Tuition for New Jersey residents attending Rowan College at Burlington County rose by 2.1% for the 2022-23 school year, based on the latest figures released, according to the latest disclosure from the National Center for Education Statistics.
In-state students paid $5,268 this year, which is $109 higher than the $5,159 tuition fee charged during the 2021-22 academic year.
Non-resident students faced tuition fees 29.6% higher than those for residents, amounting to $6,828 in 2022-23. This represents a 1.1% decrease from the $6,901 charged in the previous year.
Approximately 99% of the undergraduate student body at the college are New Jersey residents, while about 1% come from other states.
Data indicates that 58% of full-time undergraduates who enrolled in 2022-23 at Rowan College at Burlington County received some form of financial aid. A total of 599 students were awarded grants or scholarships amounting to $3.6 million, and 97 students obtained student loans exceeding $477,203.
Among all undergraduates, 2,471 students benefited from grants or scholarships totaling $12.6 million. Additionally, 508 students borrowed $2.6 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.
The following data includes only full-time students who began an undergraduate program at the Rowan College at Burlington County 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 | 436 | 37% | $2.3 million | $5,362 |
| State / local grant or scholarship | 411 | 35% | $1.1 million | $2,758 |
| Institutional grants or scholarships | 47 | 4% | $109,835 | $2,337 |
| Grant or scholarship aid total | 599 | 51% | $3.6 million | $5,978 |
| Federal student loans | 93 | 8% | $437,616 | $4,706 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 97 | 8% | $477,203 | $4,920 |
| Total student aid | 678 | 58% | $4.1 million | $5,985 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
