Ocala Standard

College tuition fees fell 2.8% in Marion County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $7,859 on average to attend higher education courses at the time, less than the $228 charged for the previous school year.

Among the four institutions in the county, Taylor College stood out with the highest tuition fees, reaching an average of $13,263. Rasmussen University-Florida followed with an average of $11,291 per year. The College of Central Florida students were offered the lowest annual tuition fees at $2,789.

At the time, a total of $5.8 million in grants or scholarships were awarded to full-time undergraduates who started at the Marion County universities in the 2022-23 school year. Additionally, federal student loans reached $2.4 million.

Currently there are four higher education institutions in Marion County, including Taylor College, College of Central Florida, and Rasmussen University-Florida.

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.

Institution	Number of Students Receiving Grants	Total Amount of Grants Received	Average Amount of Grant Per Student	Number of Students Receiving Loans	Total Amount of Loans Received	Average Amount of Loans Per Student
College of Central Florida	516	$3,602,614	$6,982	103	$465,960	$4,524
Marion Technical College	212	$926,911	$4,372	0	$0	$0
Rasmussen University-Florida	184	$1,256,270	$6,828	191	$1,790,419	$9,374
Taylor College	14	$61,706	$4,408	19	$177,214	$9,327