Cost of education increases for all students at Rowan College of South Jersey-Cumberland Campus in 2022-23 school year

Nirav D. Shah, CDC Principal Deputy Director - cdc.gov
Nirav D. Shah, CDC Principal Deputy Director - cdc.gov
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The Rowan College of South Jersey-Cumberland Campus reported a 1.6% rise in in-state tuition for the 2022-23 school year, based on the latest information released, according to the latest disclosure from the National Center for Education Statistics.

New Jersey residents paid $5,640 to attend the two-year public college this year, an increase of $90 from the $5,550 tuition charged in the 2021-22 academic year.

Non-resident students were charged the same tuition as in-state students for 2022-23, paying $5,640, which also reflects a 1.6% increase from $5,550 in the previous year.

Approximately 99% of the undergraduate student body at the school are New Jersey residents, while about 1% come from other states.

Data indicates that 86% of full-time undergraduates who enrolled at Rowan College of South Jersey-Cumberland Campus in 2022-23 received some form of financial aid. Specifically, 257 students were awarded grants or scholarships totaling $1.5 million, and 56 students obtained student loans amounting to over $245,646.

Across all undergraduate students, 1,188 received grants or scholarships totaling $6.1 million. Additionally, 409 students borrowed $2.3 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 Rowan College of South Jersey-Cumberland Campus 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 191 61% $1 million $5,335
State / local grant or scholarship 173 55% $390,364 $2,256
Institutional grants or scholarships 68 22% $115,763 $1,702
Grant or scholarship aid total 257 82% $1.5 million $5,934
Federal student loans 55 18% $242,146 $4,403
Other student loans 0 0% $0 $0
Student loan aid 56 18% $245,646 $4,387
Total student aid 269 86% $1.8 million $6,582

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



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