Cost increased for all Taylor College students during 2022-23 academic year

Jeffrey Georgeson, Campus President at Taylor College
Jeffrey Georgeson, Campus President at Taylor College
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According to recent data, tuition at Taylor College rose by 9.5% for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the two-year private for-profit institution paid $13,263 this year, an increase of $1,146 from the $12,117 charged during the 2021-22 academic year.

All undergraduate students at the college are residents of Florida.

Data reveals that every full-time undergraduate who began studies at Taylor College in 2022-23 received some form of student financial aid. Among them, 14 students were awarded grants or scholarships totaling $61,706, while 19 students secured student loans exceeding $177,214.

Across the entire undergraduate population, 236 students benefited from grants or scholarships amounting to $1.3 million. Additionally, 242 students borrowed a total of $2.4 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 Taylor 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 13 57% $54,179 $4,168
State / local grant or scholarship 5 22% $7,527 $1,505
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 14 61% $61,706 $4,408
Federal student loans 19 83% $177,214 $9,327
Other student loans 0 0% $0 $0
Student loan aid 19 83% $177,214 $9,327
Total student aid 23 100% $238,920 $10,387

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



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