Cost increased for all Gannon University students during 2022-23 school year

Walter Iwanenko Jr., President - Gannon University
Walter Iwanenko Jr., President - Gannon University
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The cost of tuition at Gannon University rose by 6.3% for the 2022-23 school year, as detailed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the private, four-year institution paid $36,706 this year, which is $2,180 higher than the $34,526 charged during the 2021-22 academic year.

Pennsylvania residents make up about 54% of the undergraduate student body. Students from other states account for approximately 26%, while international students represent 20%.

Data indicates that 83% of full-time undergraduates who began their studies at Gannon University in 2022-23 received some form of financial aid. A total of 527 students were awarded grants or scholarships amounting to $14.5 million, and 433 students obtained student loans exceeding $4 million.

Across the entire undergraduate population, 2,333 students received grants or scholarships totaling $62.2 million. Additionally, 1,648 students borrowed $11 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 Gannon University 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 157 25% $830,330 $5,289
State / local grant or scholarship 183 29% $763,760 $4,174
Institutional grants or scholarships 527 82% $12.9 million $24,458
Grant or scholarship aid total 527 82% $14.5 million $27,483
Federal student loans 422 66% $2.3 million $5,508
Other student loans 103 16% $1.7 million $16,644
Student loan aid 433 68% $4 million $9,328
Total student aid 531 83% $18.5 million $34,882

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



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