Cost of education increases for all students at Fairleigh Dickinson University-Florham Campus in 2022-23 school year

Michael J. Avaltroni President - Fairleigh Dickinson University-Florham Campus
Michael J. Avaltroni President - Fairleigh Dickinson University-Florham Campus
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Tuition fees for the 2022-23 academic year at Fairleigh Dickinson University-Florham Campus rose by 3.9%, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the private, not-for-profit university paid $34,404 this year, which is $1,290 higher than the $33,114 charged during the 2021-22 academic year.

Approximately 81% of the undergraduate student body at the university are residents of New Jersey, while about 18% come from other states.

Data indicates that 99% of full-time undergraduates who began studies at Fairleigh Dickinson University-Florham Campus in 2022-23 received some form of student financial aid. A total of 454 students were awarded grants or scholarships amounting to $11.8 million, and 279 students obtained student loans exceeding $2.9 million.

Across the entire undergraduate population, 1,919 students benefited from grants or scholarships totaling $58.3 million. Additionally, 1,176 students borrowed $7.5 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 Fairleigh Dickinson University-Florham Campus 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 179 39% $1.2 million $6,426
State / local grant or scholarship 139 30% $1.6 million $11,509
Institutional grants or scholarships 454 98% $9 million $19,825
Grant or scholarship aid total 454 98% $11.8 million $25,882
Federal student loans 266 58% $1.4 million $5,243
Other student loans 63 14% $1.5 million $24,118
Student loan aid 279 61% $2.9 million $10,445
Total student aid 456 99% $14.7 million $32,159

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



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