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Morris Leader

Thursday, November 21, 2024

Cost of college was unchanged for all students at the Cutting Edge Academy

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Tuition and fees were unchanged for 2018-19 at the Cutting Edge Academy, according to recent data from the U.S. Department of Education.

New Jersey students paid $14,575 to attend the private for-profit school in both the 2017-18 and 2018-19 academic years.

Data shows 75 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 16 students received grants or scholarships totaling $87,397 and 17 students took out student loans totaling more than $132,698.

Including all undergraduates (77), 61 students used grants or scholarships totaling $248,320, and 57 students took out $400,903 in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state77$9,080$14,080$14,575$14,57560.5%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Cutting Edge Academy in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants1667%$79,397$4,962
State / local grant or scholarship-8%--
Institutional grants or scholarships00%$0-
Grant or scholarship aid total1667%$87,397$5,462
Federal student loans1771%$132,698$7,806
Other student loans00%$0-
Student loan aid1771%$132,698$7,806
Total student aid1875%--

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