Cost of college increased for all Morris County Vocational School District students in 2022-23 school year

Mr. Scott Moffitt Superintendent - Morris County Vocational School District
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The Morris County Vocational School District reported a 2% tuition increase for the 2022-23 school year, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled this year paid $11,970, which is $235 higher than the $11,735 tuition fee charged during the 2021-22 school year.

Approximately 91% of the undergraduate student body at the school are residents of New Jersey.

Data indicates that 60% of full-time undergraduates who began their studies at Morris County Vocational School District in 2022-23 received some form of student financial aid. Specifically, 19 students were awarded grants or scholarships totaling $106,155, while 23 students obtained student loans exceeding $160,022.

Across all undergraduate students, 27 received grants or scholarships amounting to $152,715. Additionally, 31 students borrowed a total of $212,722 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 Morris County Vocational School District 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 19 42% $106,155 $5,587
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 19 42% $106,155 $5,587
Federal student loans 23 51% $160,022 $6,957
Other student loans 0 0% $0 $0
Student loan aid 23 51% $160,022 $6,957
Total student aid 27 60% $266,177 $9,858

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



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