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North Baltimore Journal

Sunday, November 24, 2024

Cost of college went up for all students at Stevenson University

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Tuition and fees rose 7 percent for 2017-18 at Stevenson University, according to the latest disclosure from the U.S. Department of Education.

Maryland students paid $35,490 to attend the four-year private not-for-profit institution this year $2,322 more than the $33,168 charged for 2016-17.

Data shows 99 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 718 students received grants or scholarships totaling $13.26 million and 493 students took out student loans totaling more than $4.02 million.

Including all undergraduates, 3,108 students used grants or scholarships totaling $50.5 million. Another 2,258 took out $16.97 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~2,844
$28,980
$30,998
$33,168
$35,490
22.5%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Stevenson University in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
255
35%
$1,198,327
$4,699
State / local grant or scholarship
173
24%
$805,966
$4,659
Institutional grants or scholarships
718
98%
$11,254,541
$15,675
Grant or scholarship aid total
718
98%
$13,258,834
$18,466
Federal student loans
469
64%
$2,830,166
$6,034
Other student loans
66
9%
$1,189,234
$18,019
Student loan aid
493
67%
$4,019,400
$8,153
Total student aid
728
99%

Editor's note: A previous version of this story incorrectly described the cost of attendance, which includes both tuition and fees.

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