Cost of college increased for all DeSales University students during 2022-23 school year

Rev. James J. Greenfield, OSFS, President - DeSales University
Rev. James J. Greenfield, OSFS, President - DeSales University
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Tuition at DeSales University rose by 3.9% for the 2022-23 academic year, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.

Students paid $42,600 to attend the four-year private nonprofit institution this year, an increase of $1,600 from the $41,000 charged during the 2021-22 academic year.

Approximately 66% of the undergraduate student body at the university are Pennsylvania residents, while about 34% come from other states.

Data indicates that all full-time undergraduates who began their studies at DeSales University in 2022-23 received some form of student financial aid. A total of 505 students were awarded grants or scholarships amounting to $14.5 million, and 373 students borrowed over $4.1 million in student loans.

Across the entire undergraduate population, 1,985 students received grants or scholarships totaling $49.7 million. Additionally, 1,421 students obtained $9.6 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 DeSales University 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 125 25% $715,720 $5,726
State / local grant or scholarship 136 27% $611,531 $4,497
Institutional grants or scholarships 504 100% $13.2 million $26,212
Grant or scholarship aid total 505 100% $14.5 million $28,789
Federal student loans 368 73% $2 million $5,333
Other student loans 109 22% $2.2 million $19,878
Student loan aid 373 74% $4.1 million $11,070
Total student aid 505 100% $18.7 million $36,964

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



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