Cost of education increases for all students at Massasoit Community College in 2022-23 school year

Ray DiPasquale President - Massasoit Community College
Ray DiPasquale President - Massasoit Community College
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According to recent disclosures, in-state tuition at Massasoit Community College rose by 4.2% for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Massachusetts residents paid $5,376 to attend the two-year public college this year, an increase of $216 from the $5,160 charged during the 2021-22 academic year.

Non-resident students faced tuition costs 92% higher than in-state rates for 2022-23, paying $10,320. This represents a 2.1% increase from the $10,104 charged in the previous year.

Approximately 99% of the undergraduate student body at the college are Massachusetts residents, while about 1% come from other states.

Data indicates that 72% of full-time undergraduates who enrolled in 2022-23 received some form of student financial aid. A total of 323 students were awarded grants or scholarships amounting to $2.1 million, and 73 students obtained student loans totaling more than $362,225.

Across all undergraduates, 1,985 students benefited from grants or scholarships totaling $9.5 million. Additionally, 409 students secured $2.1 million 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 Massasoit Community College 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 245 49% $1.2 million $5,019
State / local grant or scholarship 285 57% $691,559 $2,427
Institutional grants or scholarships 112 22% $132,986 $1,187
Grant or scholarship aid total 323 64% $2.1 million $6,359
Federal student loans 71 14% $337,563 $4,754
Other student loans 5 1% $24,662 $4,932
Student loan aid 73 14% $362,225 $4,962
Total student aid 363 72% $2.4 million $6,656

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



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