The Burlington County Institute of Technology-Adult Education saw a 3% tuition hike for the 2022-23 school year, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled this year paid $4,880, which is $142 higher than the $4,738 tuition fee for the 2021-22 academic year.
Approximately 94% of the undergraduate students at the school are residents of New Jersey.
Data indicates that 74% of full-time undergraduates who began studies at Burlington County Institute of Technology-Adult Education in 2022-23 received some form of financial aid. Specifically, 13 students were awarded grants or scholarships totaling $84,677, while 14 students obtained student loans amounting to over $109,529.
Across all undergraduate students, 25 received grants or scholarships totaling $126,637. Additionally, 29 students borrowed $201,032 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 the Burlington County Institute of Technology-Adult Education 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 | 13 | 57% | $84,677 | $6,514 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 13 | 57% | $84,677 | $6,514 |
| Federal student loans | 14 | 61% | $109,529 | $7,824 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 14 | 61% | $109,529 | $7,824 |
| Total student aid | 17 | 74% | $194,206 | $11,423 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
