92 24% $437,305 $4,753
Institutional grants or scholarships 381 100% $15.7 million $41,089
Grant or scholarship aid total 381 100% $16.7 million $43,758
Federal student loans 302 79% $1.7 million $5,569
Other student loans 69 18% $1.3 million $18,779
Student loan aid 307 81% $3 million $9,699
Total student aid 381 100% $19.6 million $51,573

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



Related

MONTGOMERY COUNTY COMMUNITY COLLEGE: TRIO Upward Bound Program at MCCC receives K gift from the R.O.S.E. Foundation to help students and families

MONTGOMERY COUNTY COMMUNITY COLLEGE: TRIO Upward Bound Program at MCCC receives $3K gift from the R.O.S.E. Foundation to help students and families

2019 TRIO Upward Bound celebration. Since 2007, MCCC has been collaborating with Norristown Area High School and Pottstown High School to provide student support services to students through the Upward Bound Program.

ARCADIA UNIVERSITY: Herbalism the Focus of Public Health Student Project

ARCADIA UNIVERSITY: Herbalism the Focus of Public Health Student Project

“From stocking our kitchens to being at-home remedies for maladies like pain or infection, the need for plants has been apparent since the dawn of time,”

BRYN MAWR COLLEGE: Aisha Soumaoro ’20 on ‘Reaching Higher’

BRYN MAWR COLLEGE: Aisha Soumaoro ’20 on ‘Reaching Higher’

Four years after listening to Michelle Obama’s inspiring words at a Reach Higher college signing day event, Aisha Soumaoro ’20, reflects on her experience at Bryn Mawr in a Forbes article.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from West Montgomery Times.