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Saturday, December 21, 2024

Average cost of college went up for students in Erie County in 2022-23 school year

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Dr. Miguel Cardona, Secretary of Education | Official website

Dr. Miguel Cardona, Secretary of Education | Official website

College tuition fees rose 2% in Erie County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $13,659 on average to attend higher education courses at the time, $265 more than the previous school year.

Among the 19 institutions in the county, Daemen University stood out with the highest tuition fees, reaching an average of $32,760. Canisius University followed with an average of $31,800 per year. Erie Community College students were offered the lowest annual tuition fees at $6,093.

At the time, a total of $84.7 million in grants or scholarships were awarded to full-time undergraduates who started at the Erie County universities in the 2022-23 school year. Additionally, federal student loans reached $38.1 million.

Currently there are 19 higher education institutions in Erie County, including SUNY Buffalo State University, Empire Beauty School-Buffalo, and Leon Studio One School of Beauty Knowledge.

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.

Total Student Aid in Erie County Universities in 2022-23 School Year

InstitutionNumber of Students Receiving GrantsTotal Amount of Grants ReceivedAverage Amount of Grant Per StudentNumber of Students Receiving LoansTotal Amount of Loans ReceivedAverage Amount of Loans Per Student
Villa Maria College99$1,761,654$17,79444$335,551$7,626
Empire Beauty School-Buffalo32$187,680$5,86534$255,000$7,500
D'Youville University200$4,511,751$22,559112$1,408,577$12,577
Bryant & Stratton College-Buffalo62$581,713$9,38235$186,972$5,342
New York Institute of Massage Inc36$235,108$6,53136$375,333$10,426
University at Buffalo3,078$30,766,718$9,9962,126$16,554,821$7,787
Professional Culinary Academy20$109,850$5,49315$84,076$5,605
Trocaire College36$305,769$8,49428$179,436$6,408
SUNY Buffalo State University1,098$9,794,720$8,921748$4,496,798$6,012
Canisius University475$10,819,795$22,779275$2,192,584$7,973
The Salon Professional Academy-Tonawanda38$189,781$4,99435$194,899$5,569
Leon Studio One School of Beauty Knowledge0$0$07$62,437$8,920
Continental School of Beauty Culture-West Seneca36$211,580$5,87736$257,969$7,166
Daemen University358$8,998,715$25,136282$2,354,613$8,350
Hilbert College277$5,173,396$18,677216$2,172,423$10,058
Erie 2 Chautauqua Cattaraugus BOCES-Practical Nursing Program32$250,358$7,82417$128,169$7,539
Erie Community College1,063$7,040,957$6,624397$1,892,316$4,767
Bryant & Stratton College-Online592$3,521,438$5,948554$4,672,422$8,434
Erie 1 BOCES62$213,000$3,43550$255,000$5,100

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