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Friday, September 27, 2024

Cost of college went up for all students at Paine College

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Tuition and fees rose 13.1 percent for 2018-19 at Paine College, according to recent data from the U.S. Department of Education.

Georgia students paid $16,096 to attend the four-year private not-for-profit institution this year – $1,870 more than the $14,226 charged for 2017-18.

Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 94 students received grants or scholarships totaling $952,991 and 85 students took out student loans totaling more than $891,407.

Including all undergraduates (469), 413 students used grants or scholarships totaling $4 million, and 306 students took out $2.5 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~389$14,224$14,224$14,226$16,09613.2%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Paine College in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants8489%$487,322$5,801
State / local grant or scholarship6771%$76,272$1,138
Institutional grants or scholarships5457%$389,397$7,211
Grant or scholarship aid total94100%$952,991$10,138
Federal student loans8489%$629,788$7,497
Other student loans3840%$261,619$6,885
Student loan aid8590%$891,407$10,487
Total student aid94100%--

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