Peter Muccia, Owner/Director | LinkedIn
Peter Muccia, Owner/Director | LinkedIn
Data shows that students paid $8,365 on average to attend higher education courses at the time, $27 more than the previous school year.
Among the two institutions in the county, Paul Mitchell the School-Portsmouth stood out with the highest tuition fees, reaching an average of $18,500. Great Bay Community College followed with an average of $7,778 per year.
At the time, a total of $357,232 in grants or scholarships were awarded to full-time undergraduates who started at the Rockingham County universities in the 2022-23 school year. Additionally, federal student loans reached $411,923.
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.
Institution | Number of Students Receiving Grants | Total Amount of Grants Received | Average Amount of Grant Per Student | Number of Students Receiving Loans | Total Amount of Loans Received | Average Amount of Loans Per Student |
---|---|---|---|---|---|---|
Great Bay Community College | 52 | $321,062 | $6,174 | 44 | $272,259 | $6,188 |
Paul Mitchell the School-Portsmouth | 8 | $36,170 | $4,521 | 15 | $139,664 | $9,311 |
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