Tuition fees at Endicott College rose by 3.2% for the 2022-23 school year, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private nonprofit institution paid $37,776 this year, which is $1,162 higher than the $36,614 charged in the 2021-22 academic year.
Approximately 55% of the undergraduate student body are residents of Massachusetts, while about 44% come from other states and 1% are international students.
Data indicates that 99% of full-time undergraduates who began their studies at Endicott College in 2022-23 received some form of student financial aid. A total of 847 students were awarded grants or scholarships amounting to $14.9 million, and 623 students borrowed over $10.3 million in student loans.
Across all undergraduates, 2,755 students benefited from grants or scholarships totaling $46.6 million. Additionally, 1,960 students obtained $19.6 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 Endicott College 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 | 115 | 13% | $729,649 | $6,345 |
| State / local grant or scholarship | 103 | 12% | $198,025 | $1,923 |
| Institutional grants or scholarships | 845 | 97% | $13.9 million | $16,501 |
| Grant or scholarship aid total | 847 | 98% | $14.9 million | $17,557 |
| Federal student loans | 618 | 71% | $5.9 million | $9,508 |
| Other student loans | 187 | 22% | $4.4 million | $23,615 |
| Student loan aid | 623 | 72% | $10.3 million | $16,520 |
| Total student aid | 856 | 99% | $25.2 million | $29,396 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
