Cost for all students at Elizabethtown College increased during 2022-23 school year

President Elizabeth A. Rider - Elizabethtown College
President Elizabeth A. Rider - Elizabethtown College
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Tuition at Elizabethtown College rose by 3.1% for the 2022-23 academic year, according to the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private, not-for-profit college paid $35,670 this year, an increase of $1,070 from the $34,600 charged in the 2021-22 academic year.

Approximately 72% of the undergraduate student body at the college are Pennsylvania residents, while around 27% come from other states and 2% are international students.

Data indicates that all full-time undergraduates who began studies at Elizabethtown College in 2022-23 received some form of financial aid. A total of 462 students were awarded grants or scholarships amounting to $10.3 million, and 334 students obtained student loans exceeding $3.2 million.

Across the entire undergraduate population, 1,648 students benefited from grants or scholarships totaling $34.7 million. Additionally, 1,157 students took out federal student loans amounting to $7.7 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 Elizabethtown 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 95 21% $512,593 $5,396
State / local grant or scholarship 123 27% $516,537 $4,199
Institutional grants or scholarships 462 100% $9.3 million $20,084
Grant or scholarship aid total 462 100% $10.3 million $22,312
Federal student loans 333 72% $1.8 million $5,438
Other student loans 87 19% $1.4 million $16,191
Student loan aid 334 72% $3.2 million $9,639
Total student aid 462 100% $13.5 million $29,280

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



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