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Saturday, December 21, 2024

Average cost of college unchanged for students in Vance County in 2022-23 school year

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Rachel M. Desmarais, Ph.D., President | Vance-Granville Community College

Rachel M. Desmarais, Ph.D., President | Vance-Granville Community College

College tuition fees were unchanged in Vance County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $1,944 on average to attend Vance-Granville Community College courses at the time, unchanged from the previous school year.

For comparison, North Carolina universities charge students an annual average of $10,757 per year.

At the time, a total of $880,048 in grants or scholarships were awarded to full-time undergraduates who enrolled in the university.

Currently, there are 2,814 students enrolled in Vance-Granville Community College.

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 Vance-Granville Community College 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
Vance-Granville Community College110$880,048$8,0000$0$0

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