Dr. Miguel Cardona (left), Secretary of Education and Cindy Marten, Deputy Secretary | https://www2.ed.gov/news/staff/bios/index.html
Dr. Miguel Cardona (left), Secretary of Education and Cindy Marten, Deputy Secretary | https://www2.ed.gov/news/staff/bios/index.html
Data shows that students paid $12,847 on average to attend higher education courses at the time, $460 more than the previous school year.
Among the three institutions in the county, Rowan University stood out with the highest tuition fees, reaching an average of $15,426. The ASI Career Institute followed with an average of $11,500 per year. Rowan College of South Jersey-Gloucester Campus students were offered the lowest annual tuition fees at $5,640.
At the time, a total of $29.9 million in grants or scholarships were awarded to full-time undergraduates who started at the Gloucester County universities in the 2022-23 school year. Additionally, federal student loans reached $18.1 million.
Currently there are three higher education institutions in Gloucester County, including Rowan College of South Jersey-Gloucester Campus, Rowan University, and ASI Career Institute.
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.
| Institution | Number of Students Receiving Grants | Total Amount of Grants Received | Average Amount of Grant Per Student | Number of Students Receiving Loans | Total Amount of Loans Received | Average Amount of Loans Per Student |
|---|---|---|---|---|---|---|
| Rowan University | 2,196 | $26,318,435 | $11,985 | 1,379 | $12,721,946 | $9,225 |
| ASI Career Institute | 26 | $113,882 | $4,380 | 28 | $133,453 | $4,766 |
| Rowan College of South Jersey-Gloucester Campus | 574 | $3,476,409 | $6,056 | 850 | $5,236,605 | $6,161 |
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