Cost of college decreased for all New Jersey City University students during 2022-23 school year

Andrés Acebo, Interim President - New Jersey City University
Andrés Acebo, Interim President - New Jersey City University
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Tuition rates for in-state students at New Jersey City University decreased by 10% during the 2022-23 school year, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.

New Jersey residents paid $13,564 to attend the public four-year university this year, which is $1,508 less than the $15,072 charged in the 2021-22 academic year.

Non-resident students faced tuition costs 78.1% higher than those of in-state students in 2022-23, amounting to $24,163. This represented a 4.7% reduction from the previous year’s $25,364.

Approximately 95% of the undergraduate student body at the university are New Jersey residents. Students from other states make up about 4%, while international students account for roughly 1%.

Data indicates that 93% of full-time undergraduates who enrolled at New Jersey City University in 2022-23 received some form of financial aid. Among them, 691 students were awarded grants or scholarships totaling $9.1 million, and 227 students borrowed over $1.7 million in student loans.

Across the entire undergraduate population, 3,893 students received grants or scholarships amounting to $48.7 million. Additionally, 1,584 students took out federal student loans totaling $12.1 million.

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 New Jersey City University 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 524 69% $3.7 million $6,980
State / local grant or scholarship 380 50% $2.8 million $7,406
Institutional grants or scholarships 387 51% $2.6 million $6,826
Grant or scholarship aid total 691 92% $9.1 million $13,189
Federal student loans 224 30% $1.4 million $6,379
Other student loans 20 3% $267,995 $13,400
Student loan aid 227 30% $1.7 million $7,475
Total student aid 704 93% $10.8 million $15,355

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



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