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Friday, November 15, 2024

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

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Dr. Melanie Corn, President | Columbus College of Art and Design

Dr. Melanie Corn, President | Columbus College of Art and Design

College tuition fees rose 3.8% in Franklin County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $15,537 on average to attend higher education courses at the time, $571 more than the previous school year.

Among the 24 institutions providing full disclosure in the county, Capital University stood out with the highest tuition fees, reaching an average of $40,350. Columbus College of Art & Design followed with an average of $38,150 per year. Columbus State Community College students were offered the lowest annual tuition fees at $5,244.

At the time, at least $111.2 million in grants or scholarships were awarded to full-time undergraduates who started at the Franklin County universities in the 2022-23 school year. Additionally, federal student loans reached more than $40.7 million.

Currently there are 25 higher education institutions in Franklin County, including Franklin University, Paul Mitchell the School-Columbus, and Felbry College.

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.

Of the 25 institutions in Franklin County, Dental Assistant Pro LLC-Columbus did not provide detailed data on tuition fees.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Total Student Aid in Franklin 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
Ohio State School of Cosmetology-Canal Winchester30$111,185$3,70626$117,139$4,505
Valor Christian College24$143,480$5,97829$180,500$6,224
DeVry University-Ohio------------
Adult and Community Education-Hudson43$150,797$3,50743$225,007$5,233
Ohio Dominican University209$5,156,371$24,672139$855,716$6,156
Eastland-Fairfield Career and Technical Schools26$156,161$6,00625$98,490$3,940
Chamberlain University-Ohio9$67,590$7,5109$72,614$8,068
Columbus State Community College1,255$6,987,415$5,568574$2,297,718$4,003
Mount Carmel College of Nursing21$186,028$8,85822$130,602$5,936
Fortis College-Columbus51$339,559$6,65850$415,425$8,309
Columbus College of Art & Design220$4,797,632$21,807164$1,498,090$9,135
The Spa School59$200,017$3,39046$182,505$3,968
Ohio State University-Main Campus5,109$60,239,039$11,7912,614$22,788,462$8,718
Capital University515$16,256,983$31,567391$3,008,994$7,696
Aveda Institute-Columbus58$291,640$5,02876$583,481$7,677
American Institute of Alternative Medicine25$97,262$3,89029$147,471$5,085
Paul Mitchell the School-Columbus32$174,116$5,44145$355,697$7,904
Pontifical College Josephinum------------
Franklin University20$129,540$6,47715$68,012$4,534
Felbry College36$97,888$2,7198$46,659$5,832
Ohio Media School-Columbus72$378,234$5,25385$642,801$7,562
Dental Assistant Pro LLC-Columbus------------
Otterbein University545$13,916,354$25,535521$5,627,109$10,801
Ohio State College of Barber Styling111$529,692$4,772111$384,504$3,464
Hondros College of Nursing166$816,782$4,920141$1,019,489$7,230

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