Radenka Maric President | University of Connecticut-Avery Point
Radenka Maric President | University of Connecticut-Avery Point
Data shows that students paid $50,751 on average to attend higher education courses at the time, $1,837 more than the previous school year.
Among the three institutions in the county, Connecticut College stood out with the highest tuition fees, reaching an average of $63,005. Mitchell College followed with an average of $37,250 per year. The University of Connecticut-Avery Point students were offered the lowest annual tuition fees at $17,093.
At the time, a total of $28.2 million in grants or scholarships were awarded to full-time undergraduates who started at the New London County universities in the 2022-23 school year. Additionally, federal student loans reached $3.5 million.
Currently there are three higher education institutions in New London County, including Mitchell College, Connecticut College, and University of Connecticut-Avery Point.
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 |
---|---|---|---|---|---|---|
Mitchell College | 97 | $2,163,285 | $22,302 | 74 | $664,951 | $8,986 |
University of Connecticut-Avery Point | 103 | $1,315,423 | $12,771 | 71 | $501,055 | $7,057 |
Connecticut College | 627 | $24,675,133 | $39,354 | 228 | $2,294,290 | $10,063 |