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Hartford Reporter

Wednesday, November 20, 2024

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

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Michael Matuh, Aircraft Powerplant Instructor, A&P, NCATT, BS, MS | LinkedIn

Michael Matuh, Aircraft Powerplant Instructor, A&P, NCATT, BS, MS | LinkedIn

College tuition fees rose 3.1% in Hartford County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $25,101 on average to attend higher education courses at the time, $762 more than the previous school year.

Among the 14 institutions in the county, Trinity College stood out with the highest tuition fees, reaching an average of $63,930. The University of Hartford followed with an average of $46,148 per year. Bristol Technical Education Center students were offered the lowest annual tuition fees at $4,050.

At the time, at least $107 million in grants or scholarships were awarded to full-time undergraduates who started at the Hartford County universities in the 2022-23 school year. Additionally, federal student loans reached more than $27.4 million.

Currently there are 14 higher education institutions in Hartford County, including Central Connecticut State University, CT Aerotech, and International Institute of Cosmetology.

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 Hartford 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
University of Saint Joseph185$5,383,210$29,098142$1,228,977$8,655
University of Connecticut-Hartford Campus415$5,626,240$13,557254$1,864,335$7,340
Lincoln Technical Institute-East Windsor561$2,410,932$4,298446$3,520,456$7,893
Lincoln Technical Institute-New Britain416$1,766,777$4,247365$3,051,985$8,362
Trinity College378$19,368,660$51,240235$2,239,604$9,530
University of Hartford1,108$35,142,654$31,717832$8,304,132$9,981
Charter Oak State College0$0$00$0$0
Central Connecticut State University1,147$9,117,268$7,949761$4,928,383$6,476
Connecticut State Community College4,506$26,776,384$5,94238$210,595$5,542
American Institute-West Hartford126$677,161$5,374150$1,493,596$9,957
CT Aerotech------------
Goodwin University51$520,200$10,20037$253,976$6,864
Bristol Technical Education Center------------
International Institute of Cosmetology31$162,208$5,23334$287,533$8,457

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