Cost of education increases for all students at Onondaga Cortland Madison BOCES in 2022-23 school year

Matthew L. Cook, Ed.D., District Superintendent - Onondaga Cortland Madison BOCES
Matthew L. Cook, Ed.D., District Superintendent - Onondaga Cortland Madison BOCES
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The tuition fee for the 2022-23 school year at Onondaga Cortland Madison BOCES rose by 0.8%, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled this year paid $14,150, which is $107 higher than the $14,043 charged during the 2021-22 academic year.

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

Data indicates that 90% of full-time undergraduates who began their studies at Onondaga Cortland Madison BOCES in 2022-23 received some form of financial aid. Specifically, 114 students were awarded grants or scholarships totaling $922,105, while 93 students obtained student loans amounting to more than $523,008.

Across the full undergraduate population, 394 students received grants or scholarships valued at $3.9 million. Additionally, 344 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 Onondaga Cortland Madison BOCES 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 114 64% $831,595 $7,295
State / local grant or scholarship 11 6% $52,745 $4,795
Institutional grants or scholarships 27 15% $37,765 $1,399
Grant or scholarship aid total 114 64% $922,105 $8,089
Federal student loans 93 52% $516,403 $5,553
Other student loans 0 1% $0 $0
Student loan aid 93 52% $523,008 $5,624
Total student aid 161 90% $1.4 million $8,975

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



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