Cost of attending Clarkson University increased for all students during 2022-23 school year

President Marc P. Christensen, Ph.D. P.E. - Clarkson University
President Marc P. Christensen, Ph.D. P.E. - Clarkson University
0Comments

For the 2022-23 academic year, Clarkson University raised its tuition by 3.5%, as detailed in the most recent financial report from the institution, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private, not-for-profit Clarkson University paid $56,258 this year, marking an increase of $1,888 from the $54,370 tuition charged during the 2021-22 school year.

Approximately 65% of Clarkson University’s undergraduate students are residents of New York. Students from other U.S. states make up about 31%, while international students represent 4% of the undergraduate population.

Data indicates that every full-time undergraduate who began studies at Clarkson University in the 2022-23 school year received some form of financial aid. A total of 596 students were awarded grants or scholarships amounting to $25.7 million, while 419 students obtained student loans exceeding $4.1 million.

Across the entire undergraduate body, 2,577 students benefited from grants or scholarships totaling $106.2 million. Additionally, 1,744 students secured federal student loans amounting to $11 million.

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 Clarkson 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 117 20% $670,377 $5,730
State / local grant or scholarship 153 26% $424,436 $2,774
Institutional grants or scholarships 596 100% $24.6 million $41,260
Grant or scholarship aid total 596 100% $25.7 million $43,097
Federal student loans 416 70% $2.2 million $5,313
Other student loans 91 15% $1.9 million $20,934
Student loan aid 419 70% $4.1 million $9,822
Total student aid 596 100% $29.8 million $50,002

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



Related

NY State Education Department Board of Regents Member Dr. Frances Wills

Lewis County school’s student body predominantly comprised of white students in 2024-25 school year

White students made up the largest portion of Lewis County student body in the 2024-25 school year, according to the New York State Education Department.

New York Commissioner of Education Dr. Betty A. Rosa

In 2024-25 school year, white students had highest representation in Hamilton County schools

In Hamilton County schools, there were more white students than any other ethnicity in the 2024-25 school year, according to the New York State Education Department.

New York Commissioner of Education Dr. Betty A. Rosa

Most students in Hamilton County enrolled in Wells School during 2024-25 school year

In the 2024-25 school year, Wells School had the largest enrollment among Hamilton County schools.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from North Country Leader.