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

President Dr. Joseph R. Marbach - Georgian Court University
President Dr. Joseph R. Marbach - Georgian Court University
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The cost of tuition at Georgian Court University rose by 3% for the 2022-23 academic year, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the private, not-for-profit university paid $35,516 this year, an increase of $1,035 from the $34,481 charged during the 2021-22 academic year.

Approximately 85% of the undergraduate student body consists of New Jersey residents, while about 11% come from other states and 4% are international students.

Data indicates that 99% of full-time undergraduates who began studies at Georgian Court University in 2022-23 received some form of financial aid. In total, 195 students were awarded grants or scholarships amounting to $5.4 million, and 96 students obtained student loans exceeding $847,879.

Across the entire undergraduate population, 1,097 students benefited from grants or scholarships totaling $25.9 million. Additionally, 653 students secured $5.1 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 Georgian Court 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 79 40% $504,458 $6,386
State / local grant or scholarship 64 33% $715,118 $11,174
Institutional grants or scholarships 195 99% $4.2 million $21,434
Grant or scholarship aid total 195 99% $5.4 million $27,689
Federal student loans 95 48% $543,454 $5,721
Other student loans 17 9% $304,425 $17,907
Student loan aid 96 49% $847,879 $8,832
Total student aid 195 99% $6.2 million $32,036

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



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