Cost of education at ASI Career Institute stays the same for all students in 2022-23 school year

Kate Wolff, CDC Chief of Staff - cdc.gov
Kate Wolff, CDC Chief of Staff - cdc.gov
0Comments

According to the most recent disclosure, tuition costs for attending ASI Career Institute did not increase during the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the private for-profit institution paid $11,500 for tuition in both the 2021-22 and 2022-23 academic years.

Approximately 95% of the undergraduate students at the school are residents of New Jersey, while about 5% come from other states.

Data indicates that 70% of full-time undergraduates who began their studies at ASI Career Institute in 2022-23 received some form of student financial aid. Specifically, 26 students were awarded grants or scholarships totaling $113,882, and 28 students obtained student loans amounting to more than $133,453.

Across the entire undergraduate population, 87 students received grants or scholarships totaling $383,723. Additionally, 67 students borrowed $351,551 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 the ASI Career Institute 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 22 55% $93,882 $4,267
State / local grant or scholarship 0 10% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 26 65% $113,882 $4,380
Federal student loans 24 60% $127,497 $5,312
Other student loans 0 10% $0 $0
Student loan aid 28 70% $133,453 $4,766
Total student aid 28 70% $247,335 $8,833

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



Related

Andi Lipstein Fristedt, CDC Deputy Director for Policy , Communications, and Legislative Affairs /Chief Stragedy Officer - cdc.gov

Cost of college increased for all Rowan College of South Jersey-Gloucester Campus students in 2022-23 school year

Tuition for in-state students at Rowan College of South Jersey-Gloucester Campus increased by 1.6% for the 2022-23 academic year, according to the latest report, according to the latest disclosure from the National Center for Education Statistics.

Dr. Ali Houshmand President - Rowan University

Rowan University in-state students faced some of New Jersey’s highest public tuition and fees in 2024

In 2024, in-state students at Rowan University in Glassboro faced college costs totaling $16,574, according to the latest disclosure from the National Center for Education Statistics.

Kate Wolff, CDC Chief of Staff - cdc.gov

Cost of education at ASI Career Institute stays the same for all students in 2022-23 school year

Tuition fees remained steady for the 2022-23 academic year at ASI Career Institute, according to the latest report, according to the latest disclosure from the National Center for Education Statistics.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Gloucester Today.