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Thursday, November 21, 2024

Students paid the same for higher education in Henry County in 2022-23 school year

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Greg Hodges President at Patrick & Henry Community College | LinkedIn

Greg Hodges President at Patrick & Henry Community College | LinkedIn

College tuition fees were unchanged in Henry County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $4,963 on average to attend Patrick & Henry Community College courses at the time, unchanged from the previous school year.

For comparison, Virginia universities charge students an annual average of $16,180 per year.

At the time, a total of $1.8 million in grants or scholarships were awarded to full-time undergraduates who enrolled in the university.

Currently, there are 1,861 students enrolled in Patrick & Henry Community 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.

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

Total Student Aid in Patrick & Henry Community College 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
Patrick & Henry Community College236$1,770,442$7,5020$0$0

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