Cost of education at Valencia College stays the same for all students in 2022-23 school year

Dr. Brandon McKelvey Executive Vice President, Administrative Services at
Dr. Brandon McKelvey Executive Vice President, Administrative Services at
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According to the latest figures, in-state tuition fees at Valencia College did not change for the 2022-23 academic year, according to the latest disclosure from the National Center for Education Statistics.

Florida residents paid $2,664 to attend the public four-year institution in 2022-23, a slight decrease of $24 from the $2,688 charged in the 2021-22 academic year.

Non-resident students were charged $9,576 for the 2022-23 school year, representing a 259.5% increase compared to in-state tuition. This amount remained the same as the previous year.

Approximately 84% of the undergraduate student body at Valencia College are Florida residents, while about 2% come from other states and 3% are international students.

Data indicates that 76% of full-time undergraduates who enrolled in 2022-23 received some form of financial aid. Specifically, 3,650 students were awarded grants or scholarships totaling $28.2 million, and 926 students borrowed over $4.8 million in student loans.

Across all undergraduate students, 19,786 received grants or scholarships amounting to $112.4 million. Additionally, 5,744 students took out federal student loans totaling $32.7 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 Valencia 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 3,272 56% $19.9 million $6,075
State / local grant or scholarship 1,530 26% $3.9 million $2,558
Institutional grants or scholarships 1,950 34% $4.4 million $2,236
Grant or scholarship aid total 3,650 63% $28.2 million $7,713
Federal student loans 911 16% $4.4 million $4,790
Other student loans 32 1% $430,039 $13,439
Student loan aid 926 16% $4.8 million $5,177
Total student aid 4,384 76% $32.9 million $7,514

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



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