Cost increases for all students at Marion Technical College in 2022-23 school year

Gary Smallridge, MTC Principal
Gary Smallridge, MTC Principal
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Tuition at Marion Technical College rose by 2.6% during the 2022-23 school year, based on the latest information released, according to the latest disclosure from the National Center for Education Statistics.

Students paid $5,772 to attend the two-year public college this year, which is $495 less than the $6,267 charged in the 2021-22 academic year.

The entire undergraduate student body at the school consists of Florida residents.

Data indicates that 84% of full-time undergraduates who enrolled at Marion Technical College in 2022-23 received some form of student financial aid. A total of 212 students were awarded grants or scholarships amounting to $926,911.

Across all undergraduate students, 620 individuals received grants or scholarships totaling $1.1 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 Marion Technical 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 104 40% $652,002 $6,269
State / local grant or scholarship 77 30% $233,666 $3,035
Institutional grants or scholarships 39 15% $41,243 $1,058
Grant or scholarship aid total 212 82% $926,911 $4,372
Federal student loans 0 0% $0 $0
Other student loans 0 0% $0 $0
Student loan aid 0 0% $0 $0
Total student aid 217 84% $926,911 $4,271

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



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